537 N Kenmore Avenue
Los Angeles, CA 90004
0.24 acres | #GD24184975
Description
Excellent income investment property comprising of four well designed units with one unit recently VACATED. This property is a prime residential income building that seamlessly combines comfort, convenience, and potential for lucrative returns. Capitalize from a solid rental history, showcasing the property's consistent appeal to tenants.
Each unit has its own mailing address, individually metered for gas & electricity, have in-unit laundry hook-ups, a detached 865 SF garage, and assigned surface parking. Approximate Unit Measurements: #537 - 2B/1Bth 1,359 SF | #539 - 2B/1Bth 1,511 SF (VACANT) | #541 - 2B/1Bth 1,506 SF| #543 – 2B/1.5Bth 1,347 SF (recently updated unit). Great upside in rental income, potential of additional income renting each 865 SF garage as storage, and large lot offers a potential of additional rental income from an ADU.
This multi-unit property is a smart choice for savvy investors seeking a steady stream of rental income in a desirable location. Located just 4 minutes from Los Angeles City College, Vermont/Beverly transit station and close access to freeways. Designated parking spaces make this property even more appealing to potential tenants, enhancing its marketability. We invite you to join us for an exclusive tour to explore the full potential of this income-generating property.
Property Details
- Lot DescriptionZeroToOneUnitAcre
- Stories2
Measurements
- Acres0.2371
Parking
- Parking Spaces4
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1921
Utilities / Energy Details
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$1,450,000
Other
- MLS #GD24184975
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Arthur Ambarchyan (#G83531)
Listing Office: Keller Williams R. E. Services (#G7207)
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