2610 Kenwood Avenue

Los Angeles, CA 90007

$3,895,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $555 / sqft

1924

calendar_month Built

Property Description

2610 Kenwood is a fully renovated apartment building, inside and out. Some of the upgrades include a new roof, new windows, new copper plumbing, and new electrical system. Due to the true in-place cap rate of 5.98%, the property is eligible for attractive financing at 65% Loan-to-Value (LTV), requiring only 35% down payment. This allows investors a lower cost of entry than most other apartment buildings in Los Angeles. Centrally located in the dense rental markets of Mid City, Koreatown and Pico-Union, this fully renovated building stands as a prime turn key asset for investors looking to secure stable cash flow and a less management intensive property. The building is fully occupied, so PLEASE DO NOT DISTURB THE TENANTS!!

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Interior Information
Cooling Type None

Listing Information

Address 2610 Kenwood Avenue
City Los Angeles
State CA
Zip 90007
County Los Angeles
Listing Agent Chase Simonton DRE#01766871
Courtesy Of RE/MAX One
MLS 24373541
List Price $3,895,000
Status Active
Type Residential Income
Structure Size N/A
Lot Size 10,714
Year Built 1924
DOM 8

Exterior Information

Maps

Listing information courtesy of: Chase Simonton, RE/MAX One . *Based on information from the Association of REALTORS/Multiple Listing as of Apr 4th, 2024 at 5:11 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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. Properties may or may not be listed by the office/agent presenting the information.