We are pleased to present 205 N Kenmore Ave, a 31-unit multifamily investment opportunity in the Koreatown neighborhood of Los Angeles located between Beverly Blvd & 1st St. The property features a unit mix of 31 singles; renovated units include refinished floors, updated appliances, tile bathrooms, new cabinetry, and ceiling fans. At the asking price, the property is being offered at a 6.37% CAP rate at 9.35 GRM on current income with an additional 13% rental upside achievable as units turn through continued interior renovations. The property has professional landscaping and a secured, gated entrance with intercom access and security cameras; significant cap ex has been invested by ownership into the systems and common areas including new security camera system, solar thermal panels, storage tank, common area paint, and new intercom. The building is separately metered for electricity and has an on-site laundry room with three washers and two dryers (lease with Dadson). High Walk Score of 87, the property is walking distance to the Metro Red & Purple Rail Lines, and Metro Local Lines along Beverly Blvd & 1st St. This neighborhood of Koreatown is ideally located with a short commute to Downtown Los Angeles, Hollywood, and Mid-City.
Property Details
Property Features
Property Information:
Year Built: 1925
Stories: 3
Living Area: 15,408 SqFt
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (310) 909-5500
Listing Agent: Neema Ahadian
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 30
Exterior Features
Parking Information:
Parking: None
Lot Features
Lot Information:
Lot Size: 0.17 Acres
Utilities
Utilities Information:
Heating: None
Cooling: None
Other
Directions Information:
Directions: South of Beverly Blvd
Price Information
Listing Price Info
Price Summary:
List Price: $4,950,000
Price Per SqFt: $321/SqFt
Tax Information:
Annual Amount: $63,447
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $3.9M more than the Median Sold Price and $320/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #25477473
Listing Office:
Office Name: Marcus & Millichap
Office Phone: (310) 909-5500
Listing Agent: Neema Ahadian
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 1/9/2025, 3:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Feb 09, 2015
Feb 09, 2015Home Sold
$3,200,000
Aug 19, 2014
Aug 19, 2014Home Sold
$2,950,000
Oct 03, 2005
Oct 03, 2005Home Sold
$2,400,000
Feb 24, 1997
Feb 24, 1997Home Sold
$280,000
May 31, 1991
May 31, 1991Home Sold
$186,500
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$63,447
$5,230,043
2020
$61,565
$5,173,388
2019
$61,430
$5,071,950
2018
$41,439
$4,972,500
2017
$41,439
$3,313,775
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$24.7K
Per Month
Principal & Interest
$24.7K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$14.9K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Frank Del Olmo Elementary School
100 N New Hampshire Ave
Distance between this listing and this school0.25 miles
Public District Grades KG-5
6
/10
Alexandria Elementary School
4211 Oakwood Ave
Distance between this listing and this school0.28 miles
Public District Grades KG-5
5
/10
Harvard Elementary
330 N Harvard Blvd
Distance between this listing and this school0.47 miles
Public District Grades KG-5
Nearby Schools
5
/10
Virgil Middle School
152 N Vermont Ave
Distance between this listing and this school0.32 miles
Public District Grades 6-8
3
/10
Camino Nuevo Charter Academy #2
3400 W 3rd St
Distance between this listing and this school0.59 miles
Public Charter Grades KG-8
3
/10
Young Oak Kim Academy
615 Shatto Pl
Distance between this listing and this school0.86 miles
Public District Grades 6-8
Nearby Schools
7
/10
Central City Value
221 N Westmoreland Ave
Distance between this listing and this school0.48 miles
Public Charter Grades 9-12
7
/10
Camino Nuevo High #2
3500 W Temple St
Distance between this listing and this school0.65 miles
Public Charter Grades 9-12
4
/10
New Village Girls Academy
147 N Occidental Blvd
Distance between this listing and this school1.00 miles
The neighbors living near this home have an average income of $29,063. Residents of Los Angeles, CA typically earn less than $35k each year. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 205 N Kenmore Ave
What is the listing price of this property?
The listing price of 205 N Kenmore Ave property is $4,950,000.
What type of property is this?
The property 205 N Kenmore Ave is a house located in Los Angeles, California, 90004.
Is this property for sale now?
Active Listing: 205 N Kenmore Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $63,447 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on February 9, 2015 for $3,200,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 205 N Kenmore Ave has 30 bedrooms and 30 bathrooms.
What is the square footage of this property?
The property 205 N Kenmore Ave is 15,408 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 205 N Kenmore Ave is 1925.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 205 N Kenmore Ave in Los Angeles, CA and zip code 90004 in the Central LA neighborhood. This 15,408 square foot home, which was built in 1925, sits on a 0.17 acre lot. Features: 30 bedrooms, 30 bathrooms. It has been listed on Rocket Homes since January 07, 2025 and is currently priced at $4,950,000.
In December 2024 more than 524 listings in Los Angeles, CA were sold above the asking price. During the same period more than 203 listings were sold at asking price, while more than 740 were sold below. The number of listings in Los Angeles, CA decreased by 5.3% between November 2024 and December 2024. The median list price of listings available in December 2024 was $1,026,634, while the average time on the real estate market was 41 days.
From Rocket Homes Real Estate and based on county public records data.