132 South Kenmore Avenue

Los Angeles, CA 90004

$1,752,000
Price
12
Beds
4
Baths
6,844 Sq. Ft.
$256 / Sq. Ft.
6,844
Sq. Ft.
$256
per Sq. Ft.

Description

CLOSE TO 7% CURRENT CAP RATE that comes with 50% VACANCY and is ONLY $255/SF, Large 1,700 SF per unit, 4 plex with Original 3 Bed 2 Bath Each! A truly exceptional investment opportunity in the heart of Los Angeles! This rare gem is a stunning 4-unit property showcasing the timeless beauty of Spanish Colonial architecture. Nestled in the vibrant Koreatown, close to Hollywood and Larchmont Village, this unique complex boasts a remarkable 6,844 square feet of living space on a generous 7,000 square...CLOSE TO 7% CURRENT CAP RATE that comes with 50% VACANCY and is ONLY $255/SF, Large 1,700 SF per unit, 4 plex with Original 3 Bed 2 Bath Each! A truly exceptional investment opportunity in the heart of Los Angeles! This rare gem is a stunning 4-unit property showcasing the timeless beauty of Spanish Colonial architecture. Nestled in the vibrant Koreatown, close to Hollywood and Larchmont Village, this unique complex boasts a remarkable 6,844 square feet of living space on a generous 7,000 square feet lot. It is very rare to find a 4-unit complex in this size, each unit featuring a spacious 3 bedrooms and 2 bathrooms, with approximately 1,700 square feet of luxurious living space. Perched on a picturesque street, perfect for a leisurely stroll, this property creates an idyllic setting that attracts tenants seeking a charming and comfortable neighborhood. Additionally, it is conveniently located just a blocks from the Vermont/Beverly Metro station, with close proximity to bus stops along Beverly and Temple. Easy access to the Freeways adds to the accessibility and allure of this extraordinary investment. All the architectural details of the Spanish Colonial style are present, creating a unique and appreciated aesthetic that adds to the overall appeal of this rare gem.
  1. Listed by Vinnie Park • DRE #02015848 • Brokerage DRE #01458187 • Keller Williams Larchmont

Property Details for 132 South Kenmore Avenue

Zoning
LAR3
Parcel Number
5518020017
Total Units
4.0
Living Area
6844
Source Living Area
Vendor Enhanced
Area
Mid-Wilshire (C17)
Vacancy Rate
50%
Lot Size Area
7002

Location

Listing Courtesy of Keller Williams Larchmont, Vinnie Park, DRE #02015848
Add your commute
LISTING UPDATED: 05/17/2024 12:01 AM

Property Details for 132 South Kenmore Avenue

StatusActive
MLS #24-390236
Days on Market15
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1925
Lot Size0.16 AC / 7,002 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Larchmont, Vinnie Park, DRE #02015848
Add your commute

Building Information for 132 South Kenmore Avenue

Stories-Residences-Year Built1925Building Size-Lot Size0.16 AC / 7,002 SF

Payment Calculator

$10,957 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,561

Property Taxes

$1,396

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 132 South Kenmore Avenue

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: 3 Bedrooms
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $148,800
  • Net Operating Income: $115,837.00
  • Gross Income: $148,800
  • Cap Rate: 6.60%
  • Gross Rent Multiplier: $11.77
  • Total Annual Expense: 32963
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1607
  • Lot Size Square Feet: 7002
Parking Details
Parking Details
  • Parking Garage: Assigned
  • Total Parking: 0
  • Parking Features: Assigned
Interior Features
Interior Features
  • Levels: Two
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall Unit(s), Wall/Window
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Refrigerator, Range/Oven
  • Common Walls: Attached
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 05-10-2024
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,600.00
  • Unit Actual Rent: $2,600.00
  • Unit Projected Rent: $3,600.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,600.00
  • Unit Actual Rent: $2,600.00
  • Unit Projected Rent: $3,600.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,600.00
  • Unit Actual Rent: $3,600.00
  • Unit Projected Rent: $3,600.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,600.00
  • Unit Actual Rent: $3,600.00
  • Unit Projected Rent: $3,600.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $327,000.00
  • Assessed Improvement Percent: 24.64
  • Assessed Land Value: $1,000,000.00
  • Assessed Land Percent: 75.36
  • Assessed Total Value: $1,327,000.00

Property History for 132 South Kenmore Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 132 South Kenmore Avenue

Taxable ValueLand$1,000,000Additions$327,000Total$1,327,000
Tax Record2023$16,755 ($1,396 / month)
Home Facts
Total Finished SqFt6,844 SqFtAbove Grade Finished SqFt6,844 SqFtLot Size7,000 SqFtStyleQuadraplexYear Built1925ZoningLAR3CountyLOS ANGELESAPN5518-020-017

Schools near 132 South Kenmore Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Frank Del Olmo Elementary School
PublicK to 5

Virgil Middle School
Public6 to 8

Academic Leadership Community School
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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132 South Kenmore Avenue is a multi-family home for sale in Los Angeles, CA 90004. This property was listed for sale on May 9, 2024 by Keller Williams Larchmont, it's currently listed at $1,752,000. It has been on the market for a total of 15 days and was last sold on December 30, 2022. This listing's school district is Los Angeles Unified School District. Nearby schools include Frank Del Olmo Elementary School, Virgil Middle School and Contreras Learning Center-School Of Social Justice. 132 South Kenmore Avenue is a 12-bed, 4-bath, 6,844 sqft multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Larchmont, Vinnie Park, DRE #02015848

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.