542 Kenmore Avenue
Los Angeles, CA 90004
Sold
542 Kenmore Avenue
Los Angeles, CA 90004
Sold
Attention investors and developers! An extraordinary investment opportunity awaits in the heart of Los Angeles at 542-544 N. Kenmore Ave. This property boasts a compelling location in the hot Mid-Wishire district. The property has been in use as a rehabilitation facility for two decades but is ready to be developed or returned to its original glory: 4 large 2BR 1BA classic 1920 apartments w/ hardwood floors, high ceilings, etc., plus a 4-bedroom guest/rental unit in the rear building. The bones are there, but the building will need substantial renovations for this use. Alternatively, develop the property into five-story 15+ unit building, like several others in the neighborhood. Close to freeways and subways, it's an easy commute to DTLA and the Valleys, and just a ten minute walk to LA City College. Our walkable neighborhood is one of the most dynamic and diverse in the US, with a full range of retail and multi-cultural food options close by: Korean BBQ's, cafes, and on-trend restaurants - more are arriving every day. Authenticity and vitality are the keys to this neighborhood; they combine to make this location increasingly sought after by the young creatives pouring in to Los Angeles. Transportation options are critical to your future residents and they are abundant: we are 7 blocks from the Vermont/Beverly Metro station; and close to bus arteries along Beverly and Temple. We also have easy access to the Hollywood Freeway. And yet our street is quiet. Our block has one of the widest streets in the Mid-Wilshire district, creating an almost park-like setting that encourages neighborhood walks and means abundant convenient street parking. We note: the photos are current and show the current institutional use. The property will be delivered vacant and ready for whatever option you choose. Drive by only! DO NOT disturb residents. Please contact the agent for appointment showings.
PROPERTY INFORMATION
MLS # | 24350471 | Lot Size | 9,603 Sq. Ft. |
HOA Fees | $0/Monthly | Property Type | N/A |
Price | $ 2,500,000
Price Per SqFt: $ 381 |
DOM | 496 Days |
Address | 542 Kenmore Avenue | Type | Residential Income |
City | Los Angeles | Sq.Ft. | 6,563 Sq. Ft. |
Postal Code | 90004 | Garage | N/A |
County | Los Angeles | Year Built | 1922 |
Bed / Bath | 12 / 0 | Parking | N/A |
Built In | 1922 | Status | Closed |
Sold Date | 2024-07-09 |
INTERIOR FEATURES
Has Laundry | Yes |
Laundry Information | Washer Included, Dryer Included, Outside |
Has Appliances | Yes |
Kitchen Appliances | Microwave, Refrigerator |
Has Heating | Yes |
Heating Information | Central |
Has Cooling | No |
Cooling Information | None |
Flooring Information | Wood |
InteriorFeatures Information | Ceiling Fan(s) |
Entry Level | 1 |
WindowFeatures | Drapes |
SecuritySafety | Automatic Gate, Fire and Smoke Detection System, Gated Community |
EXTERIOR FEATURES
Has Sprinklers | No |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $2,667
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
Date | Event | Price |
01/23/2024 | Listed | $2,500,000 |

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Listing provided courtesy of Michael O'Reilly, Beverly and Company, 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.