233 Kenmore Ave, Los Angeles, CA 90004

30 Unit Apartment Building | $3,800,000 ($126,667/Unit) | 4.89% Cap Rate | Los Angeles, CA 90004

Asking Price $3,800,000

Property Type
Multifamily
Square Feet
17,052 SF

Listing Contacts

Brent Sprenkle
Brent Sprenkle
Parker Boehle
Parker Boehle
Alex Peterson
Alex Peterson

Property Overview

Kenmore Apartments is a 30-unit apartment community located in Koreatown. Situated on a prime location at 3rd and Normandie, the Kenmore Apartments is currently being offered at an impressive $127K cost per unit and 8.45 GRM on existing income with upside! Built in 1925, the Kenmore Apartments is a low-rise style charming building offering (30) Studio/One-Bathroom units.

Property Details

Class
C
Year Built
1925
Stories
3
Lot Size (sq. ft)
8,276 SF
Units
30

Highlights

  • 8.45 GRM on Current Income with Upside
  • Prime Location at 3rd and Normandie
  • Charming Building with Many Upgrades
  • Excellent Long Term Potential

FAQ

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