221 N Kenmore Avenue

    Los Angeles (City), CA 90004
    • $1,410,000
    • STATUS: Closed
    • ON SITE: 304 days
    • ID#: RS18089980
    Sold - 08/30/2018
    $1,410,000
    SOLD - 08/30/2018
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,107
      SQFT
    • $0
      $/SQFT
    Neighborhood:
    KREA - Koreatown
    Type:
    Multi-Family
    Built:
    1925
    County:
    Los Angeles
    Area:
    KREA - Koreatown

    School Ratings & Info

    Visit GreatSchools.org

    Description

    Great investment opportunity! Amazing Koreatown location! Large lot. Property is very well kept in great condition. No deferred maintenance. Every unit has the same floorplan, 2 bed + 1 bath, and very large units approx 1,500 SF each. Units are separately metered for power and gas. Each unit has washer/dryer hookup, which makes it much more desirable by renters. All units come with 2 tandem parking spaces. Exclusive driveway Rents are below fair-market. Approx 35% upside in rental income exists. 30-year fix financing available.

    Sold by Peter Choi of Your Realty, Inc..

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-18T00:28:49.89. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/82771975

    221 N Kenmore Avenue Los Angeles (City), CA 90004

    • Price: $1,425,000
    • Status: Closed
    • Updated: 13 min ago
    • ID#: RS18089980
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    6,107
    SQFT
    $0
    $/SQFT
    1925
    Built
    Neighborhood:
    KREA - Koreatown
    County:
    Los Angeles
    Area:
    KREA - Koreatown
    Property Description
    Great investment opportunity! Amazing Koreatown location! Large lot. Property is very well kept in great condition. No deferred maintenance. Every unit has the same floorplan, 2 bed + 1 bath, and very large units approx 1,500 SF each. Units are separately metered for power and gas. Each unit has washer/dryer hookup, which makes it much more desirable by renters. All units come with 2 tandem parking spaces. Exclusive driveway Rents are below fair-market. Approx 35% upside in rental income exists. 30-year fix financing available.
    Exterior Features

    Garage Spaces 0.00 Lot Features Level With StreetLot Shape-RectangularSprinklers In Front Lot Size Source Assessor Lot Size Units Square Feet Parking Features Assigned Parking Total 8.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area 1526 Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Laundry Features Gas Dryer HookupIndividual RoomInsideWasher Hookup

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features CurbsSidewalksStreet Lighting Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 1200.00 Gross Income 77728.00 Gross Scheduled Income 77728.00 Insurance Expense 2713.00 Land Lease YN No Laundry YN Yes Maintenance Expense 3075.00 Net Operating Income 42050.00 New Taxes Expense 18436.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 35089.00 Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Total Actual Rent 6428.38 Total Expenses 34307.00 Trash Expense 2679.00 Water Sewer Expense 6204.00 Water Source Public Year Built Source Assessor Zoning Lar3

    Listing provided courtesy of J Chris Kim of Keller Williams Pacific Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-18T00:28:49.89. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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