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Back 101 North Kenmore Avenue
Off Market

101 North Kenmore Avenue

Los Angeles CA 90004

8
8
5
7680 sq. ft.
7711 sq. ft.
Other
Last sold for $1,340,000
Max BergerMax Berger, last sold this property on 03 August 2026 after 136 days on market.

Overview

101 N. Kenmore Ave. is an 8-unit Melrose Hill offering priced at $195,000 per unit and $203 per SF, and operating at a 9.01 GRM and .599% CAP on current rents. The pricing aligns with recent sales in the area, while offering stronger in-place income and approx. 25% rental upside based on renovated units nearby. The property is located approx. 0.6 miles from the 6th St. corridor surrounding Chapman Market, approx. 1.5 miles from Wilshire/Western and the core of Koreatown, and within close reach of Larchmont Village. This positioning places residents near a dense mix of restaurants, cafs, and neighborhood retail, while maintaining access to multiple employment corridors that continue to support steady rental demand throughout Mid-City. Originally constructed in 1925, the building features a Spanish-style exterior with a warm stucco faade, decorative parapet lines, and a centered entry that opens into a gated front courtyard. The layout creates separation from the street and reflects the type of character-driven housing that continues to perform well in Melrose Hill. The unit mix and building configuration support a straightforward value-add strategy. Based on renovated rental comparables, the property offers approx. 25% rental upside, with stabilization projected at an 9.15% CAP and 7.22 GRM. Additional upside exists through the detached rear garage structure, which presents potential for ADU conversion or expansion, subject to buyer verification. ***Major building systems have already been addressed. Recent capital improvements include vertical plumbing upgrades in select units, sewer line replacements and connection work, copper plumbing upgrades, roof repair and waterproofing, and common area improvements. Additional work includes window screen replacements, exterior painting, and select system updates, reducing near-term capital requirements and allowing a buyer to focus on interior turnover and rent growth.*** With in-place income, completed system upgrades, and a location positioned between the 6th Street corridor, Koreatown, and Larchmont Village, 101 N. Kenmore Ave. offers an 8-unit Melrose Hill asset where pricing, condition, and upside are aligned.

Features

8 bedrooms
8 bathrooms
5 carspaces
3 open car spaces
2 garage spaces
7680 sq. ft. floor area
7711 sq. ft. lot size
Other

Estimated Value

Based on this property and similar 8 bedroom other properties sold in Los Angeles over the last 12 months, the estimated median property value of 101 North Kenmore Avenue is $1.36m.

Median value
$1.36m
Estimated value range
$1.23m - $1.63m
Median days on market
56
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Los Angeles. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 101 North Kenmore Avenue

2026
Sold
$1,340,000
03 Aug 2026 by Max Berger, of Compass

Happy sellers in Los Angeles

~%

We have insufficient information to provide an overview of customer satisfaction for Los Angeles. Viewing the agent profiles, reviews and sales for Los Angeles can provide insights for this location.

Local market activity for 8 bedroom other properties in Los Angeles

In the last 12 months, 4 eight-bedroom other properties similar to 101 North Kenmore Avenue, have been sold.

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