Price Reduction
Address
111 N Kenmore Avenue Los Angeles, CA
Price
$ 2,675,000
Property Attributes
  • MLS#21702544
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaMid-Wilshire
  • Zip90004
  • StyleSpanish
  • Price$ 2,675,000
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage5972
  • Lot Size7,584 SqFt
Listing Provided Courtesy Of:
Bruce Jay with Bruce Jay Associates - 323-667-1000
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

THIS PROPERTY LOOKS STRONG, SIGNIFICANT, AND DOMINATES THE NEIGHBORING PROPERTIES!!! TRULY AN OMG OFFERING! DO NOT MISS THIS REMARKABLE INVESTMENT OPPORTUNITY! Clean and Well-Maintained, Close to Everything, STATUESQUE PROPERTY, HUGE BUILDING, HUGE UNITS - JUST ABOUT 6,000 SQ. FT. PLUS RARE-TO-FIND Large Parking Court PLUS 4 Garages. AMAZING Pre-Depression INVESTMENT BUILT EVER SO STRONG: Over-Sized Windows, Balcony, Tiled Roof, AMAZING 1920's ORNATE DETAILS, Just look at the Picture! Remarkable Curb Appeal! They simply dont build properties like this anymore! TRULY A BUY-AND-HOLD INVESTMENT FOR THE FAMILY, in the Heart of L.A. This is an EXPANDING HIGH-DEMAND LOCATION, additionally offering future potential as an OWNER-USER Investment! ALL UNITS ARE MONTH TO MONTH, NEW OWNERS WILL HAVE AN OPPORTUNITY TO INCREASE RENTS BY 3% PER UNIT upon the rental renewal dates. Additionally, this is a STRAIGHT STANDARD SALE, NOT SUBJECT TO AN EXCHANGE. Hence, Escrow can close at any time to potentially Complete Your Exchange! Please do not approach the Tenants. Blessings to you, and Thank you!

Price History
3/9/2021 Listed $2,850,000
5/7/2021 3% - $2,770,000
6/23/2021 1% - $2,760,000
7/1/2021 1% - $2,750,000
7/8/2021 1% - $2,740,000
7/23/2021 1% - $2,738,000
7/28/2021 1% - $2,725,000
8/13/2021 1% - $2,715,000
8/29/2021 1% - $2,700,000
9/17/2021 1% - $2,695,000
10/13/2021 1% - $2,675,000

General Features

Architectural Style Spanish
Facing Direction East
Garage Spaces 4
Garage Y/N Yes
Heating Wall Furnace
Listing Agent Bruce Jay - BRE#00559166
Listing Agent State License 00559166
MLS Area C17 - Mid-Wilshire
Property Type Residential Income
Senior Community Y/N No
Special Listing Conditions Standard
Status Active
Total Actual Rent 72912
Total Units 4
Zoning LAR3

Interior Features

Fireplace Features Dining Room, Living Room
Fireplace Y/N Yes
Heating Y/N Yes

Exterior Features

Lot Size Acres 0.17
Lot Size Area 7584
Lot Size Square Feet 7584
Lot Size Units Square Feet
Number of Buildings 1
Total Parking 4

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 90004

Price
AVG $1.94M
$2.68M
Visits
AVG 16
140
Year Built
AVG 1935
1924
Walkscore
AVG 89
87
Data Provided by Walkscore ® not using MLS data

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