1216 N Kenmore Avenue

    Los Angeles (City), CA 90029
    • $2,999,000
    • STATUS: Active
    • ON SITE: 21 days
    • ID#: 18349346
    UPDATED: 27 min ago
    $2,999,000
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,896
      SQFT
    • $380
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1927
    County:

    School Ratings & Info

    Description

    5.6 Cap on Actual Rents!!! 12.5 x Gross. Meticulously and beautifully remodeled in 2017. Located walking distance to the Metro and 3 major hospitals creating a very upscale tenant base. Every unit has restored hardwood floors, stacked washer/dryer and new stainless steel appliances. Each unit has beautiful Italian stone counter tops in the kitchen. Bathrooms are tastefully redone with Carrerra tile and new fixtures. Expensive mahogany/walnut glass panel interior doors. Each unit has its own water heater and HVAC systems. There is a roof top observation deck with stunning views of the Hollywood sign, Griffith Observatory, and Downtown L.A. Some apartments have side patios with reclaimed wood fencing and some apartments have wonderful views. Onsite parking for every unit. Did I mention it's a 5.6 CAP?

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-21T13:28:49.557. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/84082746

    1216 N Kenmore Avenue Los Angeles (City), CA 90029

    • Price: $2,999,000
    • Status: Active
    • Updated: 27 min ago
    • ID#: 18349346
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    7,896
    SQFT
    $380
    $/SQFT
    1927
    Built
    Neighborhood:
    C20 - Hollywood
    County:
    Los Angeles
    Area:
    C20 - Hollywood
    Property Description
    5.6 Cap on Actual Rents!!! 12.5 x Gross. Meticulously and beautifully remodeled in 2017. Located walking distance to the Metro and 3 major hospitals creating a very upscale tenant base. Every unit has restored hardwood floors, stacked washer/dryer and new stainless steel appliances. Each unit has beautiful Italian stone counter tops in the kitchen. Bathrooms are tastefully redone with Carrerra tile and new fixtures. Expensive mahogany/walnut glass panel interior doors. Each unit has its own water heater and HVAC systems. There is a roof top observation deck with stunning views of the Hollywood sign, Griffith Observatory, and Downtown L.A. Some apartments have side patios with reclaimed wood fencing and some apartments have wonderful views. Onsite parking for every unit. Did I mention it's a 5.6 CAP?
    Exterior Features

    Lot Size Units Square Feet Parking Features Assigned Parking YN Yes

    Interior Features

    Appliances Garbage DisposalRefrigeratorDishwasher Appliances YN Yes Laundry Features Washer IncludedDryer Included

    Property Features

    Cap Rate 5.59 Gross Multiplier 12.48 Gross Operating Income 240225.00 Improvements Amount 520200 Land Value 1213800 Laundry YN Yes Net Operating Income 167715.00 Special Listing Conditions Standard Total Expenses 67705.00 Zoning Lard1.5

    Listing provided courtesy of Lee Ziff of Keller Williams Beverly Hills.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-21T13:28:49.557. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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