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101 N Kenmore Ave
Los Angeles, CA 90004 Koreatown

$1,700,000 USD

Apartments For Sale • 9,172 SF

Property Details

Property Type Apartments
Total Building Size 9,172 SF
Lot Size 0.17 AC
Building Class C
Year Built 1925
Zoning LAR3

80 Transit Score

80 Walk Score

                
                    Highlights
                
                                8-unit value-add opportunity in Melrose Hill, positioned between Larchmont Village, Koreatown, and the 6th Street corridor surrounding Chapman Market.
                            
                                Offered at $1,700,000, representing $212,500 per unit and $221 per square foot with a 6.44% CAP and 9.82 GRM on current rents.
                            
                                Approximately 25% rental upside with a projected 8.95% CAP and 7.84 GRM upon stabilization.
                            
                                1925 Spanish-style building featuring a gated courtyard entry, decorative tilework, and original architectural character throughout.
                            
                                Detached rear garage presents potential ADU opportunity, subject to buyer verification.
                            
                                Located in a high-demand Mid-City rental pocket supported by proximity to Paramount Studios, Wilshire/Western, and surrounding retail corridors.

Property Flyers

OM_101NKenmore_03.23.26

Public Transportation

Commuter Rail	Drive	Walk	Distance
	8 min	-	4.3 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	11 min	-	4.4 mi
Transit/Subway	Drive	Walk	Distance
Vermont/Beverly Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	10 min	0.5 mi
Wilshire/Normandie Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro))	3 min	19 min	1.0 mi
Wilshire/Vermont Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro))	3 min	20 min	1.1 mi
Airport	Drive	Walk	Distance
Bob Hope	22 min	-	11.6 mi
Los Angeles International	27 min	-	14.4 mi
Long Beach (Daugherty Field)	37 min	-	24.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	8
Type:	Surface
Included in Rent:	Yes

Kenny Stevens 310-968-7005 Compass

101 N Kenmore Ave Los Angeles, CA 90004 Koreatown

$1,700,000 USD

Property Details

Highlights

Property Flyers

Public Transportation

Parking Details

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101 N Kenmore Ave
Los Angeles, CA 90004 Koreatown