2610 Kenwood Avenue
2610 Kenwood Avenue
$3,895,000
12
12
7,012
7,012
$555
Description
2610 Kenwood is a fully renovated apartment building, inside and out. Some of the upgrades include a new roof, new windows, new copper plumbing, and new electrical system. Due to the true in-place cap rate of 5.98%, the property is eligible for attractive financing at 65% Loan-to-Value (LTV), requiring only 35% down payment. This allows investors a lower cost of entry than most other apartment buildings in Los Angeles. Centrally located in the dense rental markets of Mid City, Koreatown and Pico-Union,...2610 Kenwood is a fully renovated apartment building, inside and out. Some of the upgrades include a new roof, new windows, new copper plumbing, and new electrical system. Due to the true in-place cap rate of 5.98%, the property is eligible for attractive financing at 65% Loan-to-Value (LTV), requiring only 35% down payment. This allows investors a lower cost of entry than most other apartment buildings in Los Angeles. Centrally located in the dense rental markets of Mid City, Koreatown and Pico-Union, this fully renovated building stands as a prime turn key asset for investors looking to secure stable cash flow and a less management intensive property. The building is fully occupied, so PLEASE DO NOT DISTURB THE TENANTS!
- Listed by Chase Simonton • DRE #01766871 • Brokerage DRE #00590104 • RE/MAX One
Property Details for 2610 Kenwood Avenue
Zoning
LAC1
Parcel Number5054010002
Total Units12.0
Living Area7012
Source Living AreaVendor Enhanced
AreaMid Los Angeles (C16)
Vacancy Rate0
Lot Size Area10714
Location
LISTING UPDATED: 04/04/2024 12:01 AM
Property Details for 2610 Kenwood Avenue
Status | Active |
---|---|
MLS # | 24-373541 |
Days on Market | 34 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1924 |
Lot Size | 0.25 AC / 10,714 SF |
County | Los Angeles County |
Location
Building Information for 2610 Kenwood Avenue
Stories-Residences-Year Built1924Building Size-Lot Size0.25 AC / 10,714 SF
Payment Calculator
$21,782 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2610 Kenwood Avenue
Property History for 2610 Kenwood 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 2610 Kenwood Avenue
Taxable ValueLand$107,418Additions$299,262Total$406,680
Tax Record2023$6,306 ($525 / month)
Home Facts
Total Finished SqFt7,012 SqFtAbove Grade Finished SqFt7,012 SqFtLot Size10,711 SqFtStyleMulti-Family Res (5+ Units)Year Built1924ZoningLAC1CountyLOS ANGELESAPN5054-010-002
Schools near 2610 Kenwood Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | K to 12 | |||
Public - | 9 to 12 | |||
Public - | K to 5 |
Rating | School | Distance |
---|---|---|
Vermont Avenue Elementary School PublicK to 5 | ||
Foshay Learning Center PublicK to 12 | ||
West Adams Preparatory High School Public9 to 12 | ||
South Shores/Csudh Visual And Performing Arts PublicK to 5 |
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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