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233 N Kenmore Ave, Los Angeles, CA 90004
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233 N Kenmore Ave Los Angeles, CA 90004

$4,750,000
  • 0 Beds
  • 30 Baths
  • 15,408 Sq.Ft.
For Sale
$4,750,000 Get Pre-Qualified
Map preview of 233 N Kenmore Ave, Los Angeles, CA 90004

Property Overview: 233 N Kenmore Ave Los Angeles, CA has -- bedrooms, 30 bathrooms, 15,408 living square feet and 7,618 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: CORE Commercial Real Estate, Inc. is pleased to present this 30-unit building with curb appeal on a quiet tree lined street in the Koreatown neighborhood of Los Angeles. Centrally located just 1 block south of Beverly Blvd and several blocks west of Vermont Ave, this location boasts a walk score of 87, and residents have easy access to public transportation. The building has undergone major renovations over the last 5 years including replacement of supply and waste lines in 15 units, electrical service upgrades for all units, new roof, and over one third of the units have already been turned. Priced at a 5.27% cap with tremendous upside for a future investor.

Listed by Daniel Bahr | BRE #01488504 | CORE Commercial Real Estate, Inc.
Last checked: 27 seconds ago | Last updated: July 30th, 2024 | Source CRMLS | DOM: 53
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Home details

Lot Sq. Ft
7,618
HOA Dues
$0/mo
Year built
1925
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24418321
City
Los Angeles
County
Los Angeles
Time on Site
59 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 30
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 30
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,057
  • Total Rent: $31,726
  • Pro Forma/Market Rent: $40,350
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.27%
  • Gross Rent Multiplier: 12.5
  • Gross Scheduled Income: --
  • Net Operating Income: $250,150
  • Gross Operating Income: $395,453
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 233 N Kenmore Ave

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Property Details for 233 N Kenmore Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community
Room Information
  • Flooring: Wood, Tile
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Levels: Three Or More
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Property Information
  • Total # of Units: 30
  • Parcel Number: 5518017021
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: South of Beverly Blvd. & West of Vermont Ave.
View more facts & features

Local Los Angeles Agent

Sale History for 233 N Kenmore Ave

Last sold for $4,750,000 on August 1st, 2017

  • July, 2024

  • Jul 22, 2024

    Date

    Active

    CRMLS: 24418321

    $4,750,000

    Price

  • August, 2017

  • Aug 1, 2017

    Date

    Sold (Public Records)

    Public Records

    $4,750,000

    Price

  • July, 2015

  • Jul 14, 2015

    Date

    Sold (Public Records)

    Public Records

    $3,140,000

    Price

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Tax History for 233 N Kenmore Ave

Assessed Value (2020): $4,958,900
Year Land Value Improved Value Assessed Value
2020 $3,433,320 $1,525,580 $4,958,900

Home Value Compared to the Market

This property vs the competition

233 N Kenmore Ave is listed 295.83% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $308.28 per/sqft which puts the price per square foot 59.86% lower than the median price per square foot for the city of Los Angeles.

About 233 N Kenmore Ave

Detailed summary of property

233 N Kenmore Ave is a multi family located in Los Angeles, CA 90004 and is currently for sale. This multi family property offers -- bedrooms, 30 bathrooms, roughly 15,408 living square feet, and sits on an approximately 7,618 square foot lot. 233 N Kenmore Ave was first listed on ArdentRealEstateGroup.com on July 22, 2024. The homeowner is currently asking $4,750,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 295.83% higher than the median priced home. Local competing homes currently for sale include 676 S Rampart Blvd, 3421 Larissa Dr and 5741 Virginia Ave. While the average home in Los Angeles, CA is selling in 106 days, 233 N Kenmore Ave has a days on market of 53 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 233 N 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 233 N Kenmore Ave

Public county record property details
Beds
--
Baths
--
Year built
1925
Sq. Ft.
15,408
Lot Size
7,615
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
9
APN
5518-017-021

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.
$808
Median Sold Price
$790,000
Median Sold Price/Sq.Ft.
$601
Total Inventory
79
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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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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