The three-story building spans approximately 7,376 square feet and is comprised entirely of (8) two-bedroom, two-bath units—each offering spacious floorplans that continue to attract working professionals and small families. Two units will be delivered vacant at the close of escrow, giving the next owner the chance to immediately capture market rents. Current rental income is protected under California’s statewide rent control (AB1482), which permits annual increases of 5% plus CPI. Compared to surrounding rent-stabilized buildings, this gives the property a long-term income growth advantage.

Recent capital improvements include a new roof and copper plumbing, and the property is well maintained with ample on-grade parking. Each unit benefits from generous natural light and layouts that lend themselves well to modern renovations. With market rents in East Hollywood on the rise due to continued demand from nearby healthcare, media, and educational employers, 411 N Kenmore Ave is primed for strategic value-add upgrades.

Positioned minutes from the amenities of Koreatown, Melrose Hill, and Larchmont Village, the property offers walkable access to dining, daily conveniences, and public transit. Its location near multiple major employment hubs, including Hollywood Presbyterian Medical Center and Children’s Hospital LA, further enhances its long-term investment appeal.

411 N Kenmore Ave represents a compelling opportunity to acquire a Los Angeles multifamily asset with attractive fundamentals, existing income, and significant long-term growth potential in a future-facing neighborhood.