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144 Kenmore Avenue

Los Angeles, CA 90004

$1,360,000 Sale Price
Est. Payment: $ 0/mo
7
Bed
0
Bath
4,660 Sq. Ft.
$300 / Sq. Ft.
Sold

144 Kenmore Avenue

Los Angeles, CA 90004

Sold
$1,360,000 Sale Price
$0/mo
7
Bed
0
Bath
4,660
Sq. Ft.
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.
PROPERTY INFORMATION
MLS # BB24035611 Lot Size 7,144 Sq. Ft.
HOA Fees $0/Monthly Property Type Quadruplex
Price $ 1,399,000
Price Per SqFt: $ 300
DOM 429 Days
Address 144 Kenmore Avenue Type Residential Income
City Los Angeles Sq.Ft. 4,660 Sq. Ft.
Postal Code 90004 Garage N/A
County Los Angeles Year Built 1923
Bed / Bath 7 / 0 Parking 5
Built In 1923 Status Closed
Sold Date 2024-06-10
INTERIOR FEATURES
Has Laundry Yes
Laundry Information Dryer Included, Gas Dryer Hookup, Individual Room, Washer Hookup, Washer Included
Has Fireplace Yes
Fireplace Information Living Room
Has Appliances Yes
Kitchen Appliances Dishwasher, Gas Oven, Gas Range, Refrigerator
Room Information Kitchen, Laundry, Living Room
Flooring Information Carpet, Tile, Wood
EntryLocation front
Entry Level 1
Has Spa No
SpaDescription None
EXTERIOR FEATURES
Has Pool No
Pool None
WALKSCORE
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $1,492
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
06/10/2024 Sold $1,360,000
04/11/2024 Active Under Contract $1,399,000
04/05/2024 Price Change (Relisted) $1,399,000 (-6.67%)
03/21/2024 Relisted $1,499,000
02/29/2024 Listed $1,499,000
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Topfind Realty

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Listing provided courtesy of Elizabeth Maddox, Myunits.com Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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