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    1428 N Kenmore Ave

    Los Angeles, CA 90027
    • $1,550,000
    • STATUS: Active
    • ON SITE: 78 days
    • ID#: 20-602128
    UPDATED: 58 min ago
    $1,550,000
    • 6
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,034
      SQFT
    • $511
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1914
    County:
    Area:

    School Ratings & Info

    Description

    Pleased to present an excellent triplex income property in a prime location of East Hollywood. Endless opportunity for a Buyer to remodel and collect rents or re-development of a multi-family project in a well established apartment market with good demographics that are becoming stronger. This centrally located property zoned LARD2 on approximately 6,757 SqFt lot with submitted design plans allows you to build 4 units by right or up to 7 units utilizing the TOC-Tier 3 bonus density incentives. Located in an Opportunity Zone - The current triplex is located just steps away from Kaiser Permanente and all the shopping, restaurants, transportation & entertainment that Sunset Blvd and Hollywood area has to offer. Units can be delivered vacant.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-26T10:42:21.433. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.randyplaice.com/homes/107689782
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    1428 N Kenmore Ave Los Angeles, CA 90027

    • Price: $1,550,000
    • Status: Active
    • Updated: 58 min ago
    • ID#: 20-602128
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    3,034
    SQFT
    $511
    $/SQFT
    1914
    Built
    Neighborhood:
    Hollywood
    County:
    Los Angeles
    Area:
    Hollywood
    Property Description
    Pleased to present an excellent triplex income property in a prime location of East Hollywood. Endless opportunity for a Buyer to remodel and collect rents or re-development of a multi-family project in a well established apartment market with good demographics that are becoming stronger. This centrally located property zoned LARD2 on approximately 6,757 SqFt lot with submitted design plans allows you to build 4 units by right or up to 7 units utilizing the TOC-Tier 3 bonus density incentives. Located in an Opportunity Zone - The current triplex is located just steps away from Kaiser Permanente and all the shopping, restaurants, transportation & entertainment that Sunset Blvd and Hollywood area has to offer. Units can be delivered vacant.
    Exterior Features

    Direction Faces West Entry Location Ground Level W/Steps Levels Ground LevelMulti/Split Lot Description 2-4 Lots Lot Location Alley Access Lot Size Area 6758 Other Structures None Parking Garage None Patio Features Porch - Front Pool Description None Pool YN No Spa None Spa YN No Sprinklers None Tennis Court None Tennis YN No Total Parking 0 View Description CityAny View YN Yes Water Frontage None

    Interior Features

    Baths Total 4.00 Cooking Appliances Built-In Gas Cooling Air Conditioning Equipment None Flooring LaminateHardwood Heating Central Laundry In Unit Laundry Equipment Own

    Property Features

    Alley YN Yes Assessed Total Value 250380 Gross Income 17000 Gross Operating Income 197000 Land Lease Type Fee Like Units1 1 Like Units2 1 Like Units3 1 Net Operating Income 157600.00 Number Of Buildings 2 Number Of Units 3 Property Condition FixerTear DownValue Mainly In Land Rent Control YN Yes Sale Type Standard Security Features None Source Living Area Assessor Source Lot Size Area Vendor Enhanced Total Annual Expense 0 Type Of Units Triplex Water Public Year Built Source Vendor Enhanced Zoning Lard2

    Listing provided courtesy of Karl Markarian DRE#01932970 of Keller Williams Studio City.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-26T10:42:21.433. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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