$ 2,099,900
-
$2,099,900
Price -
3
Bed -
3
Bath -
2,639
SqFt
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About the Listing FF7000263 - F660099208
This property is in the heart of Hollywood, surrounded with single family homes, apartment complexes and mom and pop businesses, situated within one-quarter mile from Santa Monica / Vermont Metro Rail Station with easy access to transportation, shopping, schools including Los Angeles City College (LACC), most within walking distance. Property is zoned C-2 commercial and includes three (3) units, Retail Store front at street level plus two (2) Residential units in the rear, while current owner lives in one of the units, the store front and the other residential unit is rented, both rentals are on a month-to-month basis, owners resident can also be rented for additional income. Property is within a State Enterprise Zone, while this property would be (1) perfect for a family who has a small mom & pop business to live in one of the rear units, lease out the other residential unit and operate their retail business from the store front or (2) ideal for an investor who can lease all three units and collect rent, but (3) the highest and best use would be develop the property into multi-residential units, this is a great developer opportunity for this fast changing Hollywood location from single family homes into brand new multi-unit apartment complexes with all the latest home features. Driving around this property, one can’t but notice that there are many brand new complexes that have popped up near and all around the area, I counted about 15 such properties within less than half a mile radius, five of them being on the same block with the rest just a block or two over on either side, there may be the potential of building 12 – 16 units on the subject property, must verify with local city ordinance.
Listing Highlights for 1108 N Kenmore Ave
Status
Active
Days on Site
231
Property Type
Multi-Family
MLS ®
SR25012065
Year Built
1919
Total Square Footage
2,639
Lot/Acreage
0.19
County
Los Angeles
Area
C20 - Hollywood
Interior Details
- Bedrooms: 3
- Bathrooms: 3 Full
- Appliances: Gas Range, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Water Heater
- Air Cond:
- Heating: Natural Gas,Wall Furnace
- Fireplaces:
- Floor: Laminate,Tile,Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Formica Counters,Laminate Counters,Open Floorplan
- Water: Public,See Remarks
Exterior Details
- Lot Description: Back Yard,Lot 6500-9999,Rectangular Lot,Level,Near Public Transit,Paved,Walkstreet,No Land Lease
- Garage Capacity: 2 car
- Parking Spaces: 6
- Zoning: LAC2
- Roof: Composition,Shingle
- Others: Lighting,Second Garage Detached,2+ Total Units
- Sewer: Public Sewer,Sewer Paid
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5540028008
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
1108 N Kenmore Ave Los Angeles, CA 90029
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