Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

24

Building size

18,783 sqft

Lot size

9,817 sqft

Year built

1961

Stories

0

Garage spaces

24

Heating

Wall Furnace

Pool

None

Status

Active

Days on market

774

MLS #

213038065

About this property

UNIT MIX: 1Bed 1Bath x 15. Studio 1Bath X 9. Actual current monthly income: $34,808.74. Annual $417,696.00 What a location! Yes, they say location matters and it really does. Within feet reaching location of ever-so-famous Chapman Plaza, City Center and the rest of the "Koreatown Sixth Street Corridor" First time on the market in 15 years! Huge upside potential for income! All tenants are current on their rental payments. Subterranean gated parking of 24 cars all side x side all separately metered. R4 Zoning of approximately 10,000 SF lot on Tier 3 TOC with number of new developments/projects within close proximity to the subject property. 100% RC, NON-HPOZ. New roof is being installed, majority of electricals and plumbing were upgraded in the recent past years per Seller. Drive-by ONLY! See Private Remarks.

Location

520 S Kenmore Avenue

Los Angeles, Los Angeles, CA, 90020