101 N Kenmore Avenue, Los Angeles, CA 90004
Local realty services provided by:CENTURY 21 Affiliated
101 N Kenmore Avenue,Los Angeles, CA 90004
$1,560,000
- 8 Beds
- 8 Baths
- 7,680 sq. ft.
- Multi-family
- Active
Listed by: max berger, kenny stevens
Office: compass310-230-5478
MLS#:26667235
Source:CRMLS
Price summary
- Price:$1,560,000
- Price per sq. ft.:$203.13
About this home
101 N. Kenmore Ave. is an 8-unit Melrose Hill offering priced at $195,000 per unit and $203 per SF, and operating at a 9.01 GRM and .599% CAP on current rents. The pricing aligns with recent sales in the area, while offering stronger in-place income and approx. 25% rental upside based on renovated units nearby. The property is located approx. 0.6 miles from the 6th St. corridor surrounding Chapman Market, approx. 1.5 miles from Wilshire/Western and the core of Koreatown, and within close reach of Larchmont Village. This positioning places residents near a dense mix of restaurants, cafs, and neighborhood retail, while maintaining access to multiple employment corridors that continue to support steady rental demand throughout Mid-City. Originally constructed in 1925, the building features a Spanish-style exterior with a warm stucco faade, decorative parapet lines, and a centered entry that opens into a gated front courtyard. The layout creates separation from the street and reflects the type of character-driven housing that continues to perform well in Melrose Hill. The unit mix and building configuration support a straightforward value-add strategy. Based on renovated rental comparables, the property offers approx. 25% rental upside, with stabilization projected at an 9.15% CAP and 7.22 GRM. Additional upside exists through the detached rear garage structure, which presents potential for ADU conversion or expansion, subject to buyer verification. ***Major building systems have already been addressed. Recent capital improvements include vertical plumbing upgrades in select units, sewer line replacements and connection work, copper plumbing upgrades, roof repair and waterproofing, and common area improvements. Additional work includes window screen replacements, exterior painting, and select system updates, reducing near-term capital requirements and allowing a buyer to focus on interior turnover and rent growth.*** With in-place income, completed system upgrades, and a location positioned between the 6th Street corridor, Koreatown, and Larchmont Village, 101 N. Kenmore Ave. offers an 8-unit Melrose Hill asset where pricing, condition, and upside are aligned....
Contact an agent
Home facts
- Year built:1925
- Listing ID #:26667235
- Added:90 day(s) ago
- Updated:June 18, 2026 at 10:32 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:8
- Living area:7,680 sq. ft.
Structure and exterior
- Year built:1925
- Building area:7,680 sq. ft.
- Lot area:0.18 Acres
- Architectural Style:Spanish
- Levels:2 Story
Finances and disclosures
- Price:$1,560,000
- Price per sq. ft.:$203.13
Parking
- Total parking spaces:5
- Parking description:Door-Multi, Garage, Side By Side
- Garage:Yes
- Garage spaces:2
New listings near 101 N Kenmore Avenue
- New
$875,000Active3 beds 3 baths1,380 sq. ft.8541 Alcott Street #101, Los Angeles, CA 90035
MLS# CL26845711Listed by: BEVERLY & COMPANY LUXURY PROPERTIES - New
$1,595,000Active4 beds 3 baths2,749 sq. ft.18120 Jaguar Court, Tarzana (los Angeles), CA 91335
MLS# ML82051417Listed by: PINNACLE REALTY ADVISORS - New
$1,599,000Active9 beds 8 baths1115 N Madison, Los Angeles, CA 90029
MLS# CV26099977Listed by: EXP REALTY OF GREATER LOS ANGELES - New
$1,300,000Active4 beds 3 baths2,142 sq. ft.800 N Hobart, Los Angeles, CA 90029
MLS# PF26132189Listed by: THE AGENCY - New
$2,985,000Active4 beds 4 baths3,663 sq. ft.5110 Orange, Los Angeles, CA 90008
MLS# SR26132110Listed by: RODEO REALTY - New
$699,950Active3 beds 3 baths1,599 sq. ft.13265 Parkland, Sylmar, CA 91342
MLS# SR26132629Listed by: PARK REGENCY REALTY - Open Sat, 1 to 4pmNew
$1,299,995Active4 beds 3 baths2,436 sq. ft.18778 Algiers Street, Porter Ranch, CA 91326
MLS# SR26131935Listed by: PARK REGENCY REALTY - New
$699,000Active5 beds -- baths2,247 sq. ft.186 E Vernon Avenue, Los Angeles, CA 90011
MLS# CL26848321Listed by: KIDDER MATHEWS OF CALIFORNIA, INC. - New
$1,250,000Active4 beds -- baths2,336 sq. ft.12029 Washington Place, Los Angeles, CA 90066
MLS# CL26848573Listed by: PARDEE PROPERTIES - New
$2,795,000Active12 beds -- baths6,036 sq. ft.1197 Browning Boulevard, Los Angeles, CA 90037
MLS# CL26848695Listed by: COMPASS