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

2

Building size

2,070 sqft

Lot size

5,814 sqft

Year built

1925

Stories

1

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)

Status

Active

Days on market

13

MLS #

245864101

About this property

Rare investment opportunity in West Koreatown/Mid-City, a beautifully maintained 1925 Spanish Revival duplex offering immediate income and meaningful long-term development potential. The property features two well-maintained units, including a 2-bedroom, 2-bathroom unit and a 2-bedroom, 1.5-bathroom unit. The property has been thoughtfully updated, and a new roof was installed in 2026.Ideally positioned within approximately 20 minutes of Culver City, Beverly Hills, and Downtown Los Angeles, the property is also just a 2-minute walk from a vibrant commercial corridor, offering convenient access to grocery stores, coffee shops, and everyday amenitiesan attractive location for both residents and rental demand.A detached garage structure is located at the rear of the property, along with a covered patio area with an existing concrete slab, which may offer additional potential for future development or ADU conversion, subject to applicable zoning and permitting requirements. Zoned R2-1 and TOC Tier 4 eligible, the property may qualify for density bonus incentives, while ADU additions may be exempt from on-site parking requirements. Based on a preliminary architect review, the site may accommodate up to two additional ADUs, with four preliminary development scenarios ranging from a single ADU addition to a two-ADU configuration available for review. These scenarios are illustrative only and have not been verified or approved by the City. Buyer is solely responsible for independently verifying zoning, ADU feasibility, density bonus eligibility, parking, permitting, existing improvements, and all other development requirements with the appropriate governing agencies and buyer's own licensed architect and/or engineer prior to close of escrow. With major improvements already completed, a desirable location, and the potential to expand rental income through additional ADUs, this property offers an attractive combination of current income and long-term value. Contact the listing agent for additional information.

Location

1374 Keniston Avenue

Los Angeles, Los Angeles, CA, 90019