NOT LISTED FOR SALE

401 S Kenmore Ave Los Angeles, CA 90020

Koreatown Neighborhood
6 Beds
8 Baths
26,640 Sq Ft
7,809 Sq Ft Lot

Last Sold May 29, 2015

Last sale price $5,950,000 $223 Per Sq Ft

1 Day on Market

Highlights

  • Dual Staircase
  • Sundeck
  • Crown Molding
  • UCLA Community School Rated A-
  • Intercom
  • Open Patio

About This Home

As of May 2015

401 S. Kenmore Avenue is a beautiful example of the Beaux Arts style popular in 1920s Los Angeles. The property is located in prime Mid-Wilshire/Koreatown between 3rd and 6th Streets. Over half of the units have been renovated with refinished hardwood flooring, exposed brick walls, new kitchen cabinetry/countertops, new appliances, new lighting and upgraded plumbing fixtures. Updates to the common area include a period-correct renovation of the lobby and halls along with a modern call box entry system. The building is master metered for water, gas, and electricity and currently has a leased laundry facility. This is a stabilized, institutional-quality asset positioned for annual growth in rents and appreciation as the Koreatown area continues to gentrify.

Last Listed By

Adam Peterson

CB Richard Ellis, Inc. License #01815802 Listed on: 02/19/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 7,809 Sq Ft Lot
  • Lot Dimensions are 50x155

Interior Spaces

  • 26,640 Sq Ft Home
  • 4-Story Property
  • Elevator
  • Dual Staircase
  • Crown Molding
  • Intercom

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 8 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Additional Features

  • Open Patio
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • The owner pays for electricity, gas, water
  • Assessor Parcel Number 5502-013-009

Community Details

Security

  • Resident Manager or Management On Site
  • Controlled Access

Additional Features

  • 48 Units
  • Sundeck

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: The Wilshire Apartments
  • Living Area: 26640
  • Lot Dimensions: 50x155
  • Stories: 4
  • Year Built: 1927
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: 2 Staircases, Crown Moldings, Elevator, Intercom
  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Room
  • Laundry Equipment: Lease
  • Total Bathrooms: 8.00
  • Den: 0
  • Equipment: Intercom
  • Price Per S Q F T: 223.35

Exterior Features

  • Tennis Court Y/N: No
  • Patio: Patio Open
  • Pool: No
  • View: No

Utilities

  • Heating: Wall Gas

Association/Amenities

  • Amenities: Controlled Access, Elevator, Onsite Property Management, Sun Deck

Lot Info

  • Assessor Parcel Number: 5502-013-009
  • Geocode Override: No
  • Lot Size Area: 7809

Rental Info

  • Owner Pays: Electricity, Gas, Water

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 11.13
  • Number Of Units: 48
  • Rent Control: 100
  • Total Annual Expense: 214182
  • Type Of Units: Apartments
  • Vacancy Rate: 0

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2015 05/29/15 Sold $5,950,000 0.0% $223 / Sq Ft
02/20/2015 02/20/15 Pending -- -- --
02/19/2015 02/19/15 For Sale $5,950,000 -- $223 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Adam Peterson

    Seller's Agent in 2015

    Adam Peterson

    CB Richard Ellis, Inc.

    (310) 954-7031

    2 in this area

    14 Total Sales

    Adam Peterson
    Section Image
  • Charles Dunn

    Buyer's Agent in 2015

    Charles Dunn

    NAI Capital, Inc.

    (213) 447-8266

    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 15-880887

The MLS

California Los Angeles County Los Angeles 90020 Koreatown

401 S Kenmore Ave, Los Angeles, CA

Homes for Sale in Los Angeles, CA

This home is located at 401 S Kenmore Ave, Los Angeles, CA 90020 since 19 February 2015. This property was built in 1927. 401 S Kenmore Ave is a home located in Los Angeles County with nearby schools including UCLA Community School, Young Oak Kim Academy, and Rfk Community Schools-Ambassador-Global Leadership.

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