111 N Kenmore Ave, Los Angeles, CA 90004 - View 1
111 N Kenmore Ave, Los Angeles, CA 90004 - View 2
111 N Kenmore Ave, Los Angeles, CA 90004 - View 3

111 N Kenmore Ave, Los Angeles, CA 90004

Sale Price: $1,300,000
Aug 8, 20245,972 sqft8 beds4 baths
Listed by: Dan Heston
License #: 02008229
Phone #: 323-419-2000
eXp Realty of Greater Los Angeles
Source:
CRMLS Logo
MLS #: 24422805

Property Description

Exceptional Investment Opportunity in Prime L.A. Location. Discover this well maintained property, perfectly positioned near all the conveniences of Los Angeles. This stately building boasts nearly 6,000 sq. ft. of expansive living space, featuring spacious units that offer incredible potential. Rarely found, this property includes a large parking court and four garages, providing ample space for residents and guests alike. Built in the pre-Depression era, this investment is a testament to enduring quality and design, featuring oversized windows, a balcony, a tiled roof, and exquisite 1920s ornate details that exude charm and character. The curb appeal is simply unmatched, showcasing the timeless beauty of a bygone era. Properties of this caliber are a rarity in today's market. Situated in the heart of Los Angeles, this property is located in a rapidly expanding, high-demand area, offering significant growth potential. Whether you're an investor seeking a buy-and-hold opportunity or considering an owner-user investment, this property offers incredible flexibility. Brand new plumbing throughout. All units are currently month-to-month, providing new owners with the opportunity to increase rents by 3% per unit upon lease renewal. This is a straightforward sale, not subject to 1031 exchange but willing to work with buyer on exchange if necessary. Please do not disturb tenants. We appreciate your interest and look forward to helping you explore this exceptional investment opportunity. Thank you for considering this remarkable property for your investment portfolio.
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$20,385

TurboHome Estimated Value

$1,354,500

$227 sqft

High Valuation
$1,422,225
$238/sqft
Normal Valuation
$1,354,500
$227/sqft
Low Valuation
$1,286,775
$215/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$227/sqft$1,354,500

Neighborhood: Mid Wilshire

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Comparative Value

$1.30M

$1.35M

$1.87M

111 N Kenmore Ave, Los Angeles, CA 90004

Sale Price: $1,300,000

Selected Comparable

111 N Kenmore Ave, Los Angeles, CA 90004

List Price: $1,350,000

Subject Property

2625 San Marino St, Los Angeles, CA 90006

Sale Price: $1,355,000

Selected Comparable

1015 S Mansfield Ave, Los Angeles, CA 90019

Sale Price: $1,866,005

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
111 N Kenmore Ave, Los Angeles, CA 90004

111 N Kenmore Ave, Los Angeles, CA 90004

List: $1,350,000

Listed: 8/8/2024

Area:5,972 sqft
Price/sqft:$226
Beds:8
Baths:4
Year Built:
Lot Size:7,586

Comparable Properties

COMPARABLE
Choose comps
111 N Kenmore Ave, Los Angeles, CA 90004

111 N Kenmore Ave, Los Angeles, CA 90004

Sale: $1,300,000

11/15/20240.00 mi

Area:5,972 sqft
Price/sqft:$218
Beds:8
Baths:4
Year Built:
Weight:45.3%
2625 San Marino St, Los Angeles, CA 90006

2625 San Marino St, Los Angeles, CA 90006

Sale: $1,355,000

3/24/20251.40 mi

Area:4,680 sqft
Price/sqft:$290
Beds:8
Baths:4
Year Built:
Weight:34.6%
1015 S Mansfield Ave, Los Angeles, CA 90019

1015 S Mansfield Ave, Los Angeles, CA 90019

Sale: $1,866,005

1/29/20252.87 mi

Area:4,831 sqft
Price/sqft:$386
Beds:7
Baths:5
Year Built:
Weight:20.1%

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