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15-Bedroom Residential Income - 520 S Kenmore Avenue, Los Angeles, CA

$4,900,000

520 S Kenmore Avenue, Los Angeles, CA

520 S Kenmore Avenue, Los Angeles, CA 90020 - $4,900,000 · 15 bd 24 ba Multi-Family Home for Sale, photo 1 520 S Kenmore Avenue, Los Angeles, CA 90020 - $4,900,000 · 15 bd 24 ba Multi-Family Home for Sale, photo 2
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Description

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.

Property details

Bedrooms
15
Bathrooms
24
Square feet
18,783
Year built
1961
Property type
Residential Income
Lot size
9,817 sqft

Location

520 S Kenmore Avenue • Los Angeles, CA 90020

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Listed by

Peter Yoo · High Equity Real Estate Service, Inc.

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Listing courtesy of High Equity Real Estate Service, Inc.. Information deemed reliable but not guaranteed.

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