Listing provided courtesy of High Equity Real Estate Service, Inc.- MLS# 24-408191
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Request Info520 S Kenmore AveLos Angeles, CA 90020
Multi-Family · 15 Beds · 18,783 Sq. ft. | 0.23 Acres$5,900,000
Active
520 S Kenmore Ave Overview
- Time on Site:
- 732 days
- Visits:
- 1
UNIT MIX: 1Bed 1Bath x 15. Studio 1Bath X 9. Actual current monthly income: $34,808.74. Annual $417,696.00 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.
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520 S Kenmore Ave Facts & Features
- Type Multi-Family
- Sq. ft. 18,783
- Price/Sq.ft. $314
- Lot 0.23 Acres
Details
General
Association/HOA
- Association Amenities: Elevator
Income/Expenses
- Gross Income: 417696
- Gross Scheduled Income: 417696.00
- Net Operating Income: 301400.00
Building Information
- Year Built: 1961
Location/Region
- Country: US
- County Or Parish: Los Angeles
- MLS Area Major: Mid-Wilshire
Community/Development
- Community Features: Community Mailbox
Rent/Lease Information
- Tenant Pays: Gas, Electricity
Tax Information
- Tax Assessed Value: 3101740
General Information
- Disclosures: None
- Property Condition: Updated/Remodeled
- Property Type: Residential Income
- Rent Control: True
- Zoning: LAR4
Interior
Parking Information
- Garage Spaces: 24
Beds/Baths
- Bathrooms Total: 24.00
- Bedrooms Total: 15
General Information
- Common Walls: Attached
- Cooling: Wall Unit(s)
- Entry Location: Ground Level - no steps
- Heating: Wall
- Levels: Multi/Split
- Living Area: 18783
- Living Area Source: Vendor Enhanced
- Security Features: Automatic Gate, Carbon Monoxide Detector(s), Gated
- Spa Features: None
- Spa: False
- Stories: 0
Exterior
Parking Information
- Parking Total: 24
Lot Information
- Additional Parcels Description: False
- Lot Size Acres: 0.2254
- Lot Size Area: 9817
- Lot Size Source: Vendor Enhanced
- Number Of Buildings: 1
Building Exterior/Construction
- Roof: Flat
General Information
- Covered Spaces: 24
- Number Of Units Leased: 24
- Number Of Units Total: 24
- Other Structures: None
- Pool Features: None
- Pool Private: False
- Sewer: Other
520 S Kenmore Ave Neighborhood
Community
90020 (Los Angeles) Demographics
36
Median Age
34,828
Population Density (per sq. mile)
50%
College Educated
$50,207
Estimated Median Income
1,599
Estimated Total Home Owners
15,465
Estimated Total Renters
9% / 91%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.520 S Kenmore Ave Monthly Cost
520 S Kenmore Ave Market Data
Based on the last 30 days in this zip code
$1,752,810
Average List Price
$955
Average Price per Square Foot
6
Properties Sold
78
Average Days on Market
186
Properties for Sale
520 S Kenmore Ave History
| Date | Value | Agent |
|---|---|---|
| 6/27/2024Source: CRMLS | June 27, 2024 |
|
| 6/27/2024Source: TheMLS (CLAW) | June 27, 2024 |