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144 S Kenmore Avenue, Los Angeles, CA 90004
$1,360,000
144 S Kenmore Avenue, Los Angeles, CA 90004View this property at 144 S Kenmore Avenue, Los Angeles, CA 90004
144 S Kenmore AvenueLos AngelesCA90004
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Property Description
BACK ON MARKET! POTENTIAL TO BUILD 2 ADU'S! 144 S Kenmore Ave is a 75% vacant fourplex in the trendy neighborhood of Koreatown/Mid-Wilshire (opportunity zone)- A MAJOR VALUE ADD PLAY!!! This architecturally impressive, 1920's gem is ready to undergo a renovation and get massive rents. All four units are ENORMOUS, feature gorgeous historical design elements, and would be perfect candidates for a cosmetic fix and flip (or hold and cash flow!). Additionally, the property is situated on a 7,141 square foot LAR3 lot, making for a potential ADU play in the rear of the lot. Whichever way you look at this deal, the upside is tremendous.
144 S Kenmore is made up of one 1,352 SF 2b/1b (delivered vacant), one 1,010 SF 2b/1b (delivered vacant), one 906 SF 1b/1b (delivered vacant), and one 1,392 SF 2b/1b that is currently leased for $1,424 (open to tenant buyout) and eligible for a rent increase now that Los Angeles rent increases are back as of February 2024.
The following improvements have been made in the recent years: a cool roof in 2015, new exterior painting in 2017, an earthquake retrofit in 2017, a sewer line replacement in 2018, two new water heaters in 2023, and various small electrical updates in 2023. Another great property feature is that all four units have their own laundry rooms. Additionally, there are four carport parking spots and two exterior parking spots on site.
It is rare to find a property in LA where countless tenant buyouts aren't needed- this is the opportunity you've been waiting for. Send in your offers before this is gone! Situated on a peaceful tree-lined street 6 minutes from trendy Virgil Village, 8 minutes from Larchmont Village and 5 minutes from the heart of Koreatown, this property is located in an area that is highly appealing to renters.
Full Property Details
Full Property Details for 144 S Kenmore Ave
General
- Sold For: $1,360,000
- Status: Closed
- Type: Multi-Family
- MLS ID: BB24035611
- Added to Site: 110 day(s) ago
Interior
- Rooms/Areas: Kitchen, Laundry, Living Room
- Fireplace(s): Living Room
- Appliances: Dishwasher, Gas Oven, Gas Range, Refrigerator
- Flooring: Carpet, Tile, Wood
Rooms
Other Rooms
- Laundry: Dryer Included, Gas Dryer Hookup, Individual Room, Washer Hookup, Washer Included
Additional Information
- Pool Description: None
- Spa Description: None
Location
- Area: C17 - Mid-Wilshire
- County: Los Angeles
- Development Name: C17 - Mid-Wilshire
- Driving Directions: On the corner of 2nd and Kenmore Ave.
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Architectural Style: Spanish
- Entry Location: front
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 4,660
- Year Built: 1923
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Property View: City Lights
- Lot Size (Acres): 0.164
- Lot Size Source: Assessor
- Zoning: LAR3
- Lot Description: Front Yard, Garden, Near Public Transit, Yard
Financial Considerations
- Price Per Sq. Ft.: $291.85
- Price Per Unit: 349750
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
Listed by Myunits.com Inc., Elizabeth Maddox and Myunits.com Inc., Ian Maddox
Sold by The H Realty, Edward Ha
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Schools
Schools serving 144 S Kenmore Ave
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
100 N New Hampshire Ave, Los Angeles, CA 90004 | K-5 | 0.2 mi | |
152 N Vermont Ave, Los Angeles, CA 90004 | 6-8 | 0.3 mi | |
1575 W 2nd St, Los Angeles, CA 90026 | 9-12 | 2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 144 S Kenmore Ave
Date
Details
Price
Change
Source
6/10/2024
Sold
$1,360,000
-2.79%
MLS
4/05/2024
Price Reduced
$1,399,000
-6.67%
MLS
2/29/2024
Listed
$1,499,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
144 S Kenmore Avenue, Los Angeles, CA 90004 (MLS# BB24035611) is a Multi-Family property that was sold at $1,360,000 on June 10, 2024. Want to learn more about 144 S Kenmore Avenue? Do you have questions about finding other Multi-Family real estate for sale in Mid-Wilshire? You can browse all Mid-Wilshire real estate or contact a Coldwell Banker agent to request more information.