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

$900,000 Sold Price as of 01/24/2024
  • 6 Beds
  • 3 Baths
  • 2,641 Sq.Ft.
Sold
$900,000 Sold Price as of 01/24/2024 Refinance Your Mortgage
Map preview of 427 N Kenmore Ave, Los Angeles, CA 90004

Property Overview: 427 N Kenmore Ave Los Angeles, CA has 6 bedrooms, 3 bathrooms, 2,641 living square feet and 7,351 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: BOM. Pleased to present 427 N Kenmore Ave. This property grants a development and/or an income generating investment opportunity. Own a value-add investment in prime Mid-Wilshire. The property is composed of two separate building structures that contain (3) three spacious 2 bed / 1 bath units. Each of these units have their own private outdoor access and are well maintained. Two of these units come equipped with a washer and dryer set-up. The subject property is zoned R3 with a Tier 3 TOC bonus. It is also located in an opportunity zone, giving developers both tax and density incentives to build additional units. This property is less than 5 miles from The Grove and Downtown LA, 3 miles from Koreatown & Echo Park, and has easy access to public transportation. Showing by appointment only.

Listed by Alex Carranza | BRE #02090613 | Keller Williams Beach Cities
Last checked: 8 minutes ago | Last updated: January 25th, 2024 | Source CRMLS | DOM: 256

Home details

Lot Sq. Ft
7,351
HOA Dues
$0/mo
Year built
1922
Garage
2 Car
Property Type:
Triplex
Status
Sold
MLS#
SR23022507
City
Los Angeles
County
Los Angeles
Time on Site
449 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Actual Rent: $1,880
  • Total Rent: $1,880
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Actual Rent: $1,088
  • Total Rent: $1,088
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Actual Rent: $1,168
  • Total Rent: $1,168
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 25.73
  • Gross Scheduled Income: $0
  • Net Operating Income: $17,876
  • Gross Operating Income: $46,159
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $3,106
  • Water/Sewer: $700

Property Details for 427 N Kenmore Ave

Interior Features
Laundry Information
  • Has Laundry
  • Outside
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 5520015009
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: CROSS ST: ALEXANDRIA PL. & ROSEWOOD AVE
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 427 N Kenmore Ave

Last sold for $900,000 on January 24th, 2024

  • January, 2024

  • Jan 24, 2024

    Date

    Sold

    CRMLS: SR23022507

    $900,000

    Price

  • Feb 13, 2023

    Date

    Active

    CRMLS: SR23022507

    $1,200,000

    Price

  • March, 2021

  • Mar 30, 2021

    Date

    Active

    CRMLS: SR21066019

    $1,200,000

    Price

  • Listing provided courtesy of CRMLS

    Calling all Investors and Developers! This property consists of two separate buildings that contain 3 spacious 2 bedroom/ 1 bathroom units. Each unit their own private outdoor access. There is also a studio/ office space above the garage that offers potential additional income. The property is zoned R3 so one can develop a wide range of multi-family dwelling units including apartments and condominiums. New construction being developed all around. This property is less than 5 miles from The Grove and Downtown LA, 3 miles from Koreatown and Echo Park, and has easy access to public transportation. PLEASE DO NOT DISTURB TENANTS OR WALK AROUND THE PROPERTY. Showing by appointment only.

  • October, 2020

  • Oct 29, 2020

    Date

    Expired

    CRMLS: 19524854

    $1,250,000

    Price

  • Oct 28, 2020

    Date

    Hold

    CRMLS: 19524854

    $1,250,000

    Price

  • Feb 25, 2020

    Date

    Price Change

    CRMLS: 19524854

    $1,250,000

    Price

  • Nov 12, 2019

    Date

    Price Change

    CRMLS: 19524854

    $1,350,000

    Price

  • Oct 29, 2019

    Date

    Active

    CRMLS: 19524854

    $1,430,000

    Price

  • Listing provided courtesy of CRMLS

    Marketing Package is available in the Docs folder.

  • March, 2020

  • Mar 17, 2020

    Date

    Expired

    CRMLS: 19445684

    $1,388,000

    Price

  • Oct 16, 2019

    Date

    Withdrawn

    CRMLS: 19445684

    $1,388,000

    Price

  • Sep 24, 2019

    Date

    Active

    CRMLS: 19445684

    $1,388,000

    Price

  • Sep 18, 2019

    Date

    Expired

    CRMLS: 19445684

    $1,388,000

    Price

  • Mar 22, 2019

    Date

    Active

    CRMLS: 19445684

    $1,388,000

    Price

  • Listing provided courtesy of CRMLS

    DO NOT DISTURB OCCUPANTS. Contact Listing agent for appointment

Show More

Tax History for 427 N Kenmore Ave

Assessed Value (2020): $265,182
Year Land Value Improved Value Assessed Value
2020 $181,851 $83,331 $265,182

Home Value Compared to the Market

This property vs the competition

427 N Kenmore Ave sold on January 24, 2024 for 7.56% lower 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 $416.51 per/sqft which puts the price per square foot 44.83% lower than the current median sale per square foot for the city of Los Angeles.

About 427 N Kenmore Ave

Detailed summary of property

427 N Kenmore Ave is a triplex that recently sold in Los Angeles, CA 90004. This triplex offered 6 bedrooms, 3 bathrooms, roughly 2,641 living square feet, and sits on an approximately 7,351 square foot lot. 427 N Kenmore Ave was first listed on ArdentRealEstateGroup.com on February 9, 2023. The homeowner sold the property for $900,000. 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 7.56% lower than the current median priced home. Local homes that are currently for sale include 230 N Alvarado St, 313 N Westlake Ave and 1125 S Lake St. While the average home in Los Angeles, CA is selling in 96 days, 427 N Kenmore Ave has a days on market of 256 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 427 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 427 N Kenmore Ave

Public county record property details
Beds
4
Baths
3
Year built
1922
Sq. Ft.
2,641
Lot Size
7,200
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
5520-015-009

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%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Recently Sold Homes Near 427 N Kenmore Ave

411 N Kenmore Ave, Los Angeles, CA 90004
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16 Baths
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411 N Kenmore Ave
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410 N Kenmore Ave, Los Angeles, CA 90004
$1,050,000 Last Sold Price
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4114 Oakwood Ave, Los Angeles, CA 90004
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341 N Kenmore Ave, Los Angeles, CA 90004
$1,137,500 Last Sold Price
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341 N Kenmore Ave
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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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