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717 E Kensington Road -723, Los Angeles, CA 90026

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For Sale

$2,250,000

9 beds • 5 baths • 1 half baths • 4,288 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

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

  • $524.72
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Trust Sale...Call For Offers!! Presenting a multi-family investment opportunity in the highly sought-after Angelino Heights neighborhood of Los Angeles. First time on the market in over 50 years. This property consists of two contiguous parcels sold together, offering excellent potential for value appreciation and future rental income. 723 E. Kensington features a charming single-family home with 3 bedrooms and 2.5 bathrooms, spanning approximately 2,084 square feet on a 6,086 square foot lot. The home includes a large kitchen, dining room, family room, and a sunroom with convenient laundry hook-ups. The expansive backyard offers plenty of room for outdoor activities, and the detached garage provides potential parking for up to 4 vehicles. The property is zoned LARD2-1VL-HPOZ. 717-721 E. Kensington, the contiguous parcel, is composed of 3 detached bungalows, each with 2 bedrooms and 1 bathroom. The bungalows total approximately 2,204 square feet on a 6,495 square foot lot, also zoned LARD2-1VL-HPOZ. Each unit has its own gas and electric meters. All roofs were replaced in 2024. The property is fully occupied by long-term tenants who are currently paying below-market rents, providing significant upside potential for savvy investors. This is a rare chance to acquire an income-generating property in one of Los Angeles' most desirable historic neighborhoods, with the potential for substantial growth in both rents and value. Don t miss out on this exceptional investment opportunity! For additional information contact Steven Weinberg at 818-646-7653.
MLS# SR25061709

Courtesy Of Citadel Estate Properties

(818) 992-4896

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Bungalow
  • Floor Covering
    Carpet, Vinyl, Wood

Map and Directions

Directions to 717 E Kensington Road -723, Los Angeles, CA 90026

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† 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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