525 N Kenmore Avenue, Los Angeles, California, United States, 90004

1,500,000
for Sale
10,327

About the property:

Don't miss this incredible investment opportunity in the heart of Los Angeles! This expansive property is made up of three separate buildings with 7 units that each showcase their own two bedrooms and full bathroom. Nestled in the desirable Mid-Wilshire area, it's located in a Qualified Opportunity Zone (QOZ) potentially offering powerful tax benefits. The exterior charm boasts the spirit of Los Angeles, alongside a full length concrete driveway serving the back garages and parking spaces. This investment is zoned LAR3-1 and is additionally located within a Tier 3 TOC Area, allowing for potential additional development density bonuses due to its proximity to public transportation. Each of the units features its own washer/dryer hookups that are separately metered, Buyer to verify. Additional property features including a recent $50,000+ interior renovation throughout the units. Ideally located in the Mid-Wilshire corridor near freeways, allowing easy access to downtown Los Angeles, LA City College, Dodger Stadium, and nearby hotspots like Los Feliz, Silver Lake, and Hollywood. Buyers to verify all zones and potential tax benefits. Buyers to verify all potential development bonuses and all development potential with the City.
Property Type:
Apartment
Status:
for Sale
Acres:
0.2371
Square Feet:
4924
Directions:
From the US-101 North, Exit 6A for Vermont Ave, Left onto N Vermont Ave, Right onto Rosewood Ave, and Right onto N Kenmore Ave
Is Art:
Yes
Is Apartment:
Yes
Is Bed:
Yes
Is Building:
Yes
Is Investment:
Yes
Is Parking:
Yes
Is Pub:
Yes
Is Spa:
Yes
Is Transportation:
Yes
Is Unit:
Yes
Listing ID:
LG26074807

Rooms

Dimensions

Brokered by:
Innovate Realty, Inc.
Presented By:

Jane Smith

Sales Representative

InCom Demo Office