101 S Kenmore Ave | Los Angeles, CA 90004
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- LoopNet Team
101 S Kenmore Ave
Los Angeles, CA 90004
Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- Available at an attractive in-place Cap Rate of 6.60%, with rental upside of 20% +/-!
- Walk score of 87! Terrific location between Koreatown, Silver Lake, and Hancock Park!
- Units are individually metered for utilities, with onsite laundry available.
- A Buyer can rely on steady current cashflow while implementing a value-add strategy via turning units.
- Very large one bedroom units averaging 975 square feet each (Buyer to verify)
- The electric system is already upgraded!
PROPERTY FACTS
| No. Units | 8 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 7,806 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1925 |
| Building Class | C | ||
| Zoning | R3, Los Angeles - Multiple Dwelling R2 Uses, Apartment Houses, Multiple Dwellings, Child Care (20 max) | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 7,806 SF |
| No. Stories | 2 |
| Year Built | 1925 |
| Zoning | R3, Los Angeles - Multiple Dwelling R2 Uses, Apartment Houses, Multiple Dwellings, Child Care (20 max) |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
PROPERTY TAXES
| Parcel Number | 5518-015-010 | Improvements Assessment | $277,065 |
| Land Assessment | $886,621 | Total Assessment | $1,163,686 |
PROPERTY TAXES
Parcel Number
5518-015-010
Land Assessment
$886,621
Improvements Assessment
$277,065
Total Assessment
$1,163,686
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