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520 S Kenmore Ave, Los Angeles, CA 90020
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520 S Kenmore Ave Los Angeles, CA 90020

$5,900,000
  • 15 Beds
  • 24 Baths
  • 18,783 Sq.Ft.
For Sale
$5,900,000 Get Pre-Qualified
Map preview of 520 S Kenmore Ave, Los Angeles, CA 90020

Property Overview: 520 S Kenmore Ave Los Angeles, CA has 15 bedrooms, 24 bathrooms, 18,783 living square feet and 9,817 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: UNIT MIX: 1Bed 1Bath x 15. Studio 1Bath X 9. Current monthly income: $33,700. Annual $404,400. What a location! Yes, they say location matters and it really does. Within feet reaching location of ever-so-famous Chapman Plaza, City Center and the rest of the "Koreatown Sixth Street Corridor" First time on the market in 15 years! Huge upside potential for income! All tenants are current on their rental payments. Subterranean gated parking of 24 cars all side x side all separately metered. R4 Zoning of approximately 10,000 SF lot on Tier 3 TOC with number of new developments/projects within close proximity to the subject property. 100% RC, NON-HPOZ. New roof is being installed, majority of electricals and plumbing were upgraded in the recent past years per Seller. Drive-by ONLY! See Private Remarks.

Listed by Peter Yoo | BRE #01449891 | Masters Realty & Investment
Last checked: 16 minutes ago | Last updated: June 28th, 2024 | Source CRMLS | DOM: 5

Home details

Lot Sq. Ft
9,817
HOA Dues
$0/mo
Year built
1961
Garage
24 Car
Property Type:
Multi Family
Status
Active
MLS#
24408191
City
Los Angeles
County
Los Angeles
Time on Site
3 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 24
  • Total # of Buildings: 1
  • # of Leased Units: 24
Unit Breakdown 1
  • # of Units: 15
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: 9
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.3%
  • Gross Rent Multiplier: 14.6
  • Gross Scheduled Income: $404,000
  • Net Operating Income: $374,400
  • Gross Operating Income: $404,400
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 520 S Kenmore Ave

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Property Details for 520 S Kenmore Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community
Kitchen Information
  • Has Appliances
  • Disposal, Microwave, Trash Compactor
Interior Features
  • Levels: Multi/Split
  • Security Features: Automatic Gate, Carbon Monoxide Detector(s), Gated Community
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 24
  • # of Parking Spaces: 24
  • Has Parking
  • Parking Features: Side by Side, Covered, Auto Driveway Gate, Controlled Entrance
Property Information
  • Total # of Units: 24
  • Parcel Number: 5502021004
  • 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: 520 S. Kenmore Ave, West of Vermont
View more facts & features

Local Los Angeles Agent

Sale History for 520 S Kenmore Ave

Last sold on September 24th, 2020

  • June, 2024

  • Jun 26, 2024

    Date

    Active

    CRMLS: 24408191

    $5,900,000

    Price

  • September, 2020

  • Sep 24, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • July, 2009

  • Jul 1, 2009

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 520 S Kenmore Ave

Assessed Value (2020): $2,960,329
Year Land Value Improved Value Assessed Value
2020 $1,180,290 $1,780,039 $2,960,329

Home Value Compared to the Market

This property vs the competition

520 S Kenmore Ave is listed 377.35% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $775 and this home is listed at $314.11 per/sqft which puts the price per square foot 59.47% lower than the median price per square foot for the city of Los Angeles.

About 520 S Kenmore Ave

Detailed summary of property

520 S Kenmore Ave is a multi family located in Los Angeles, CA 90020 and is currently for sale. This multi family property offers 15 bedrooms, 24 bathrooms, roughly 18,783 living square feet, and sits on an approximately 9,817 square foot lot. 520 S Kenmore Ave was first listed on ArdentRealEstateGroup.com on June 27, 2024. The homeowner is currently asking $5,900,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $775. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 377.35% higher than the median priced home. Local competing homes currently for sale include 3365 Hamilton Way, 1651 Redcliff St and 5314 Loma Linda Ave. While the average home in Los Angeles, CA is selling in 99 days, 520 S Kenmore Ave has a days on market of 5 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 520 S Kenmore Ave Los Angeles, CA 90020 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 520 S Kenmore Ave

Public county record property details
Beds
15
Baths
--
Year built
1961
Sq. Ft.
18,783
Lot Size
9,814
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
7,8
APN
5502-021-004

The source for these homes facts are from public records.

90020 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$810,000
Median List Price/Sq.Ft.
$653
Median Sold Price
$680,000
Median Sold Price/Sq.Ft.
$582
Total Inventory
55
Median Sale to List Price %
94.44%
Avg Days on Market
71
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (20%), Other (40%)

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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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