525 N Kenmore Avenue

Property 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 units that each showcase their own two bedrooms and full 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.

Overview

Property Status

For Sale

Lot Size

10,327 Sq.Ft.

MLS ID

LG26074807

Property Type

Condo

Year Built

1922

Are you interested?

Schedule a Tour

or Contact

Suzanne Seini

949.344.5131 [email protected]

Tuston Serl

(909) 477-0427 [email protected]

Features & Amenities

Total Area

4,924 Sq.Ft.

Neighborhood

Los Angeles

View Description

Neighborhood

Stories

Garage Spaces

3.0

Water Source

Public

Pool

None

Lot Features

Front Yard

Parking

Driveway, Garage, One Space

Heat Type

None

Air Conditioning

None

Laundry Room

Inside

Fireplace

None

Sewer

Public Sewer

Sales Price

$1,500,000

Are you interested?

Schedule a Tour

or Contact

Suzanne Seini

949.344.5131 [email protected]

Tuston Serl

(909) 477-0427 [email protected]

Schedule a Tour

We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

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Thank you

for your interest in 525 N Kenmore Avenue, Los Angeles, CA 90004

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