845 S Kenmore Ave 8BR Hancock Park La
| Website: | https://www.nestseekers.com/4916733 |
|---|---|
| Address: | 845 S Kenmore Ave LOS ANGELES, CA 90005 |
| Ownership: | For Sale |
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| Bedrooms: | 8 BR |
| Bathrooms: | 12 |
| Area: | 6759 sq ft |
| Lot Size: | 0.2 Acres |
Financials
Price:$2,400,000
Description
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.
271 North Canon Drive Beverly Hills, CA 90210 Phone: +1 310-280-8983 Fax: +1 310-362-0351 | |
| Listing Courtesy of Marcus & Millichap | |
