$ 1,350,000
-
$1,350,000
Price -
2
Bed -
1
Bath -
5,544
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing CLW-X76133 - CLW-X81093
Prime investment opportunity with exceptional upside potential in the highly desirable Koreatown / Hancock Park adjacent neighborhood. This well-located 5,544 SF fourplex offers a stable in-place income, strong rental demand, and long-term appreciation in one of Los Angeles' most dynamic and supply-constrained rental markets. The two-story Spanish Colonial Revival style property features four spacious 2-bedroom, 1-bathroom units, with functional floorplans including formal living room, family room, large kitchen, inside laundry area. Located just minutes from Downtown Los Angeles and near Wilshire Boulevard, placing it within a vibrant, high-density corridor known for its diverse dining, shopping, and everyday conveniences. Residents benefit from convenient access to Metro lines and major transit routes, enhancing connectivity and overall desirability. The area continues to experience strong tenant demand, supporting consistent occupancy and long-term rental growth. With a clear value-add component, investors have the opportunity to increase rents to market levels as units turn over, significantly boosting cash flow, overall returns and strong future appreciation. Sold as-is, where-is, with tenants in place. Drive by only, do not disturb tenants.
Listing Highlights
Status
Active
Days on Site
9
Property Type
Multi-Family
MLS ®
26669985
Year Built
1924
Total Square Footage
5,544
Lot/Acreage
0.16
County
Los Angeles
Area
C17 - Mid-Wilshire
Interior Details
- Bedrooms: 2
- Bathrooms: 1 Full
- Appliances:
- Air Cond:
- Heating: Wall Furnace
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 4
- Zoning: LAR3
- Roof:
- Others: 2+ Total Units
- Sewer:
- Parking Features: Garage
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5518019004
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
140 N Kenmore Ave Los Angeles, CA 90004
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
