1200-1210 N Kenmore Ave - Apartments FOR SALE


Los Angeles, CA 90029- Little Armenia
$1,399,000 USD
818-534-4451
1200-1210 N Kenmore Ave, Los Angeles, CA for Sale
$1,399,000 USD
Apartments - FOR SALE
1/31
null | 5.7% Cap Rate

1200-1210 N Kenmore Ave
Los Angeles, CA 90029
Little Armenia


HIGHLIGHTS

  • Excellent Location with Private Garage Parking and ample street parking
  • Situated on a Corner property between Kenmore Ave and Lexington
  • On Time Paying Tenants
  • Recent Improvements: Updated Units; In-Unit Washer and Dryer Hookups; New Water Heaters
  • Property consists of 2 buildings

OVERVIEW

Welcome to 1200 N. Kenmore Ave, a well-maintained six-unit multifamily property offering a prime investment opportunity in the heart of East Hollywood. This two-story gated building spans 5,128 sq. ft. on a generous 7,000 sq. ft. lot, featuring 2 - 2 bedrooms, 2 – 1 bedroom and 2 studios and 6 bathrooms in total. All six units are currently leased to long-term tenants who consistently pay on time and maintain a positive tenancy record. The property is in good condition with updated units, minimizing maintenance concerns for the next owner. Additional highlights include garage and carport parking for up to 8 vehicles, a valuable amenity in this high-demand urban neighborhood. Built in 1946, the property offers a solid structure with modernized interiors that support both stability and growth potential. Ideally situated near schools, shops, restaurants, and just minutes from the Metro B Line, this property provides tenants with convenience and accessibility while offering investors steady cash flow and strong appreciation potential. Perfect for investors seeking a turnkey, fully occupied property with dependable tenants and minimal headaches.

FOR SALE DETAILS

PRICE

$1,399,000 USD

PRICE/SF

$261 USD /SF

# OF UNITS

6

PRICE/UNIT

$233,167

CAP RATE

5.7%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1946

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,000 SF

ZONING

RD1.5-1XL

APN/PARCEL ID

5540-011-004

ASK ABOUT THIS PROPERTY

Gary KeshishyanPinnacle Estate Properties, Inc.More Info
818-534-4451

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Gary KeshishyanPinnacle Estate Properties, Inc.More Info
818-534-4451

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