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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$1,399,000

Est. payment - /mo

7,000 Sqft Lot

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Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25186453

HOA Y/N No

Year Built 1946

Lot Size 7,000 Sqft

Property Sub-Type Mixed Use

Property Description

Welcome to 1200 N. Kenmore Ave, a well-maintained six-unit multifamily property situated on a desirable corner lot offering a prime investment opportunity in the heart of East Hollywood. This two-story gated building spans 5,128sqft. on a generous 7,000sqft. lot, featuring 2 - 2 bedrooms, 2 - 1 bedroom and 2 studios with 6 bathrooms in total.

All six units are currently leased to long-term tenants who pay on time and maintain their homes with care, making this a truly turnkey investment.
The property is in good condition with updated units, minimizing maintenance concerns for the next owner.

Additional highlights include garage and carport parking for up to 8 vehicles, a valuable amenity in this high demand urban neighborhood. Built in 1946, the property offers a solid structure with modernized interiors that support both stability and growth potential.

Ideally situated near schools, shops, restaurants, and just minutes from the Metro B Line, this property provides tenants with convenience and accessibility while offering investors steady cash flow and strong appreciation potential.

Perfect for investors seeking a turnkey, fully occupied property with dependable tenants and minimal headaches.

Don't miss this rare opportunity to acquire a stable, income-producing property in one of Los Angeles' most vibrant rental markets.

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning LARD1.5

Interior

Cooling Wall/Window Unit(s)

Fireplaces Type Bath, Kitchen, Living Room

Fireplace Yes

Appliance Dryer, Washer

Laundry Washer Hookup, Inside

Exterior

Parking Features Assigned, Garage, On Street

Garage Spaces 4.0

Carport Spaces 4

Garage Description 4.0

Fence Electric, Wrought Iron

Pool None

Community Features Street Lights

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Total Parking Spaces 8

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5540011004

Security Features Security Gate

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

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Listed by Christina Balian Pinnacle Estate Properties 747-900-3116

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1200 N Kenmore AVE Los Angeles, CA 90029