1428 N Kenmore Avenue

    Los Angeles (City), CA 90027
    • $1,750,000
    • STATUS: Active
    • ON SITE: 85 days
    • ID#: 20561768
    UPDATED: 66 min ago
    $1,750,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1914
    County:

    School Ratings & Info

    Description

    Pleased to present a fantastic opportunity to purchase a 3 unit multifamily home in central location of Hollywood. The options are endless with this value-add multi-family home. Existing three units situated on 6757 sf R2 zoned lot which allows for a new development of 4 unit apartment building by right. Take advantage of the density bonus and build up to 7 units by exercising TOC Tier 3 guidelines. The plans have been submitted to the City for review & are in plan check. (Buyer to Verify) Plans call for a development of 1-A type construction. Unit mix is : Two 1 Bedroom + 1 Den + 1 & Five 2 Bedroom + 2 Baths. Key area employers include Kaiser Permanente LA Medical Center , Children's Hospital Los Angeles , Paramount Pictures , and CBS Television City.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-31T12:25:01.677. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.

    www.inlandempiresold.com/homes/103931509

    1428 N Kenmore Avenue Los Angeles (City), CA 90027

    • Price: $1,750,000
    • Status: Active
    • Updated: 66 min ago
    • ID#: 20561768
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    1914
    Built
    Neighborhood:
    C20 - Hollywood
    County:
    Los Angeles
    Area:
    C20 - Hollywood
    Property Description
    Pleased to present a fantastic opportunity to purchase a 3 unit multifamily home in central location of Hollywood. The options are endless with this value-add multi-family home. Existing three units situated on 6757 sf R2 zoned lot which allows for a new development of 4 unit apartment building by right. Take advantage of the density bonus and build up to 7 units by exercising TOC Tier 3 guidelines. The plans have been submitted to the City for review & are in plan check. (Buyer to Verify) Plans call for a development of 1-A type construction. Unit mix is : Two 1 Bedroom + 1 Den + 1 & Five 2 Bedroom + 2 Baths. Key area employers include Kaiser Permanente LA Medical Center , Children's Hospital Los Angeles , Paramount Pictures , and CBS Television City.
    Exterior Features

    Lot Size Units Square Feet Parking Features None Parking YN No Pool Features None Pool Private YN No

    Interior Features

    Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

    Property Features

    Gross Income 24000.00 Gross Multiplier 0.00 Gross Operating Income 0.00 Land Lease YN No Net Operating Income 0.00 Property Condition Fixer Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Total Expenses 0.00 Vacancy Allowance Rate 0.00 Zoning Lard2

    Listing provided courtesy of Karl Markarian of Keller Williams Studio City


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-31T12:25:01.677. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Empire Properties. Licensed in the State of California, USA.

     
    RE/MAX Empire Properties
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    Hemet CA, 92545