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

$3,200,000 Sold Price as of 07/16/2019
  • 14 Beds
  • 12 Baths
  • 13,664 Sq.Ft.
Sold
$3,200,000 Sold Price as of 07/16/2019 Refinance Your Mortgage
Map preview of 211 S Kenmore Ave, Los Angeles, CA 90004

Property Overview: 211 S Kenmore Ave Los Angeles, CA has 14 bedrooms, 12 bathrooms, 13,664 living square feet and 16,527 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This investment opportunity provides value add investors with a rare opportunity to acquire two separate properties located adjacent to each other in the heart of the Wilshire Center - Koreatown neighborhood. Situated just east of Western Ave and north of W 3rd St, this double-lot opportunity includes two well maintained properties for a total of (14) units: one (8) unit building, built 1924 & one (6) unit building, built 1939. Both buildings have upgraded plumbing, electrical, and a new roof, and a few units have been remodeled with new flooring, kitchen, and bathroom. With 12 parking spaces in the back - garages & surface spots, 65% rental upside potential, and a great unit mix of majority large 1Bed/1Bath units, contact the listing agents today to learn more about this opportunity!

Listed by Kamfar Kyle Mirrafati | BRE #01911204 | Matthews Real Estate Investmen
Last checked: 4 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 92

Home details

Lot Sq. Ft
16,527
HOA Dues
$0/mo
Year built
1924
Garage
12 Car
Property Type:
Multi Family
Status
Sold
MLS#
19446474
City
Los Angeles
County
Los Angeles
Time on Site
1221 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 14
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 10
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,112
  • Total Rent: $13,340
  • Pro Forma/Market Rent: $13,340
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,625
  • Total Rent: $3,250
  • Pro Forma/Market Rent: $3,250
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.51%
  • Gross Rent Multiplier: 16.33
  • Gross Scheduled Income: --
  • Net Operating Income: $112,768
  • Gross Operating Income: $193,108
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 211 S Kenmore Ave

Interior Features
Cooling Information
  • Has Cooling
  • See Remarks
Laundry Information
  • Has Laundry
  • See Remarks
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 12
  • # of Parking Spaces: 12
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 14
  • Parcel Number: 5518014002
Location / Neighborhood
Location Information
  • Directions: Please reference Google Maps.
View more facts & features

Local Los Angeles Agent

Sale History for 211 S Kenmore Ave

Last sold for $3,200,000 on July 16th, 2019

  • July, 2019

  • Jul 29, 2019

    Date

    Sold

    CRMLS: 19446474

    $3,200,000

    Price

  • May 28, 2019

    Date

    Pending

    CRMLS: 19446474

    $3,250,000

    Price

  • Apr 17, 2019

    Date

    Price Change

    CRMLS: 19446474

    $3,250,000

    Price

  • Mar 21, 2019

    Date

    Active

    CRMLS: 19446474

    $3,350,000

    Price

  • July, 2019

  • Jul 16, 2019

    Date

    Sold (Public Records)

    Public Records

    $3,200,000

    Price

  • November, 2013

  • Nov 26, 2013

    Date

    Sold (Public Records)

    Public Records

    $1,800,018

    Price

Show More

Tax History for 211 S Kenmore Ave

Assessed Value (2020): $1,678,000
Year Land Value Improved Value Assessed Value
2020 $1,200,000 $478,000 $1,678,000

Home Value Compared to the Market

This property vs the competition

211 S Kenmore Ave sold on July 16, 2019 for 173.11% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $237.85 per/sqft which puts the price per square foot 68.5% lower than the current median sale per square foot for the city of Los Angeles.

About 211 S Kenmore Ave

Detailed summary of property

211 S Kenmore Ave is a multi family that recently sold in Los Angeles, CA 90004. This multi family property offered 14 bedrooms, 12 bathrooms, roughly 13,664 living square feet, and sits on an approximately 16,527 square foot lot. 211 S Kenmore Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $3,200,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 173.11% higher than the current median priced home. Local homes that are currently for sale include 811 Kodak Dr, 5380 Romaine St and 136 N Rampart Blvd. While the average home in Los Angeles, CA is selling in 94 days, 211 S Kenmore Ave has a days on market of 92 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 211 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 211 S Kenmore Ave

Public county record property details
Beds
8
Baths
8
Year built
1924
Sq. Ft.
7,568
Lot Size
8,265
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
2
APN
5518-014-002

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
$1,500,000
Median List Price/Sq.Ft.
$795
Median Sold Price
$1,650,000
Median Sold Price/Sq.Ft.
$873
Total Inventory
61
Median Sale to List Price %
97.35%
Avg Days on Market
27
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (13.33%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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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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