For Sale

Listed by Sean Rosenzweig from Marcus & Millichap

Source: Combined LA Westside Multiple Listing Service, Inc #25589927

845 S Kenmore Ave, Los Angeles, CA, 90005

$2,400,000

8
12
12
6742 sq. ft.
6759 sq. ft.

Other

30+ days on the market

What's around 845 S Kenmore Ave

About this property

We are pleased to offer for sale a 12-unit apartment community located at 845 South Kenmore Avenue. The subject property is located just south of 8th Street within the desirable Koreatown sub-market. Situated on a 6,759 square foot parcel, the property is comprised of four studios and eight one-bedroom units. Two of the units will be delivered vacant allowing new ownership to immediately renovate and achieve market rental rates. The property has 14% remaining rental upside through unit renovations. The continued gentrification of the surrounding area along with the value-add potential for a new owner to renovate remaining units and achieve superior future returns moving forward makes 845 South Kenmore an excellent acquisition opportunity. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS.

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