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Key Details
Sold Price $900,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR23022507
Sold Date 01/24/24
Bedrooms 6
HOA Y/N No
Lot Size 7,351 Sqft
Property Description
BOM. Pleased to present 427 N Kenmore Ave. This property grants a development and/or an income generating investment opportunity. Own a value-add investment in prime Mid-Wilshire. The property is composed of two separate building structures that contain (3) three spacious 2 bed / 1 bath units. Each of these units have their own private outdoor access and are well maintained. Two of these units come equipped with a washer and dryer set-up. The subject property is zoned R3 with a Tier 3 TOC bonus. It is also located in an opportunity zone, giving developers both tax and density incentives to build additional units. This property is less than 5 miles from The Grove and Downtown LA, 3 miles from Koreatown & Echo Park, and has easy access to public transportation. Showing by appointment only.
BOM. Pleased to present 427 N Kenmore Ave. This property grants a development and/or an income generating investment opportunity. Own a value-add investment in prime Mid-Wilshire. The property is composed of two separate building structures that contain (3) three spacious 2 bed / 1 bath units. Each of these units have their own private outdoor access and are well maintained. Two of these units come equipped with a washer and dryer set-up. The subject property is zoned R3 with a Tier 3 TOC bonus. It is also located in an opportunity zone, giving developers both tax and density incentives to build additional units. This property is less than 5 miles from The Grove and Downtown LA, 3 miles from Koreatown & Echo Park, and has easy access to public transportation. Showing by appointment only.
Location
State CA
County Los Angeles
Area Los Angeles (90004)
Zoning Public Rec
Building
Lot Description Curbs, Sidewalks
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Monthly Total Fees $43
Space Rent $1,088
Financing Cash
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Kobe Zimmerman
Berkshire Hathaway Home Services California Properties
kobezimmerman@bhhscalifornia.com +1(858) 753-3353Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Alex Carranza • Keller Williams Beach Cities