1246 N Kenmore Ave,Los Angeles, CA 90029
Los Angeles, CA 90029
Description
INVESTORS: Don’t miss this elegant Spanish-style courtyard 10-unit apartment building, featuring a brand-new roof and recently renovated units completed in late 2025. Offered for the first time in over 20 years, this well-maintained property is owned by a motivated, retiring seller. Located in a prime Hollywood neighborhood, the property offers exceptional convenience with close proximity to shopping, dining, entertainment, hospitals, schools, and easy access to major freeways, including the 101, 10, 110, and 5. Enjoy the vibrant lifestyle and nightlife that Hollywood is known for. Street parking is readily available throughout the surrounding area. The property consists of three separate buildings: 1. Right building # 1246 : 3 units. 2. Left building # 1250: 3 units. 3. Real building #1248: 2-story structure with 2 units upstairs and 2 units downstairs. The tenant mix includes long-term residents with both month-to-month and one-year lease agreements. Each unit is separately metered with 10 gas meters and 10 electric meters. Tenants pay their own gas, electricity, and trash services. The landlord pays for water bills. Financial Highlights: Gross annual income $ 141,372.00. Total annual expenses $ 40,115.00. ( Gardener: $ 2,400.00., Insurance $ 17,000.00, Property Taxes $ 14,715.00, water $ 6,000.00 ). The seller intends to complete a 1031 exchange. Buyer cooperation is requested; however, this will not result in any additional cost to the buyer.
Details
| MLS # | SR26078693 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1926 |
| Days On Site | 132 |
| Listing Provided By | Rise Realty | Surin Poommai |
Features
| SQ Feet | 5,502 |
|---|---|
| Story(s) | 2 |
| Units | 10 |
| Building(s) | 3 |
| Acreage | 0.21 |
Interior
| Fireplace Yes / No | No |
|---|
Exterior
| Lot Features | Six To Ten Units Acre, Near Park, Paved, Walkstreet, Yard |
|---|
Parking
| Parking Features | None |
|---|---|
| Garage Yes / No | No |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Street Lights, Sidewalks, Park |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90029 |
| Area | C20 Hollywood |
| Listing VS Median (in 90029) | |
Price: $2,600,000 low | high Med: $1,895,000 sqft: 5,502 low | high Med: 4,220 $ / sqft: $473 low | high Med: $449 On site: 132 low | high Med: 102 | |
Market Activity 90029
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90029 |
| Area | C20 Hollywood |
| Listing VS Median (in 90029) | |
Price: $2,600,000 low | high Med: $1,895,000 sqft: 5,502 low | high Med: 4,220 $ / sqft: $473 low | high Med: $449 On site: 132 low | high Med: 102 | |
