$2,600,000

1246 N Kenmore Ave, Los Angeles, CA 90029

5,502 sqft

Multi-Family Home
Built in 1926
8,991sqft lot
—— car garage
$473/sqft
Listed 2 months ago

Property 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.

Listing Status:: Active
Date Added:: April 14, 2026
Data Last Updated:: June 14, 2026 at 3:18AM
Listing Office:: Rise Realty : 866-344-7473
Listing Agent:: Surin Poommai : 866-344-7473
MLS ID:: SR26079848

Laundry: None

General: 2

Originating MLS: CRMLS_CRM
County: Los Angeles

Zoning: LARD1.55540010012

Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
Water: Public

Source: CRMLS_CRM

This listing courtesy of Surin Poommai , Rise Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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