This property is Off-Market

570 N. Kenmore
Los Angeles, CA 90004 ·

49 Units · Multifamily For Sale

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Multifamily Property For Sale

Price N/A Cap Rate 6.30%
No. Units 49 Gross Rent Multiplier 7.90
Building Size 35,795 SF Occupancy 96%
Property Type Multifamily No. Stories 5
Property Sub-type Mid/High-Rise Year Built 1926
Property Use Type Investment
Listing ID: 16646409 Date Created: 04/13/2010 Last Updated: 10/04/2010

Description

JUST LISTED!

570 North Kenmore Avenue is a beautifully maintained classic Art Deco style building located in the Mid-Wilshire submarket of Los Angeles in the area commonly known as Koreatown / Wilshire Center.

The property consists of a five-story apartment building with approximately 26,882 square feet of rentable space. The building is constructed with poured-in-place concrete that is steel reinforced. The building was built in 1926 on a lot containing 0.235 acres and zoned LAR3. Utilities are separately metered for electricity and master metered for gas.

The property is located on the southeast corner of Kenmore Avenue and Clinton Street, west of Vermont Avenue and north of Beverly Boulevard. The Hollywood (101) Freeway borders the property to the north and provides quick and easy access to Downtown Los Angeles, the San Fernando Valley, Hollywood and West Hollywood.

Highlights

  • Located on Corner Lot
  • Classic Art Deco Design
  • Well-Maintained Building
  • Quiet Building
  • Fire Safety Sprinkler System
  • Completely Rewired Electrical

Research

570 N. Kenmore, Los Angeles, CA 90004 (Los Angeles County)

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