Los Angeles, CA 90020 520 S Kenmore Avenue
$5,900,000
Presented By: Peter Yoo with Masters Realty & Investment;
Beds • 15
Baths • 24
SQFT • 18,783
Garage • 24
Home Details
UNIT MIX: 1Bed 1Bath x 15. Studio 1Bath X 9. Actual 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.
Presented By: Peter Yoo with Masters Realty & Investment;
Interior Features for 520 S Kenmore Avenue
Bedrooms
Total Bedrooms15
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths24
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories
General for 520 S Kenmore Avenue
Additional Parcels Y/NNo
AppliancesDisposal, Microwave, TrashCompactor
Attached Garage No
Buyer FinancingCash
Cap Rate5.1
Carport Y/NNo
CityLos Angeles
Community FeaturesGated
CountyLos Angeles
Days on Market54
Directions520 S. Kenmore Ave, West of Vermont
Entry LocationGround Level - no steps
Full Baths
Garage Spaces24.0
Garage Y/NYes
Gross Income404400.0
HeatingWallFurnace
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsMultiSplit
Lot Size Square Feet9817.0
Lot Size UnitsSquareFeet
MLS AreaC17 - Mid-Wilshire
MobileHomeRemainsYNNo
Net Operating Income301400.0
New ConstructionNo
Number of Units Leased24
NumberOfUnitsTotal24
Pool FeaturesNone
PossessionCloseOfEscrow
Private PoolNo
Property ConditionUpdatedRemodeled
Property TypeResidentialIncome
Rent Control Y/NYes
Security FeaturesCarbonMonoxideDetectors, SecurityGate, GatedCommunity
Senior Community Y/NNo
SewerOther
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tenant PaysElectricity, Gas
View Y/NNo
Virtual TourClick here
Waterfront Y/NNo
Year Built1961
ZoningLAR4
Exterior for 520 S Kenmore Avenue
Building Area Total18783.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.2254
Lot Size Area9817.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesControlledEntrance, Covered, ElectricGate, SideBySide
SpaNo
Total Parking24.0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480