
Closed Listing
411 N Kenmore Avenue
411 n kenmore ave
sold in
Koreatown
Sold At
$
3,110,000
8
Number of Units
1989
Year Built
7,376
SF
Square Footage
6,930
SF
Lot Size
LAR3
Zoning
411 N Kenmore Ave, Los Angeles, CA 90004
About the Property
411 N Kenmore Ave, an eight-unit multifamily property, conveniently located near some of Los Angeles' hottest rental markets such as Koreatown and East Hollywood. Residing in an Opportunity Zone, the subject property is one block north of Beverly Boulevard and conveniently located near a wide selection of shopping centers, small businesses and fast-casual restaurants.The 7,376 SF three-story building is comprised of (8) two-bedroom and two bath units. Two units can be delivered vacant upon close of escrow. Constructed in 1989, 411 N. Kenmore is subject to AB1482, which allows an investor to raise rents by 5% + CPI annually. The well-maintained property features a new roof, copper plumbing and ample on-grade parking.With a favorable unit mix and located in an Opportunity Zone, 411 N. Kenmore presents investors with the opportunity to purchase an asset with incredible promise in an ever-growing submarket.
8
Number of Units
1989
Year Built
7,376
SF
Square Footage
6,930
SF
Lot Size
LAR3
Zoning
Detailed Brochure on Real Estate Opportunities
Price P/ Unit
$392,000
Price p/ Sq. ft.
$422
Proforma Cap Rate
5.16%




Contact
Sales agent
Related Listings
MEET THE TEAM