2610 Kenwood Avenue Los Angeles, CA ^$ 3,895,000

2610 Kenwood Avenue

^$ 3,895,000

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2610 Kenwood Avenue

Los Angeles, CA, 90007

^$ 3,895,000

Bedrooms12 Baths12.0 Sq 7,012

Monthly Estimate*

^$ 27,208

Listed by RE/MAX One

2610 Kenwood Avenue, Los Angeles, CA 90007 - Image 1

2610 Kenwood Avenue, Los Angeles, CA 90007 - Image 2

2610 Kenwood Avenue, Los Angeles, CA 90007 - Image 3

2610 Kenwood Avenue, Los Angeles, CA 90007 - Image 4

2610 Kenwood Avenue, Los Angeles, CA 90007 - Image 5

2610 Kenwood Avenue, Los Angeles, CA 90007 - Image 6

2610 Kenwood Avenue, Los Angeles, CA 90007 - Image 7

Multi-Family Home for sale in Los Angeles, CA

for $3,895,000 with 12 bedrooms and 12 full baths. This 7,012 square foot home was built in 1924 on a lot size of 0.246.

2610 Kenwood is a fully renovated apartment building, inside and out. Some of the upgrades include a new roof, new windows, new copper plumbing, and new electrical system. Due to the true in-place cap rate of 5.98%, the property is eligible for attractive financing at 65% Loan-to-Value (LTV), requiring only 35% down payment. This allows investors a lower cost of entry than most other apartment buildings in Los Angeles. Centrally located in the dense rental markets of Mid City, Koreatown and Pico-Union, this fully renovated building stands as a prime turn key asset for investors looking to secure stable cash flow and a less management intensive property. The building is fully occupied, so PLEASE DO NOT DISTURB THE TENANTS!!

Multi-Family Active

Price

^$ 3,895,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.246

Year Built

1924

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24373541

Days on Market

Features

General

Heating None

Cooling None

Zoning LAC1

Year Built 1924

Stories 1

Levels One

Gross Income 354348.0

County Los Angeles

Net Operating Income 232993.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions W Adams Blvd and N Normandie Ave are the Major cross streets

City Los Angeles

View Y/N N

Senior Community Y/N N

Total Units 12

MLS Area C16 - Mid Los Angeles

Lot Size Square Feet 10714.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Kenwood

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 8

Standard Status Active

Cap Rate 5.98

Exterior

Parking Features None

Total Parking 0.0

Lot Size Area 10714.0

Number of Buildings 5

Spa N

Building Area Total 7012.0

Lot Size Acres 0.246

Lot Size Units SquareFeet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 0

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Avenue

Total Bedrooms 12

Electric On Property Y/N N

Total Baths 12

Internal Only

Street Number 1 2610

* Excluded Features

List By

Re/Max One

Broker

(310) 383-5927

Phone

Affordability Calculator

$27,208

Per Month

Monthly Principal & Interest: $27,208
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$2,006,100

Percent of Sale Price 48%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/28/2024	$3,895,000		Listed Price

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2610 Kenwood Avenue, Los Angeles, CA, 90007 is a Multi-Family Home for sale at $3,895,000 with 7,012 sqft and a lot size of 0.246. 2610 Kenwood Avenue has 12 bedrooms, 12.0 baths, and was built in 1924. The property's zip code is 90007 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 4/27/2024. 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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2610 Kenwood Avenue

Multi-Family Home for sale in Los Angeles, CA

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