Skip to content
For Sale

$1,399,000

10,328 sqft$135/sqft23 days on market

525 N Kenmore Avenue

Los Angeles, CA 90004

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

10,328

Square feet

1922

Built

Listing narrative

Description

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 total units, with potential for 10 units. Five of the current units showcase two bedrooms and one full bathroom while two of the units are made up of one bedroom and one 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. Digitally altered conceptual renderings in supplements. Improvements shown are not included in the purchase price.

Listing agent (MLS): Suzanne Abolhosseini · Listing brokerage (MLS): Innovate Realty, Inc.

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,399,000

Beds

Beds n/a

Type

Condo

Home Size

10,328 sqft

Baths

Baths n/a

Lot Size

0.24 acres

Year

1922

Status

For Sale

Days on Market

23

$ / Sqft

$135

· 8% down, 7% APR, 30yr fixed
Loading map…

Courtesy of Innovate Realty, Inc.