2610 Kenwood Ave, Los Angeles CA, 90007

Active

2610 Kenwood Ave

Los Angeles CA, 90007

$3,895,000

$555.48 per sqft

Active

12 Beds

7,012 sqft

Residential

Built in 1924

2610 Kenwood is a fully renovated apartment building, inside and out. Some of the upgrades include a new roof, new windows, new copper plumbing, and new electrical system. Due to the true in-place cap rate of 5.98%, the property is eligible for attractive financing at 65% Loan-to-Value (LTV), requiring only 35% down payment. This allows investors a lower cost of entry than most other apartment buildings in Los Angeles. Centrally located in the dense rental markets of Mid City, Koreatown and Pico-Union, this fully renovated building stands as a prime turn key asset for investors looking to secure stable cash flow and a less management intensive property. The building is fully occupied, so PLEASE DO NOT DISTURB THE TENANTS!!

24-373541

MLSⓇ ID

March 27, 2024

Listed

April 5, 2024

Updated

Map

2610 Kenwood Ave
Los Angeles CA, 90007

Interior Features

Total Stories: 0
Bedrooms: 12
Appliances: None
Fireplace: No
Cooling: No
Cooling Description: None
Heating: No
Heating Description: None

Exterior/Building Features

Lot Size: 0.25 Acres

Other Property Details

Area Name: Mid Los Angeles
Days on Market: 8
Garage: No
Parking: None
Parking Total: 0
View: No
County: Los Angeles
Pool: No
Zoning: LAC1

Listed by Chase Simonton with RE/MAX One
Listing Contact: 310-383-5927

Based on information from The MLS^TM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Ramey Ward | CA DRE# 01456908 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Data last updated 4/5/2024