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

$1,650,000 Sold Price as of 07/11/2023
  • -- Beds
  • -- Baths
  • 7,056 Sq.Ft.
Sold
$1,650,000 Sold Price as of 07/11/2023 Refinance Your Mortgage
Map preview of 261 S Kenmore Ave, Los Angeles, CA 90004

Property Overview: 261 S Kenmore Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 7,056 living square feet and 8,231 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Place! place! place! Berkshire Hathaway Commercial team have been selected as the exclusive agents for this office.retail and commercial property along Kenmore Ave in the heart of Korea town, Los Angeles. 261 s Kenmore Ave is a tremendous opportunity for an owner-user to acquire an office.retail and commercial property in Korea town. In addition to the underground parking lots(7,000sf.19 cars),the first floor has 7,056 sf offices,business uses.it is a place that used to be a community market,and it is fully equipped with kitchen facilities. The owner is also highly motivated to sell this building as well. This 7,056 square foot commercial property is situated on 8,231 square feet of land. Situated near the corner of Kenmore Ave and 3rd street.The commercial property was used as office warehouse .Discount store.restaurant and all kinds business for a long time.Inside this building 2 toilets and 1 small office.There is air conditioning and cooler.heater and 3 Phase.600 Amps.480V electricity. Prime and dense location surrounded by busy business shops and also residential areas. Accordingly, a commercial building is located in the best place. The commercial property is conveniently located downtown and less than a mile away from Vermont / western Ave and Koreatown.It is the best place to invest.Seller want to sale quickly. As is condition sale.

Listed by Edward Oh | BRE #01310980 | Berkshire Hathaway HomeService
Last checked: 5 minutes ago | Last updated: July 12th, 2023 | Source CRMLS | DOM: 62

Home details

Lot Sq. Ft
8,231
HOA Dues
$0/mo
Year built
1947
Garage
--
Property Type:
Office
Status
Sold
MLS#
RS23004828
City
Los Angeles
County
Los Angeles
Time on Site
477 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 1
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 261 S Kenmore Ave

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 19
Lot Information
  • Lot Features: Corner Lot
  • Common Interest: None
Property Information
  • Parcel Number: 5581014011
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 3rs Street S Kenmore Av Corner
View more facts & features

Local Los Angeles Agent

Sale History for 261 S Kenmore Ave

Last sold for $1,650,000 on July 11th, 2023

  • July, 2023

  • Jul 11, 2023

    Date

    Sold

    CRMLS: RS23004828

    $1,650,000

    Price

  • Jan 10, 2023

    Date

    Active

    CRMLS: RS23004828

    $3,090,000

    Price

  • July, 2022

  • Jul 22, 2022

    Date

    Active

    CRMLS: 22182073

    $14,112

    Price

  • Listing provided courtesy of CRMLS

    The Property is located at 3rd St and Kenmore Ave. Spacious open space of 7,056 sf commercial property for a single tenant with full building access. Formerly, a restaurant and butcher shop. The property also offers 19 parking space in gated underground parking garage. Property is ideal for restaurant, senior day care center, mini-shopping outlet business. For more info, please contact to the listing agent. Lease amount is per Month.

  • May, 2006

  • May 23, 2006

    Date

    Sold (Public Records)

    Public Records

    $1,320,000

    Price

  • May, 2005

  • May 20, 2005

    Date

    Sold (Public Records)

    Public Records

    $835,000

    Price

Show More

Tax History for 261 S Kenmore Ave

Assessed Value (2020): $1,649,421
Year Land Value Improved Value Assessed Value
2020 $1,249,564 $399,857 $1,649,421

Home Value Compared to the Market

This property vs the competition

261 S Kenmore Ave sold on July 11, 2023 for 114.29% higher than the current median sold price for the city of Los Angeles which is $1,050,000. The median sold price per/sqft for Los Angeles is $738 and this home is sold at $318.88 per/sqft which puts the price per square foot 56.79% lower than the current median sale per square foot for the city of Los Angeles.

About 261 S Kenmore Ave

Detailed summary of property

261 S Kenmore Ave is a office that recently sold in Los Angeles, CA 90004. This office offered -- bedrooms, -- bathrooms, roughly 7,056 living square feet, and sits on an approximately 8,231 square foot lot. 261 S Kenmore Ave was first listed on ArdentRealEstateGroup.com on January 10, 2023. The homeowner sold the property for $1,650,000. Home in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 114.29% higher than the current median priced home. Local homes that are currently for sale include 16742 Orange Way and 4024 12th St. While the average home in Los Angeles, CA is selling in 96 days, 261 S Kenmore Ave has a days on market of 62 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 261 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 261 S Kenmore Ave

Public county record property details
Beds
--
Baths
--
Year built
1947
Sq. Ft.
7,056
Lot Size
8,231
Stories
1
Type
Manufacturing (Light)
Pool
No
Spa
No
County
Los Angeles
Lot#
11
APN
5518-014-011

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
$1,349,000
Median List Price/Sq.Ft.
$806
Median Sold Price
$1,163,014
Median Sold Price/Sq.Ft.
$789
Total Inventory
67
Median Sale to List Price %
93.04%
Avg Days on Market
39
Loan Type
Conventional (27.27%), FHA (0%), VA (0%), Cash (9.09%), Other (9.09%)

Thinking of Selling?

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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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