$1,507,500
$1,450,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
537 N Kenmore Avenue Los Angeles, CA 90004
8 Beds
5,844 SqFt
Key Details
Sold Price $1,507,500
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,844 sqft
Price per Sqft $257
MLS Listing ID CRGD24184975
Sold Date 11/24/24
Bedrooms 8
HOA Y/N No
Year Built 1921
Lot Size 10,327 Sqft
Acres 0.24
Property 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 thi
Location
State CA
County Los Angeles
Area Listing
Zoning LAR3
Interior
Flooring Wood
Fireplace No
Laundry Other, Inside
Exterior
Exterior Feature Other
Total Parking Spaces 4
Building
New Construction No
Others
Tax ID 5520009007
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Bought with ThomasBeadel