132 S Kenmore Ave, Los Angeles, CA 90004
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132 S Kenmore Ave Los Angeles, CA 90004

$1,326,526 Sold Price as of 12/30/2022
  • 12 Beds
  • 8 Baths
  • 6,844 Sq.Ft.
Sold
$1,326,526 Sold Price as of 12/30/2022 Refinance Your Mortgage

Map preview of 132 S Kenmore Ave, Los Angeles, CA 90004

Property Overview: 132 S Kenmore Ave Los Angeles, CA has 12 bedrooms, 8 bathrooms, 6,844 living square feet and 7,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Best Deal in Koreatown! Calling Out All Investors to This Massive 4-Plex Income Property. All units are 3 beds / 2 baths with over 1,700 sqft of living space. YE$: 1,711 living sqft per unit to be exact. Conveniently located in the heart of K-Town with less than 15-minute drive to DTLA, Silver Lake, Mid-Wilshire, Hancock Park, and Hollywood even with the notorious LA traffic!!! With the pro forma rent @ $3.5k and CAP rate @ 7.3% respectively, This Spanish colonial is a cash-flowing cow or Bull if you would ^^ Gotta See it to Appreciate. Better Hurry to Capitalize. Gotta Run to Catch This ... Bull Will Go Quick!!!!

Listed by SAM LEE | BRE #02102508 | Your Home Sold Guaranteed Rlty
Co-listed by Jan D-Martinez | BRE #01230778 | Your Home Sold Guaranteed Realty
Last checked: 5 minutes ago | Last updated: September 5th, 2024 | Source CRMLS | DOM: 29

Home details

Lot Sq. Ft
7,000
HOA Dues
$0/mo
Year built
1925
Garage
7 Car
Property Type:
Fourplex
Status
Sold
MLS#
WS22244255
City
Los Angeles
County
Los Angeles
Time on Site
678 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,375
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $3,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $120,000
  • Net Operating Income: $102,833
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $17,167
  • Trash: $1,200
  • Insurance: $2,800

Property Details for 132 S Kenmore Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Inside, Washer Hookup
Interior Features
  • Levels: Two
  • Window Features: Double Pane Windows
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 7
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Assigned, Uncovered
Lot Information
  • Lot Features: Lot 6500-9999, Paved
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 5518020017
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Cross Streets: Normandie Ave & 3rd St
Neighborhood Information
  • Community Features: Suburban
View more facts & features

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Sale History for 132 S Kenmore Ave

Last sold for $1,326,526 on December 30th, 2022
  • September, 2024

  • Sep 5, 2024

    Date

    Canceled

    CRMLS: 24390236

    $1,749,500

    Price

  • May 9, 2024

    Date

    Active

    CRMLS: 24390236

    $1,752,000

    Price

  • Listing provided courtesy of CRMLS

    CLOSE TO 7% CURRENT CAP RATE that comes with 50% VACANCY and is ONLY $255/SF, Large 1,700 SF per unit, 4 plex with Original 3 Bed 2 Bath Each! A truly exceptional investment opportunity in the heart of Los Angeles! This rare gem is a stunning 4-unit property showcasing the timeless beauty of Spanish Colonial architecture. Nestled in the vibrant Koreatown, close to Hollywood and Larchmont Village, this unique complex boasts a remarkable 6,844 square feet of living space on a generous 7,000 square feet lot. It is very rare to find a 4-unit complex in this size, each unit featuring a spacious 3 bedrooms and 2 bathrooms, with approximately 1,700 square feet of luxurious living space. Perched on a picturesque street, perfect for a leisurely stroll, this property creates an idyllic setting that attracts tenants seeking a charming and comfortable neighborhood. Additionally, it is conveniently located just a blocks from the Vermont/Beverly Metro station, with close proximity to bus stops along Beverly and Temple. Easy access to the Freeways adds to the accessibility and allure of this extraordinary investment. All the architectural details of the Spanish Colonial style are present, creating a unique and appreciated aesthetic that adds to the overall appeal of this rare gem.

  • April, 2024

  • Apr 26, 2024

    Date

    Canceled

    CRMLS: 24361787

    $1,799,800

    Price

  • Feb 23, 2024

    Date

    Active

    CRMLS: 24361787

    $1,799,800

    Price

  • Listing provided courtesy of CRMLS

    Over 6% Current CAP RATE with 50% VACANCY, Large 1,700 SF per unit, 4 plex with 3 Bed 2 Bath Each! A truly exceptional investment opportunity in the heart of Los Angeles! This rare gem is a stunning 4-unit property showcasing the timeless beauty of Spanish Colonial architecture. Nestled in the vibrant Koreatown, close to Hollywood and Larchmont Village, this unique complex boasts a remarkable 6,844 square feet of living space on a generous 7,000 square feet lot. It is very rare to find a 4-unit complex in this size, each unit featuring a spacious 3 bedrooms and 2 bathrooms, with approximately 1,700 square feet of luxurious living space. Perched on a picturesque street, perfect for a leisurely stroll, this property creates an idyllic setting that attracts tenants seeking a charming and comfortable neighborhood. Additionally, it is conveniently located just a blocks from the Vermont/Beverly Metro station, with close proximity to bus stops along Beverly and Temple. Easy access to the Freeways adds to the accessibility and allure of this extraordinary investment. All the architectural details of the Spanish Colonial style are present, creating a unique and appreciated aesthetic that adds to the overall appeal of this rare gem.

  • December, 2022

  • Dec 30, 2022

    Date

    Sold

    CRMLS: WS22244255

    $1,326,526

    Price

  • Nov 18, 2022

    Date

    Active

    CRMLS: WS22244255

    $1,550,000

    Price

  • January, 2019

  • Jan 8, 2019

    Date

    Expired

    CRMLS: 18370032

    $2,500

    Price

  • Jan 7, 2019

    Date

    Withdrawn

    CRMLS: 18370032

    $2,500

    Price

  • Aug 8, 2018

    Date

    Pending

    CRMLS: 18370032

    $2,500

    Price

  • Jul 28, 2018

    Date

    Active

    CRMLS: 18370032

    $2,500

    Price

  • Listing provided courtesy of CRMLS

    Two vacant units out of four total are available

  • October, 1997

  • Oct 6, 1997

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 132 S Kenmore Ave

Assessed Value (2020): $416,093
Year Land Value Improved Value Assessed Value
2020 $218,997 $197,096 $416,093

Home Value Compared to the Market

This property vs the competition

132 S Kenmore Ave sold on December 30, 2022 for 38.39% 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 $226.48 per/sqft which puts the price per square foot 68.72% lower than the current median sale per square foot for the city of Los Angeles.

About 132 S Kenmore Ave

Detailed summary of property

132 S Kenmore Ave is a fourplex that recently sold in Los Angeles, CA 90004. This fourplex offered 12 bedrooms, 8 bathrooms, roughly 6,844 living square feet, and sits on an approximately 7,000 square foot lot. 132 S Kenmore Ave was first listed on ArdentRealEstateGroup.com on November 19, 2022. The homeowner sold the property for $1,326,526. 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 38.39% higher than the current median priced home. Local homes that are currently for sale include 342 N Dillon St, 827 Lucile Ave and 5154 Romaine St. While the average home in Los Angeles, CA is selling in 106 days, 132 S Kenmore Ave has a days on market of 29 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 132 S Kenmore Ave Los Angeles, CA 90004 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 132 S Kenmore Ave

Public county record property details
Beds
12
Baths
4
Year built
1925
Sq. Ft.
6,844
Lot Size
6,999
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
5518-020-017

The source for these homes facts are from public records.

90004 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,488,000
Median List Price/Sq.Ft.
$792
Median Sold Price
$790,000
Median Sold Price/Sq.Ft.
$601
Total Inventory
85
Median Sale to List Price %
95.18%
Avg Days on Market
39
Loan Type
Conventional (11.11%), FHA (0%), VA (0%), Cash (0%), Other (22.22%)

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Related Resources to 132 S Kenmore Ave

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.