1216 North Kenmore Avenue
1216 North Kenmore Avenue
$3,290,000
16
8
7,896
7,896
$417
Sold 8/5/22
Description
Matthews Real Estate Investment Services, as the exclusive listing agent, is pleased to offer the opportunity to acquire 1216 N Kenmore Ave, an eight-unit, "turn-key" apartment community situated in an Opportunity Zone in the Little Armenia neighborhood of East Hollywood. The property has been completely remodeled and modernized to bring back all the charm and characteristics of this authentic Hollywood property. Approach this gated and secured property that leads to a beautiful landscaped and sculptured...Matthews Real Estate Investment Services, as the exclusive listing agent, is pleased to offer the opportunity to acquire 1216 N Kenmore Ave, an eight-unit, "turn-key" apartment community situated in an Opportunity Zone in the Little Armenia neighborhood of East Hollywood. The property has been completely remodeled and modernized to bring back all the charm and characteristics of this authentic Hollywood property. Approach this gated and secured property that leads to a beautiful landscaped and sculptured entryway, and into a bright renovated main entry hall with reclaimed wood and art accents. The units feature spacious open floor plans with restored hardwood floors, stainless steel appliances, granite countertops, and upgraded bathrooms. Additionally, each unit has in-unit washer/dryer, split AC & heating system, tankless water, and select units with private balconies. Best of all, there is a roof-top deck for all tenants to enjoy with views of the Hollywood sign, Griffith Observatory, and Downtown LA. This represents a unique opportunity to acquire a pride of ownership property in a great neighborhood of East Hollywood. With this rare buying opportunity, a new owner will have the opportunity to capture over 10% in rental upside, enjoy strong cash flow year one, and take advantage of the Opportunity Zone that can offer powerful tax incentives to investors.
- Listed by Kamfar Kyle Mirrafati • DRE #01911204 • Brokerage DRE #01469842 • Matthews Real Estate Investment Services
Property Details for 1216 North Kenmore Avenue
Zoning
LARD1.5
Parcel Number5540011003
Total Units8.0
Living Area7896
Source Living AreaVendor Enhanced
AreaHollywood (C20)
Vacancy Rate2
Lot Size Area9110
Location
LISTING UPDATED: 08/08/2022 01:48 PM
Property Details for 1216 North Kenmore Avenue
Status | Sold |
---|---|
MLS # | 22-161125 |
Days on Market | 20 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1927 |
Lot Size | 0.21 AC / 9,110 SF |
County | Los Angeles County |
Location
Building Information for 1216 North Kenmore Avenue
Stories2Residences-Year Built1927Building Size-Lot Size0.21 AC / 9,110 SF
Payment Calculator
$21,354 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1216 North Kenmore Avenue
Property History for 1216 North Kenmore Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1216 North Kenmore Avenue
Taxable ValueLand$2,400,000Additions$890,000Total$3,290,000
Tax Record2023$40,788 ($3,399 / month)
Home Facts
Total Finished SqFt7,896 SqFtAbove Grade Finished SqFt7,896 SqFtLot Size9,110 SqFtStyleMulti-Family Res (5+ Units)Year Built1927ZoningLARD1.5CountyLOS ANGELESAPN5540-011-003
Schools near 1216 North Kenmore Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Ramona Elementary School PublicK to 6 | ||
Joseph Le Conte Middle School Public6 to 8 | ||
Helen Bernstein High School Public9 to 12 | ||
STEM Academy at Bernstein High Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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