525 N Kenmore Avenue, Los Angeles, CA 90004
525 N Kenmore Avenue, Los Angeles, CA 90004
525 N Kenmore Avenue, Los Angeles, CA 90004
525 N Kenmore Avenue, Los Angeles, CA 90004
525 N Kenmore Avenue, Los Angeles, CA 90004
525 N Kenmore Avenue, Los Angeles, CA 90004
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Jazmin Cantley

Jazmin Cantley

+1(619) 887-4194
$ 1,399,000
Est. payment | /mo

8 Beds

4 Baths

10,327 Sqft Lot

Save
$ 1,399,000
Est. payment | /mo
Save

8 Beds

4 Baths

10,327 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID LG26225283

Bedrooms 8

Lot Size 10,327 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Don't miss this incredible investment opportunity in the heart of Los Angeles! This expansive property is made up of three separate buildings with 7 total units, with potential for 10 units. Five of the current units showcase two bedrooms and one full bathroom while two of the units are made up of one bedroom and one bathroom. Nestled in the desirable Mid-Wilshire area, it's located in a Qualified Opportunity Zone (QOZ) potentially offering powerful tax benefits. The exterior charm boasts the spirit of Los Angeles, alongside a full length concrete driveway serving the back garages and parking spaces. This investment is zoned LAR3-1 and is additionally located within a Tier 3 TOC Area, allowing for potential additional development density bonuses due to its proximity to public transportation. Each of the units features its own washer/dryer hookups that are separately metered, Buyer to verify. Additional property features including a recent $50,000+ interior renovation throughout the units. Ideally located in the Mid-Wilshire corridor near freeways, allowing easy access to downtown Los Angeles, LA City College, Dodger Stadium, and nearby hotspots like Los Feliz, Silver Lake, and Hollywood. Buyers to verify all zones and potential tax benefits. Buyers to verify all potential development bonuses and all development potential with the City. Digitally altered conceptual renderings in supplements. Improvements shown are not included in the purchase price.

Location

State CA

County Los Angeles

Zoning Assessor

Direction From the US-101 North, Exit 6A for Vermont Ave, Left onto N Vermont Ave, Right onto Rosewood Ave, and Right onto N Kenmore Ave

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 5520009005

Acceptable Financing Cash, Conventional, Exchange, Seller May Carry

Listing Terms Cash, Conventional, Exchange, Seller May Carry

MLS Router / San Diego MLS
Listed by Suzanne Abolhosseini, DRE#02047620 Innovate Realty, Inc. 
Co-listed byTUSTON SERL • Innovate Realty, Inc.

Nearby Locations

Jazmin Cantley

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(619) 887-4194

jazmin.cantley@joinreal.com

1420 Kettner Blvd # 100, San Diego, CA

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525 N Kenmore Avenue