525 N Kenmore Avenue
Property Overview
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.
Home Details
- Property type
- Residential Income - Apartment
- Year built
- 1922
- Lot size
- 10,327 sq ft
- Parking
- 9 spaces
- Garage
- 3 spaces
- Stories
- 2
- Days on market
- 65
- MLS status
- Active
Features & Amenities
Parking
- Driveway
- Garage
- One Space
Pool
- None
Lot
- Front Yard
Community, Schools & Utilities
Community
- View
- Neighborhood
Utilities
- Heating
- None
- Cooling
- None
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions About 525 N Kenmore Avenue
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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