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We are proud to exclusively present the 1614 N Kenmore Avenue Apartments near the Thai Town, Little Armenia and Los Feliz neighborhoods of Los Angeles. Located walking distance from the Vermont/Sunset Metro Station, Barnsdall Art Park and Kaiser Permanente Medical Center. Northwest of the Hollywood (101) Freeway, South of Hollywood and North of Sunset Boulevard, this property offers an investor the unique opportunity to own one of the most "in-demand" pieces of real estate in the most attractive rental markets in Los Angeles. 1614 N Kenmore Avenue is a 12-unit multifamily property with a total building size of over 7,600 square feet. The well-maintained property, separately metered for electric and gas, is serviced by a central water heater and offers a unit mix of 4 studios and 8 one-bedroom/one-bathroom units. Owned by one family for over 30 years, it is in great condition! While the current ownership has diligently maintained the property, it has not been aggressive in increasing rents, allowing for a quoted pro-forma of almost 100% increase from current rental rates, allowing a new owner the opportunity to consistently increase rents for the near future and/or fully renovate the units to bring the property in line with nearby rental rates. *Note that there are currently 3 vacancies for a new owner to upgrade or rent themselves immediately! Given the property's solid real estate fundamentals, including its desirable location, unit mix and well-maintained building, 1614 N Kenmore Avenue is an ideal investment for a value-add investor seeking growth, stability, and a hedge against inflation.
Property Type(s):
Residential Income
| Last Updated | 5/1/2025 | Year Built | 1926 |
|---|---|---|---|
| Community | Los Feliz | County | Los Angeles |
Additional Details
| AREA | Los Feliz |
|---|---|
| LOT | 6113 sq ft |
| LOT DESCRIPTION | Level, Rectangular Lot |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| ZONING | LARD1.5 |
Location
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Listed with KELLER WILLIAMS EMPIRE ESTATES
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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