2646 Kenwood Ave, Los Angeles, CA 90007
2646 Kenwood Ave, Los Angeles, CA 90007
2646 Kenwood Ave, Los Angeles, CA 90007
30
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$1,395,000
Est. payment /mo
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12 Beds
8 Baths
4,229 SqFt
New

2646 Kenwood Ave Los Angeles, CA 90007

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,229 sqft

Price per Sqft $329

MLS Listing ID 26873967

Style Craftsman

Bedrooms 12

Year Built 1907

Lot Size 6,622 Sqft

Acres 0.152

Property Sub-Type Multi-Family

Property Description

We are pleased to present 2646 Kenwood Ave, a massive 4-unit property (3 units VACANT!!!) located in the highly desirable West Adams neighborhood. Once fully occupied, the building is expected to operate at a 7.06% CAP Rate and 10.14 GRM! The property consists of a single, two-story Craftsman built in 1907 offering a total of 4,229 rentable or livable square feet with a superior unit mix of 100% three bedroom, two-bathroom units that are over 1,000 square feet each! This architecturally stunning property, which also features upgraded electrical and plumbing in addition to an upgraded ABS main sewer line, sits on a 6,622 square foot LAR2 zoned lot with four 1-car garages in the rear, which are RTI for a two-bedroom ADU, and may continue to serve as parking/storage for future tenants or for an ADU(s). With 3 VACANT UNITS, there is an immediate opportunity for an owner user to live in one unit and rent out the others, or for an investor to capture immediate upside and re-rent all three units at market rents in a highly coveted and proven submarket. This opportunity is located less than one block South of Adams Blvd and in very close proximity to one of the trendiest corridors in Los Angeles. Located a short walk away from numerous iconic West Adams restaurants, including Tartine, Alta, Mizlala, Farmhouse Kitchen, Chulita, and Cento, this property is strategically situated nearby a booming corridor that consists of restaurants, new hotels, art galleries, and production studios throughout. Contact the listing broker for additional information.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LAR2

Rooms

Other Rooms Other

Interior

Heating Other

Cooling None

Equipment Other

Exterior

Parking Features Garage Is Detached

Garage Spaces 4.0

Building

Lot Description Single Lot

Story 2

Architectural Style Craftsman

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Kidder Mathews of California, Inc.

NEARBY SCHOOL & BUSINESS

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Colt Amidan

Colt Amidan

Realtor | RE.S.0077534.LLC

+1(702) 767-8666

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2646 Kenwood Ave