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100 N Kenmore Ave
Los Angeles, CA 90004
Chateau Apartments & Adjacent Parking Lot · Multifamily Property For Sale
·
34 Units


Investment Highlights
- Part of a 5 building portfolio with a total of 210 units available separately or in conjunction with other properties
- Includes detached garages plus additional on-site parking (112 N Kenmore Ave)
- Clear value-add profile with opportunities to increase rents, modernize interiors, and capitalize on excess land
- Kenmore is 34-unit multifamily asset constructed in 1923 with enduring architectural character
- Positioned in a desirable residential enclave near Hancock Park and adjacent to Koreatown
Executive Summary
Part of a 5 building portfolio with a total of 210 units available separately or in conjunction with the other properties. For Kenmore, purchase price includes adjacent parking lot with separate APN. Jonathan Taksa and Rob Renshaw are pleased to present 100 & 112 N Kenmore Ave, a 34-unit apartment building constructed in 1923, plus an additional adjacent parcel, located in the highly desirable Hancock Park / Koreatown area of Los Angeles. The property reflects classic early 20th-century architecture and offers a well-scaled residential footprint within a strong neighborhood setting. The units average approximately 540 square feet and are primarily studios designed to serve the area’s deep renter pool. The building is complemented by detached garages and a separate parcel currently utilized for parking (112 N Kenmore Ave), providing functional on-site parking in a submarket where it is increasingly valuable.
The property is situated in a highly attractive residential pocket known for its tree-lined streets, proximity to Hancock Park, and immediate access to the amenities of Koreatown and Larchmont Village. The neighborhood offers a balanced mix of established residential character and urban convenience. Residents benefit from excellent connectivity, with nearby Metro rail stations and major thoroughfares providing efficient access to Downtown Los Angeles, Hollywood, Mid-Wilshire, and
surrounding employment centers. The area is also supported by a wide range of dining, retail, and cultural destinations, along with nearby open space including Robert L. Burns Park and larger regional parks within a short drive.
From an investment perspective, 100 & 112 N Kenmore Ave presents meaningful rental upside potential through strategic unit improvements and operational enhancements. The separate parking parcel creates additional optionality, including the ability to optimize parking revenue or explore future redevelopment opportunities consistent with zoning and market demand. With its central location, strong residential setting, and clear pathways for value creation, the property offers both stable in-place income and long-term development potential in one of Los Angeles’ most supply- constrained rental markets.
The property is situated in a highly attractive residential pocket known for its tree-lined streets, proximity to Hancock Park, and immediate access to the amenities of Koreatown and Larchmont Village. The neighborhood offers a balanced mix of established residential character and urban convenience. Residents benefit from excellent connectivity, with nearby Metro rail stations and major thoroughfares providing efficient access to Downtown Los Angeles, Hollywood, Mid-Wilshire, and
surrounding employment centers. The area is also supported by a wide range of dining, retail, and cultural destinations, along with nearby open space including Robert L. Burns Park and larger regional parks within a short drive.
From an investment perspective, 100 & 112 N Kenmore Ave presents meaningful rental upside potential through strategic unit improvements and operational enhancements. The separate parking parcel creates additional optionality, including the ability to optimize parking revenue or explore future redevelopment opportunities consistent with zoning and market demand. With its central location, strong residential setting, and clear pathways for value creation, the property offers both stable in-place income and long-term development potential in one of Los Angeles’ most supply- constrained rental markets.
Property Facts
| Price Per Unit | $132,353 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.35 AC |
| Gross Rent Multiplier | 10.2 | Building Size | 18,576 SF |
| No. Units | 34 | Average Occupancy | 85% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1923 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | LAR3 | ||
| Price Per Unit | $132,353 |
| Sale Type | Investment |
| Gross Rent Multiplier | 10.2 |
| No. Units | 34 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.35 AC |
| Building Size | 18,576 SF |
| Average Occupancy | 85% |
| No. Stories | 2 |
| Year Built | 1923 |
| Opportunity Zone |
Yes |
| Zoning | LAR3 |
Amenities
Unit Amenities
- Cable Ready
- Heating
- Kitchen
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 34 | - | 400 - 560 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,131,139 | |
| Land Assessment | $3,231,058 | Total Assessment | $4,362,197 |
Property Taxes
Parcel Numbers
Land Assessment
$3,231,058
Improvements Assessment
$1,131,139
Total Assessment
$4,362,197
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