100 N Kenmore Ave - Apartments FOR SALE


Los Angeles, CA 90004- Koreatown
$4,500,000 USD
310-968-5303
100 N Kenmore Ave, Los Angeles, CA for Sale
$4,500,000 USD
Apartments - FOR SALE
1/30
null | Request Cap Rate

100 N Kenmore Ave
Los Angeles, CA 90004
Koreatown


HIGHLIGHTS

  • Part of a 5 building portfolio with a total of 210 units available separately or in conjunction with other properties
  • Kenmore is 34-unit multifamily asset constructed in 1923 with enduring architectural character
  • Includes detached garages plus additional on-site parking (112 N Kenmore Ave)
  • Positioned in a desirable residential enclave near Hancock Park and adjacent to Koreatown
  • Clear value-add profile with opportunities to increase rents, modernize interiors, and capitalize on excess land

OVERVIEW

Part of a 5 building portfolio with a total of 210 units available separately or in conjunction with the other properties. For Kenmore, purchase price includes adjacent parking lot with separate APN. Jonathan Taksa and Rob Renshaw are pleased to present 100 & 112 N Kenmore Ave, a 34-unit apartment building constructed in 1923, plus an additional adjacent parcel, located in the highly desirable Hancock Park / Koreatown area of Los Angeles. The property reflects classic early 20th-century architecture and offers a well-scaled residential footprint within a strong neighborhood setting. The units average approximately 540 square feet and are primarily studios designed to serve the area’s deep renter pool. The building is complemented by detached garages and a separate parcel currently utilized for parking (112 N Kenmore Ave), providing functional on-site parking in a submarket where it is increasingly valuable. The property is situated in a highly attractive residential pocket known for its tree-lined streets, proximity to Hancock Park, and immediate access to the amenities of Koreatown and Larchmont Village. The neighborhood offers a balanced mix of established residential character and urban convenience. Residents benefit from excellent connectivity, with nearby Metro rail stations and major thoroughfares providing efficient access to Downtown Los Angeles, Hollywood, Mid-Wilshire, and surrounding employment centers. The area is also supported by a wide range of dining, retail, and cultural destinations, along with nearby open space including Robert L. Burns Park and larger regional parks within a short drive. From an investment perspective, 100 & 112 N Kenmore Ave presents meaningful rental upside potential through strategic unit improvements and operational enhancements. The separate parking parcel creates additional optionality, including the ability to optimize parking revenue or explore future redevelopment opportunities consistent with zoning and market demand. With its central location, strong residential setting, and clear pathways for value creation, the property offers both stable in-place income and long-term development potential in one of Los Angeles’ most supply- constrained rental markets.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$242 USD /SF

# OF UNITS

34

PRICE/UNIT

$132,353

CAP RATE

Request Cap Rate

% LEASED

85%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chateau Apartments & Adjacent Parking Lot

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1923

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,368 SF

ZONING

LAR3

APN/PARCEL ID

5518-019-008,5518-019-009

ASK ABOUT THIS PROPERTY

Jonathan TaksaRE/MAX Commercial & Investment RealtyMore Info
310-968-5303

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Jonathan TaksaRE/MAX Commercial & Investment RealtyMore Info
310-968-5303

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.