1371 Keniston Ave, Los Angeles, CA 90019
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1371 Keniston Ave Los Angeles, CA 90019

$1,770,000
  • 6 Beds
  • 4 Baths
  • 3,216 Sq.Ft.
For Sale
$1,770,000 Get Pre-Qualified

Map preview of 1371 Keniston Ave, Los Angeles, CA 90019

Property Overview: 1371 Keniston Ave Los Angeles, CA has 6 bedrooms, 4 bathrooms, 3,216 living square feet and 7,401 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: OWNER WILL CARRY, OWNER WILL CARRY, 5% INTEREST. Completely vacant at the end of escrow. Could not be a better location for getting high rents. Across the street from Rick Caruso' Mid City Shopping Center which has Ralphs Market, Target, Loews, Ross for Less, Chase Bank, Smart and Final, Bobs Furniture and Chipotle restaurant. Bright and airy Spanish Style duplex, 3 bedrooms, 2 baths, formal living room, formal dining room, large bedrooms, separate breakfast rooms in each unit. 5 car covered garage. Boasting a generous 3216 sq. ft. of living space on a large 7,398 lot. Space to build as much as 3 additional adu's. Information deemed reliable although not guaranteed. Buyer advised to investigate there suitability of all aspects of the property. No current permit for carport. This property is being sold for its land value.

Listed by Aron Schifman | BRE #00599127 | Aron Schifman
Last checked: 5 minutes ago | Last updated: April 2nd, 2024 | Source CRMLS | DOM: 77
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Home details

Lot Sq. Ft
7,401
HOA Dues
$0/mo
Year built
1927
Garage
5 Car
Property Type:
Multi Family
Status
Active
MLS#
24353369
City
Los Angeles
County
Los Angeles
Time on Site
109 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: $4,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1371 Keniston Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central
Kitchen Information
  • Has Appliances
  • Dishwasher
Interior Features
  • Levels: Multi/Split
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 5
Property Information
  • Total # of Units: 2
  • Parcel Number: 5083023004
  • Architectural Style: Spanish
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: San Vincente to Keniston
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Sale History for 1371 Keniston Ave

Last sold for $1,200,000 on December 16th, 2022
  • February, 2024

  • Feb 20, 2024

    Date

    Active

    CRMLS: 24353369

    $1,800,000

    Price

  • December, 2022

  • Dec 16, 2022

    Date

    Sold

    CRMLS: 22184521

    $1,200,000

    Price

  • Jul 30, 2022

    Date

    Active

    CRMLS: 22184521

    $1,699,900

    Price

  • Listing provided courtesy of CRMLS

    Location location location! Major price reduction!!! Calling all investors and Homebuyers! In Los Angeles adjacent to Hancock Park and mid Wilshire. This large duplex is a perfect fixer-upper for either a developer or an end user. Also another option is to live in one unit and rent the other out. Large lot over 7400 ft., perfect for an ADU and your own personal updates. Both units are a total of 3216 sq' and are 3 bedrooms 2 bathrooms each. Detached 2 car garage with additional carport. Come bring your vision. Great opportunity to remodel or make new additions. Sold as is with one unit occupied with tenants in possession that have been there over 10 years and are month to month. Don't miss out on this opportunity! Information deemed to be reliable although not guaranteed. Buyer advised to investigate the suitability of all aspects of the property. No current permit for carport.

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Tax History for 1371 Keniston Ave

Assessed Value (2020): $86,470
Year Land Value Improved Value Assessed Value
2020 $36,961 $49,509 $86,470

Home Value Compared to the Market

This property vs the competition

1371 Keniston Ave is listed 41.6% higher than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $777 and this home is listed at $550.37 per/sqft which puts the price per square foot 29.17% lower than the median price per square foot for the city of Los Angeles.

About 1371 Keniston Ave

Detailed summary of property

1371 Keniston Ave is a multi family located in Los Angeles, CA 90019 and is currently for sale. This multi family property offers 6 bedrooms, 4 bathrooms, roughly 3,216 living square feet, and sits on an approximately 7,401 square foot lot. 1371 Keniston Ave was first listed on ArdentRealEstateGroup.com on January 31, 2024. The homeowner is currently asking $1,770,000 and was originally asking $1,800,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $777. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 41.6% higher than the median priced home. Local competing homes currently for sale include 1096 S Sycamore Ave, 4526 St Elmo Dr and 4723 Pickford St. While the average home in Los Angeles, CA is selling in 92 days, 1371 Keniston Ave has a days on market of 77 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1371 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 1371 Keniston Ave

Public county record property details
Beds
6
Baths
4
Year built
1927
Sq. Ft.
3,216
Lot Size
7,399
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
341,342
APN
5083-023-004

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
$1,599,800
Median List Price/Sq.Ft.
$696
Median Sold Price
$1,620,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
70
Median Sale to List Price %
95.58%
Avg Days on Market
21
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (9.09%), Other (9.09%)

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Related Resources to 1371 Keniston 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.