3021 Kenwood Avenue, Los Angeles, CA 90007
Property · 2 recorded sales since 2017
Sold July 2021
Listing Agent: Davis Saadian (DRE #01921748) · Listing Office: Keller Williams Beverly Hills · Contact: 310-432-6400 · Bought with: Mee Mertz · Kairos Realty · MLS #21746514 · Source: CRMLS
About this property
We are pleased to offer the opportunity to acquire this four (4) unit, multifamily investment opportunity, located in the DPS Patrol Zone, and blocks to the University of Southern California (USC). The subject property is constructed of wood frame and stucco, built in 1914, with approximately 3,888 rentable square feet on a 6,434 square foot lot. The investment is comprised of one structure, and has a vacant large shed/ garage towards the back of the lot - this is an excellent opportunity to construct an ADU and further increase cash flow. (Buyer to verify).The unit mix consists of four (4) spacious 1-bedroom +1-bathroom units, just under 1,000 sqft each. The Property is 75% occupied, one (1) unit will be delivered vacant, and cash flows extremely well at about $7,211/month fully occupied. The property offers residents a highly desirable location blocks to the USC campus & University Village, providing easy access to all of USCs landmarks, academic buildings, and entertainment options.
Listing description from the July 2021 sale, as reported to CRMLS.
Sale history
