$ 1,500,000
-
$1,500,000
Price -
12
Bed -
7
Bath -
4,924
SqFt
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About the Listing LGINN - LGABOLSUZ,IVSERLTUS
Don't miss this incredible investment opportunity in the heart of Los Angeles! This expansive property is made up of three separate buildings with 7 units that each showcase their own two bedrooms and full bathroom. Nestled in the desirable Mid-Wilshire area, it's located in a Qualified Opportunity Zone (QOZ) potentially offering powerful tax benefits. The exterior charm boasts the spirit of Los Angeles, alongside a full length concrete driveway serving the back garages and parking spaces. This investment is zoned LAR3-1 and is additionally located within a Tier 3 TOC Area, allowing for potential additional development density bonuses due to its proximity to public transportation. Each of the units features its own washer/dryer hookups that are separately metered, Buyer to verify. Additional property features including a recent $50,000+ interior renovation throughout the units. Ideally located in the Mid-Wilshire corridor near freeways, allowing easy access to downtown Los Angeles, LA City College, Dodger Stadium, and nearby hotspots like Los Feliz, Silver Lake, and Hollywood. Buyers to verify all zones and potential tax benefits. Buyers to verify all potential development bonuses and all development potential with the City.
Listing Highlights
Status
Active
Days on Site
36
Property Type
Multi-Family
MLS ®
LG26074807
Year Built
1922
Total Square Footage
4,924
Lot/Acreage
0.24
County
Los Angeles
Area
C17 - Mid-Wilshire
Interior Details
- Bedrooms: 12
- Bathrooms: 7 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Front Yard,No Land Lease
- Garage Capacity: 3 car
- Parking Spaces: 9
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
- Parking Features: Driveway,Garage,One Space
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5520009005
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
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Questions About..
525 N Kenmore Ave Los Angeles, CA 90004
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