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417 Kenmore Avenue

Los Angeles, CA 90004

$1,180,000 Sale Price
Est. Payment: $ 0/mo
0
Bed
0
Bath
6,930 Sq. Ft.
$195 / Sq. Ft.
Sold

417 Kenmore Avenue

Los Angeles, CA 90004

Sold
$1,180,000 Sale Price
$0/mo
0
Bed
0
Bath
6,930
Sq. Ft.
PRICE REDUCED! We are pleased to present for sale a R3, TOC Tier 3, development opportunity located within a qualified Opportunity Zone less than half a mile from the Vermont/Beverly Metro station! Located in the highly walkable Mid-Wilshire neighborhood of Los Angeles, this ~6,931 sqft corner lot + Alley offers a developer the opportunity to build 9 units by right or up to 17 units using TOC Incentives. The site may also be a great opportunity for fourplex or small lot subdivision. Lot dimensions are 66 by 105 sqft, situated on a corner lot PLUS an alley = optimal for design efficiency and parking access! Subject property is currently a vacant land, meaning no dealing with rent stabilization (RSO) or tenant relocation + save money on demolition costs! No tenants have been occupying the property/no utility usage for the last 5 years meaning the property should be EXEMPT from the SB 8 low income replacement requirement!!! (Buyer to Verify) The property lies in close proximity to Echo Park, Silver Lake, Koreatown, Downtown LA, and much more! Lots of new development in this immediate pocket. Do not miss this opportunity to build in a high rental demand area close to restaurants, bars, shopping, and transportation. Buyer to verify all zoning information with LADBS. Contact listing agent for more details!
PROPERTY INFORMATION
MLS # 23235265 Lot Size 6,930 Sq. Ft.
HOA Fees $0/Monthly Property Type N/A
Price $ 1,350,000
Price Per SqFt: $ 195
DOM 820 Days
Address 417 Kenmore Avenue Type Land
City Los Angeles Sq.Ft. 6,930 Sq. Ft.
Postal Code 90004 Garage N/A
County Los Angeles Year Built
Bed / Bath 0 / 0 Parking N/A
Built In Status Closed
Sold Date 2023-07-12
INTERIOR FEATURES
EXTERIOR FEATURES
WALKSCORE
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $1,440
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
05/06/2023 Active Under Contract $1,350,000
02/02/2023 Listed $1,425,000
Topfind Realty

Topfind Realty

REALTOR®

(844)-333-8033

Questions? Contact today.

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Listing provided courtesy of Daniel Shamooelian, BRC Advisors- BH. 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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