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

$2,295,000
  • 12 Beds
  • 6 Baths
  • 6,852 Sq.Ft.
For Sale
$2,295,000 Get Pre-Qualified

Map preview of 251 N Kenmore Ave, Los Angeles, CA 90004

Property Overview: 251 N Kenmore Ave Los Angeles, CA has 12 bedrooms, 6 bathrooms, 6,852 living square feet and 7,632 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: Seller's loss is the Buyer's Gain! Fabulous New Price on this wonderful Investment Property. 251 N. Kenmore, is an updated and Architecturally Charming, gated Multi-Family building comprised of 6 renovated, 2 Bedroom, 1 Full Bathroom homes ideally located in the heart of Koreatown on an exquisite tree lined street. These beautiful homes have very spacious floorplans, large eat-in Kitchens with Granite Countertops, Laminate Wood Flooring, tons of Windows and Light, 9' Ceilings, Laundry Rooms with Washer & Dryers, very few common walls, as well as Central Heating and Air Conditioning. Own a pride of ownership, trophy property with very little tenant turnover as the homes are so coveted! 10 gated Parking Spaces (5 covered and 5 uncovered). Koreatown's prime location, close proximity to major employment centers, and a wide range of culinary, entertainment and cultural choices make it a highly attractive destination for renters.

Listed by Nili Hudson | BRE #00910893 | Compass
Last checked: 10 minutes ago | Last updated: March 26th, 2024 | Source CRMLS | DOM: 202
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Home details

Lot Sq. Ft
7,632
HOA Dues
$0/mo
Year built
1926
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
23318459
City
Los Angeles
County
Los Angeles
Time on Site
209 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
  • # of Leased Units: 6
  • # of Electric Meters: 6
  • # of Gas Meters: 6
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,282
  • Total Rent: $4,564
  • Pro Forma/Market Rent: $4,564
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,490
  • Total Rent: $2,490
  • Pro Forma/Market Rent: $2,490
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,600
  • Total Rent: $2,600
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,386
  • Total Rent: $2,386
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,127
  • Total Rent: $2,127
  • Pro Forma/Market Rent: $2,490
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.7%
  • Gross Rent Multiplier: 13.5
  • Gross Scheduled Income: --
  • Net Operating Income: $107,961
  • Gross Operating Income: $170,004
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 251 N Kenmore Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Individual Room
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
  • Center Hall, Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator, Range Hood, Range
Interior Features
  • High Ceilings, Intercom
  • Levels: One, Three Or More
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • Roof: Composition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Gated, Detached Carport, Covered, Driveway, Uncovered
Lot Information
  • Lot Features: Rectangular Lot
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Mountain(s), City Lights
  • Total # of Units: 6
  • Parcel Number: 5518017018
  • Architectural Style: Mediterranean
  • Entry Level: 1
  • Foundation Details: Raised
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: South of Beverly Blvd and East of Normandie
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Sale History for 251 N Kenmore Ave

Last leased for $2,495 on April 30th, 2024
  • April, 2024

  • Apr 30, 2024

    Date

    Leased

    CRMLS: SB24045760

    $2,495

    Price

  • Mar 6, 2024

    Date

    Active

    CRMLS: SB24045760

    $2,600

    Price

  • Listing provided courtesy of CRMLS

    Welcome home to this 2 bedroom, 1 bathroom apartment in the Melrose Hill area of Los Angeles! This freshly painted unit features an spacious living room, a fully stocked kitchen with a refrigerator, stove, and dishwasher, sleek quartz counter tops and plenty of cabinetry for storage needs. Enjoy the convenience of the in-unit washer and dryer. Located near Alexandria Elementary School, Rosewood Gardens, Shatto Park, and all the food and shops Beverly Blvd has to offer.

  • October, 2023

  • Oct 5, 2023

    Date

    Active

    CRMLS: 23318459

    $2,595,000

    Price

  • June, 2022

  • Jun 27, 2022

    Date

    Leased

    CRMLS: SB22131190

    $2,500

    Price

  • Jun 16, 2022

    Date

    Active

    CRMLS: SB22131190

    $2,500

    Price

  • Listing provided courtesy of CRMLS

    Lovely 2 bedroom, 1 bathroom top floor apartment in LA! This spacious unit in a gated building conveniently features 2 parking spaces on-site, an in-unit washer and dryer combo, and an open kitchen with granite countertops. The windows throughout the unit let in plenty of light and open up the home. The kitchen is equipped with a dishwasher and stove. Located in walking distance of highly-rated restaurants and the Vermont/Beverly metro station, and nearby Wiltern Theater, Montessori Shir-Hashirim, Alexandria Elementary School, 101 FWY, markets, and more!

  • December, 2014

  • Dec 1, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • November, 2014

  • Nov 26, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 251 N Kenmore Ave

Assessed Value (2020): $1,989,715
Year Land Value Improved Value Assessed Value
2020 $1,392,353 $597,362 $1,989,715

Home Value Compared to the Market

This property vs the competition

251 N Kenmore Ave is listed 87.35% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $334.94 per/sqft which puts the price per square foot 56.73% lower than the median price per square foot for the city of Los Angeles.

About 251 N Kenmore Ave

Detailed summary of property

251 N Kenmore Ave is a multi family located in Los Angeles, CA 90004 and is currently for sale. This multi family property offers 12 bedrooms, 6 bathrooms, roughly 6,852 living square feet, and sits on an approximately 7,632 square foot lot. 251 N Kenmore Ave was first listed on ArdentRealEstateGroup.com on October 6, 2023. The homeowner is currently asking $2,295,000 and was originally asking $2,595,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 87.35% higher than the median priced home. Local competing homes currently for sale include 803 N Kingsley Dr, 203 N Oxford Ave and 867 N Alexandria Ave. While the average home in Los Angeles, CA is selling in 96 days, 251 N Kenmore Ave has a days on market of 202 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 251 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 251 N Kenmore Ave

Public county record property details
Beds
6
Baths
6
Year built
1926
Sq. Ft.
6,852
Lot Size
7,631
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
5518-017-018

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
$1,388,000
Median List Price/Sq.Ft.
$810
Median Sold Price
$1,650,000
Median Sold Price/Sq.Ft.
$873
Total Inventory
64
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%)

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Related Resources to 251 N 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.