Exceptional Investment Opportunity! Welcome to 251 N. Kenmore, a gorgeous and "emotional" pride-of-ownership building in the heart of Koreatown. This architecturally charming, gated 6-unit property offers a rare 5.2% CAP rate and an 11.4 GRM, making it a standout for the savvy investor. Each of the six renovated 2-bedroom, 1-bathroom… Read More units features a spacious single-level floor plan with the added privacy of both front and back doors. The interiors are flooded with natural light, boasting soaring 9' ceilings and rich wood flooring throughout. Every unit has been thoughtfully updated with modern kitchens featuring granite countertops and renovated baths. Residents enjoy the ultimate convenience of private laundry rooms with washers/dryers and the year-round comfort of central heating and air conditioning. Some units offer stunning views of the Hollywood Hills and the Downtown Los Angeles skyline. This building experiences almost zero vacancy due to the high desirability of the units and its prime location on an exquisite tree-lined street. The property includes 10 gated parking spaces (5 covered, 5 uncovered). Situated near major employment centers and a world-class array of culinary, entertainment, and cultural destinations, this is a turnkey, high-yield asset in one of LA's most vibrant neighborhoods. Don't miss this fabulous opportunity to own a property where the financial performance is as beautiful as the architecture itself. Read Less
Property listed by Compass, Nili Hudson 310-259-7556
Listing Snapshot
Days Online
8
Last Updated
Beds
12
Square Ft.
6,852
Lot Size
0.18 Acres
Year Built
1926
MLS Number
26662763
Additional Details
Appliances & Equipment
Dishwasher, Disposal, Range, Refrigerator, RangeHood, Dryer, Washer, Other equipment: Intercom
Building
Built in 1926, Living area: 6852.0, 1 building, Building faces East, 4 stories, Levels: One, ThreeOrMore, Entry level: 1, Entry location: Living Room, Construction Materials: Stucco, WoodSiding
Community
Gated
Cooling
CentralAir
Disclosures
SellerDisclosure
Exterior Features
Patio/Porch Features: None
Fireplaces
None
Floors
Laminate
Foundation
Raised
Heating
Central
Income
Gross Income: $175,252, Net Operating Income: $103,260
Interior Features
HighCeilings, Intercom
Laundry
LaundryRoom
Lot
0.1752 acres, RectangularLot
Parking
5 open parking spaces, 10 total parking spaces, Covered, DetachedCarport, Driveway, Gated, Uncovered
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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