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1108 N Kenmore Avenue, Los Angeles, CA 90029

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For Sale

$2,099,900

3 beds • 3 baths • 2,639 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $795.72
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

For up to date and accurate information please contact Jim Mangassarian Cell: 661-904-9383 or Bus: 661-286-8600 ext. 6697 or email him at: Jim@JimMangassarian.com This property is in the heart of Hollywood, surrounded with single family homes, apartment complexes and mom and pop businesses, situated within one-quarter mile from Santa Monica / Vermont Metro Rail Station with easy access to transportation, shopping, schools including Los Angeles City College (LACC), most within walking distance. Property is zoned C-2 commercial and includes three (3) units, Retail Store front at street level plus two (2) Residential units in the rear, while current owner lives in one of the units, the store front and the other residential unit is rented, both rentals are on a month-to-month basis, owners resident can also be rented for additional income. Property is within a State Enterprise Zone, while this property would be (1) perfect for a family who has a small mom & pop business to live in one of the rear units, lease out the other residential unit and operate their retail business from the store front or (2) ideal for an investor who can lease all three units and collect rent, but (3) the highest and best use would be develop the property into multi-residential units, this is a great developer opportunity for this fast changing Hollywood location from single family homes into brand new multi-unit apartment complexes with all the latest home features. Driving around this property, one can t but notice that there are many brand new complexes that have popped up near and all around the area, I counted about 15 such properties within less than half a mile radius, five of them being on the same block with the rest just a block or two over on either side, there may be the potential of building 12 16 units on the subject property, must verify with local city ordinance.
MLS# SR25012065

Courtesy Of Realty Executives Homes

(661) 286-8600

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Cooktop, Cooktop - Gas, Microwave, Range, Range - Gas, Refrigerator
  • Architecture Style
    Mediterranean
  • Exterior Type
    Stucco
  • Floor Covering
    Laminate, Tile, Vinyl
  • Rooms
    Kitchen, Living Room

Map and Directions

Directions to 1108 N Kenmore Avenue, Los Angeles, CA 90029

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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