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$ 4,500,000
Est. payment | /mo
18,576 SqFt
$ 4,500,000
Est. payment | /mo
18,576 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 18,576 sqft
Price per Sqft $242
MLS Listing ID CL26850625
HOA Y/N No
Year Built 1923
Lot Size 0.353 Acres
Acres 0.353
Property Sub-Type Other
Property Description
***MAY BE PURCHASED INDIVIDUALLY OR IN COMBINATION WITH ANY OR ALL OF 3333 4TH ST, 601 N ROSSMORE, 1311 INGRAHAM & 508 S HOBART*** 100 & 112 N Kenmore Ave is a 34-unit apartment building constructed in 1923, plus an additional adjacent parcel, located in the highly desirable Hancock Park / Koreatown area of Los Angeles. The property reflects classic early 20th-century architecture and offers a well-scaled residential footprint within a strong neighborhood setting. The units average approximately 540 square feet and are primarily studios designed to serve the area's deep renter pool. The building is complemented by detached garages and a separate parcel currently utilized for parking (112 N Kenmore Ave), providing functional on-site parking in a submarket where it is increasingly valuable. The property is situated in a highly attractive residential pocket known for its tree-lined streets, proximity to Hancock Park, and immediate access to the amenities of Koreatown and Larchmont Village. The neighborhood offers a balanced mix of established residential character and urban convenience. Residents benefit from excellent connectivity, with nearby Metro rail stations and major thoroughfares providing efficient access to Downtown Los Angeles, Hollywood, Mid-Wilshire, and surrounding employment centers. The area is also supported by a wide range of dining, retail, and cultural destinations, along with nearby open space including Robert L. Burns Park and larger regional parks within a short drive. From an investment perspective, 100 & 112 N Kenmore Ave presents meaningful rental upside potential through strategic unit improvements and operational enhancements. The separate parking parcel creates additional optionality, including the ability to optimize parking revenue or explore future redevelopment opportunities consistent with zoning and market demand. With its central location, strong residential setting, and clear pathways for value creation, the property offers both stable in-place income and long-term development potential in one of Los Angeles' most supply-constrained rental markets.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 5518019009
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Listed by Robert Renshaw • REMAX COMMERCIAL & INVESTMENT REALTY
NEARBY SCHOOLS & PROPERTIES
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