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$2,195,000

Beds
12
sq ft
6,852

251 N Kenmore Ave, Los Angeles, CA 90004

251 N Kenmore Ave

Los Angeles, CA 90004

  • 50 days on market
Exceptional Investment Opportunity! Welcome to 251 N. Kenmore, a beautifully updated and architecturally charming gated multi-family building in the heart of Koreatown. This property features six renovated 2-bedroom, 1-bathroom units, each boasting spacious floorplans, large eat-in kitchens with granite countertops, and laminate wood flooring. With abundant windows, 9' ceilings, and laundry rooms equipped with washers and dryers, these homes are flooded with natural light and offer modern comforts such as central heating and air conditioning. This pride-of-ownership property offers minimal tenant turnover due to the high desirability of these units. The building includes 10 gated parking spaces, with 5 covered and 5 uncovered. Located on an exquisite tree-lined street, this prime Koreatown location is close to major employment centers and offers a wide range of culinary, entertainment, and cultural options, making it a highly attractive destination for renters. Don't miss this fabulous investment opportunity!

Details

Property type

Property condition

Updated/Remodeled

Lot size

7,632 sq ft

Price per sq ft

$321

Year built

1926

HOA

No

Price History

09/20/2024
CLAW

CLAW #24442559

Listed
$2,195,000
-4.36%
05/23/2024
CLAW

CLAW #23318459

Removed
$2,295,000
03/26/2024
CLAW

CLAW #23318459

Price change
$2,295,000
-4.18%

Schools & Community

Neighborhood: 

Koreatown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

High school district: 

Los Angeles Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Federal Savings Bank

Loan start date

January 2020

Original loan amount

$1,425,000

Est. remaining balance

Not provided

Interest rate

3.5%

Loan type

Building or Construction Loan

Seller

Greencoast Capital Properties Llc and Wade Brooks Properties Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/12/2024 at 7:15 PM

Listing updated: 09/30/2024 at 9:00 AM

Listed by: Nili Hudson, Compass Phone #: (310) 820-0195

MLS: CLAW #24442559

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