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251 N Kenmore Ave, Los Angeles, CA, 90004

12beds
6baths
6,852sqft
$1,995,000
$291price/sqft
$13,139/moest. monthly cost
$525,560/yrincome needed

About This Home

Exceptional Investment Opportunity! Welcome to 251 N. Kenmore, a gorgeous and "emotional" pride-of-ownership building in the heart of Koreatown. This architecturally charming, gated 6-unit property offers a rare 5.2% CAP rate and an 11.4 GRM, making it a standout for the savvy investor. Each of the six renovated 2-bedroom, 1-bathroom units features a spacious single-level floor plan with the added privacy of both front and back doors. The interiors are flooded with natural light, boasting soaring 9' ceilings and rich wood flooring throughout. Every unit has been thoughtfully updated with modern kitchens featuring granite countertops and renovated baths. Residents enjoy the ultimate convenience of private laundry rooms with washers/dryers and the year-round comfort of central heating and air conditioning. Some units offer stunning views of the Hollywood Hills and the Downtown Los Angeles skyline. This building experiences almost zero vacancy due to the high desirability of the units and its prime location on an exquisite tree-lined street. The property includes 10 gated parking spaces (5 covered, 5 uncovered). Situated near major employment centers and a world-class array of culinary, entertainment, and cultural destinations, this is a turnkey, high-yield asset in one of LA's most vibrant neighborhoods. Don't miss this fabulous opportunity to own a property where the financial performance is as beautiful as the architecture itself.

Getting Around

88
WalkingVery Walkable
68
TransitGood Transit
57
BikeBikeable

Schools

7/10
Virgil Middle SchoolGrades 6-80.4 mi
3/10

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1926

Materials

  • Foundation: Raised
  • Roof: Composition
  • Construction materials: Stucco,Wood Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Mediterranean
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Range Hood,Range,Dishwasher,Dryer,Washer,Disposal,Exhaust Fan,Range/Oven,Refrigerator,Gas Water Heater
  • Laundry features: In Unit,Laundry Room,Laundry - Closet Stacked

Bathroom

  • Features: Remodeled,Shower Over Tub,Granite

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 12
  • Bathrooms: 6

Features

  • High Ceilings,Intercom
  • Flooring: Laminate,Ceramic Tile
  • Fireplace features: None

Heating & Cooling

  • Heating features: Central
  • Cooling features: Air Conditioning,Central Air

Interior Area

  • Total structure area: 6,852
  • Total interior livable area: 6,852 sqft

Kitchen

  • Features: Bar,Remodeled

Property

Details

  • Parcel number: 5518017018
  • Zoning: LAR3
  • Special condition: Standard
  • Other equipment: Satellite Dish

Features

  • Levels: One,Three Or More
  • Stories: 4
  • Entry location: Living Room
  • Pool features: None
  • Patio & porch: None
  • Spa features: None
  • Fencing: Fenced,Gate
  • Has view: Yes
  • View description: Mountain(s),City
  • Waterfront features: None

Lot

  • Lot size: 7,631 sqft
  • Features: Street Lighting,Sidewalks,Rectangular Lot

Parking

  • Total spaces: 10
  • Parking features: Gated,Detached Carport,Covered,Driveway,Open
  • Covered spaces: 5
  • Has uncovered spaces: Yes
  • Uncovered spaces: 5
  • Carport: Yes