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1263 Keniston Ave, Los Angeles, CA 90019
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1263 Keniston Ave Los Angeles, CA 90019

$1,150,000 Sold Price as of 12/29/2023
  • 5 Beds
  • 4 Baths
  • 2,012 Sq.Ft.
Sold
$1,150,000 Sold Price as of 12/29/2023 Refinance Your Mortgage
Map preview of 1263 Keniston Ave, Los Angeles, CA 90019

Property Overview: 1263 Keniston Ave Los Angeles, CA has 5 bedrooms, 4 bathrooms, 2,012 living square feet and 5,438 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to 1263 Keniston Ave, a remarkable opportunity to own a versatile income property in the heart of Los Angeles. This incredible Spanish style side by side duplex offers a range of possibilities. Nestled in the highly sought-after Mid-Wilshire/Hancock area, it's primed for a variety of uses - from multi-family income to an inviting owner-occupied rental. Sold in as-is condition, at an enticing price point, it invites you to shape it to your vision. Centrally located, this property is just minutes away from the renowned Beverly Grove, offering easy access to an array of restaurants, shopping centers, supermarkets, and more. With convenient proximity to freeways, schools, museums, and theaters, as well as being a mere 10-20 minute drive to both DTLA and nearby beaches, it boasts a prime locale for attracting long-term, quality tenants. Unlock the potential of this property by exploring the option to add a second story (subject to local regulations), providing an opportunity to enhance both its value and visual appeal. Imagine enjoying breathtaking city and mountain views from your own home. Additionally, the detached garage offers a chance to create an Accessory Dwelling Unit (ADU), further increasing the property's rental potential and providing flexibility to suit your needs. Don't miss out on this unique opportunity to own a piece of Los Angeles real estate.

Listed by Mitch Bassett | BRE #02141643 | Avenue 8, Inc.
Last checked: 5 minutes ago | Last updated: December 30th, 2023 | Source CRMLS | DOM: 12

Home details

Lot Sq. Ft
5,438
HOA Dues
$0/mo
Year built
1922
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
23325921
City
Los Angeles
County
Los Angeles
Time on Site
328 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,802
  • Total Rent: $1,802
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.9%
  • Gross Rent Multiplier: 13.7
  • Gross Scheduled Income: --
  • Net Operating Income: $79,400
  • Gross Operating Income: $84,000
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 1263 Keniston Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • None
Kitchen Information
  • Has Appliances
  • Gas Cooktop
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage - Two Door
Property Information
  • Total # of Units: 2
  • Parcel Number: 5083018014
  • Architectural Style: Spanish
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
Location / Neighborhood
Location Information
  • Directions: North West Corner of Dockweiler St. and Keniston Ave. Just East of La Brea and North of San Vicente Blvd
View more facts & features

Local Los Angeles Agent

Sale History for 1263 Keniston Ave

Last sold for $1,150,000 on December 29th, 2023

  • December, 2023

  • Dec 29, 2023

    Date

    Sold

    CRMLS: 23325921

    $1,150,000

    Price

  • Oct 27, 2023

    Date

    Active

    CRMLS: 23325921

    $1,150,000

    Price

  • October, 2023

  • Oct 13, 2023

    Date

    Canceled

    CRMLS: 23276955

    $1,244,999

    Price

  • Jun 5, 2023

    Date

    Active

    CRMLS: 23276955

    $1,295,000

    Price

  • Listing provided courtesy of CRMLS

    $30,000 Price Reduction!!! THE 3 BEDROOM/2 BATHROOM UNIT is now currently VACANT and can be shown anytime!!! New Pics are now up of that unit as well. It is in great shape and ready to be lived in or rented! What an amazing location to buy a duplex!! Ideal for an owner user to enjoy high quality living in an amazing vibrant area and collect rent. This is a gem of a duplex is priced to sell with a detached garage that could be converted to an ADU (Buyer to verify). The garage goes with the vacant unit. Property to be sold As-Is. Seller is very motivated to strike a deal so bring all offers asap! Buyer to do their own due diligence with respect to verifying all permitting and square footage. Broker does not warrant or guarantee any accuracy of such information. Please do not disturb the other tenant.

  • February, 2016

  • Feb 3, 2016

    Date

    Sold (Public Records)

    Public Records

    $760,000

    Price

  • April, 2004

  • Apr 30, 2004

    Date

    Sold (Public Records)

    Public Records

    $599,000

    Price

Show More

Tax History for 1263 Keniston Ave

Assessed Value (2020): $877,617
Year Land Value Improved Value Assessed Value
2020 $702,518 $175,099 $877,617

Home Value Compared to the Market

This property vs the competition

1263 Keniston Ave sold on December 29, 2023 for 2.68% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $571.57 per/sqft which puts the price per square foot 21.05% lower than the current median sale per square foot for the city of Los Angeles.

About 1263 Keniston Ave

Detailed summary of property

1263 Keniston Ave is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 5 bedrooms, 4 bathrooms, roughly 2,012 living square feet, and sits on an approximately 5,438 square foot lot. 1263 Keniston Ave was first listed on ArdentRealEstateGroup.com on October 27, 2023. The homeowner sold the property for $1,150,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 2.68% higher than the current median priced home. Local homes that are currently for sale include 2045 S Palm Grove Ave, 2204 Crenshaw Blvd and 2211 S Bronson Ave. While the average home in Los Angeles, CA is selling in 106 days, 1263 Keniston Ave has a days on market of 12 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1263 Keniston Ave Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1263 Keniston Ave

Public county record property details
Beds
3
Baths
2
Year built
1922
Sq. Ft.
2,012
Lot Size
5,452
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
325
APN
5083-018-014

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,450,000
Median List Price/Sq.Ft.
$703
Median Sold Price
$1,277,500
Median Sold Price/Sq.Ft.
$715
Total Inventory
95
Median Sale to List Price %
98.65%
Avg Days on Market
29
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (20%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Recently Sold Homes Near 1263 Keniston Ave

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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