Skip To Content

520 S Kenmore Avenue

Los Angeles (City), CA 90020
  • $5,900,000
  • STATUS: Active
  • ON SITE: 267 Days
  • MLS #: 24408191
UPDATED: 214 min ago
$5,900,000
  • 15
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 18,783
    SQFT
  • $314
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1961
County:

School Ratings & Info

Listing Agent(s): Peter Yoo of High Equity Real Estate Service, Inc. (310-528-5240)


Description

UNIT MIX: 1Bed 1Bath x 15. Studio 1Bath X 9. Actual current monthly income: $34,808.74. Annual $417,696.00 What a location! Yes, they say location matters and it really does. Within feet reaching location of ever-so-famous Chapman Plaza, City Center and the rest of the "Koreatown Sixth Street Corridor" First time on the market in 15 years! Huge upside potential for income! All tenants are current on their rental payments. Subterranean gated parking of 24 cars all side x side all separately metered. R4 Zoning of approximately 10,000 SF lot on Tier 3 TOC with number of new developments/projects within close proximity to the subject property. 100% RC, NON-HPOZ. New roof is being installed, majority of electricals and plumbing were upgraded in the recent past years per Seller. Drive-by ONLY! See Private Remarks.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-22T00:29:20.747. 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 or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
www.desertareahomesforsale.com/homes/152109459
Print Image

520 S Kenmore Avenue Los Angeles (City), CA 90020

  • Price: $5,900,000
  • Status: Active
  • On Site: 267 Days
  • Updated: 214 min ago
  • MLS #: 24408191
15
Beds
0
Baths
0
½ Baths
0.23
Acres
18,783
SQFT
$314
$/SQFT
1961
Built
Neighborhood:
C17 - Mid-Wilshire
County:
Los Angeles
Area:
C17 - Mid-Wilshire
Property Description
UNIT MIX: 1Bed 1Bath x 15. Studio 1Bath X 9. Actual current monthly income: $34,808.74. Annual $417,696.00 What a location! Yes, they say location matters and it really does. Within feet reaching location of ever-so-famous Chapman Plaza, City Center and the rest of the "Koreatown Sixth Street Corridor" First time on the market in 15 years! Huge upside potential for income! All tenants are current on their rental payments. Subterranean gated parking of 24 cars all side x side all separately metered. R4 Zoning of approximately 10,000 SF lot on Tier 3 TOC with number of new developments/projects within close proximity to the subject property. 100% RC, NON-HPOZ. New roof is being installed, majority of electricals and plumbing were upgraded in the recent past years per Seller. Drive-by ONLY! See Private Remarks.
Exterior Features

Entry Location Ground Level - no steps Parking Features Controlled EntranceCoveredElectric GateSide By Side Parking Total 24 Pool Features None Pool Private YN No Spa Features None Spa YN No

Interior Features

Appliances DisposalMicrowaveTrash Compactor Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Association YN No Buyer Financing Cash Cap Rate 5.1 Community Features Gated Garage YN Yes Gross Income 417696 Gross Scheduled Income 417696 Laundry Features Common Area Levels Multi/Split Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 301400 New Construction YN No Number Of Units Leased 24 Possession Close Of Escrow Property Condition Updated/Remodeled Rent Control YN Yes Security Features Carbon Monoxide Detector(s)Security GateGated Community Senior Community YN No Sewer Other Special Listing Conditions Standard Tenant Pays ElectricityGas Vacancy Allowance Rate 1 Zoning LAR4



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-22T00:29:20.747. 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 or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372981573-2.jpg
Logo
Desert Area Homes For Sale | Premier Properties
78115 Calle Estado #104
La Quinta CA, 92253
Listing Agent(s): Peter Yoo of High Equity Real Estate Service, Inc. (310-528-5240)