1108 N Kenmore Avenue, Los Angeles, California 90029, Los Angeles, 90029 - bed, bath

1108 N Kenmore Avenue, Los Angeles, California 90029 home-pic-0
ACTIVE$1,999,900
1108 N Kenmore Avenue, Los Angeles, California 90029
0Bed
0Bath
2,639Sqft
8,253Lot
Year Built
1919
Close
-
List price
$2M
Original List price
$2.1M
Price/Sqft
$758
HOA
-
Days on market
-
Sold On
-
MLS number
SR25012065
Home ConditionPoor
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $2.00M(50th), sqft - 2639(50th), beds - undefined(50th), baths - undefined(50th).

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.

Nearby schools

3/10
Ramona Elementary School
Public,K-60.1mi
5/10
Kingsley Elementary School
Public,K-50.3mi
/10
Lexington Avenue Primary Center
Public,K-20.5mi
4/10
Lockwood Avenue Elementary School
Public,K-60.5mi
7/10
Los Feliz STEMM Magnet
Public,K-60.8mi
6/10
Dayton Heights Elementary School
Public,K-50.8mi
4/10
Alexandria Avenue Elementary School
Public,K-50.9mi
3/10
Harvard Elementary School
Public,K-51.1mi
4/10
Grant Elementary School
Public,K-61.1mi
7/10
Dr. Sammy Lee Medical And Health Science Magnet Elementary
Public,K-51.3mi
4/10
Frank Del Olmo Elementary School
Public,K-61.3mi
6/10
Van Ness Avenue Elementary School
Public,K-51.3mi
5/10
Cahuenga Elementary School
Public,K-51.5mi
6/10
Charles H. Kim Elementary School
Public,K-51.6mi
6/10
Thomas Starr King Middle School
Public,6-81.0mi
3/10
Joseph Le Conte Middle School
Public,6-81.2mi
5/10
Virgil Middle School
Public,6-81.2mi
4/10
Young Oak Kim Academy
Public,6-82.0mi
7/10
John Burroughs Middle School
Public,6-83.0mi
4/10
Helen Bernstein High School
Public,9-121.0mi
8/10
John Marshall Senior High School
Public,9-121.6mi
3/10
Rfk Community Schools-Ambassador-Global Leadership
Public,6-122.2mi
4/10
Rfk Community Schools-Los Angeles High School Of The Arts
Public,9-122.2mi
5/10
Rfk Community Schools- For The Visual Arts And Humanities
Public,9-122.2mi
6/10
Hollywood Senior High School
Public,9-122.4mi
3/10
Belmont Senior High School
Public,9-122.8mi
7/10
Fairfax Senior High School
Public,9-123.7mi

Price History

Date
Event
Price
10/28/25
Price Change
$1,999,900
01/16/25
Listing
$2,099,900
Condition Rating
Poor

Built in 1919, this property is over 100 years old. While some interior flooring appears updated, the kitchen features dated light wood cabinets and older white appliances, likely 15-30 years old. There is no central HVAC, relying on wall-mounted heaters, indicating a significant lack of modern comfort systems. The exterior shows considerable wear and tear, and the overall condition suggests substantial rehabilitation is required to meet contemporary living standards. The listing description itself points to redevelopment as the 'highest and best use,' implying the existing structures are not considered valuable for long-term residential use in their current state, despite being currently occupied.
Pros & Cons

Pros

Exceptional Development Potential: The property is zoned C-2 commercial with a substantial 8,253 sqft lot, identified for its 'highest and best use' as multi-residential development, with potential for 12-16 units in a rapidly transforming Hollywood neighborhood.
Strategic Location & Transit-Oriented: Located in the heart of Hollywood, just a quarter-mile from the Santa Monica/Vermont Metro Rail Station, providing excellent access to public transportation, Los Angeles City College (LACC), shopping, and local amenities.
Mixed-Use Income Generation: Currently configured with a street-level retail storefront and two residential units in the rear, offering immediate and diversified income streams for an owner-operator or investor.
Flexible Tenancy: Existing rental units are on a month-to-month basis, providing flexibility for a new owner to continue leasing, occupy, or proceed with redevelopment plans without long-term tenant commitments.
State Enterprise Zone Benefits: The property's location within a State Enterprise Zone may offer potential tax incentives or other economic benefits, enhancing its overall investment appeal.

Cons

Age of Existing Structures: Built in 1919, the current buildings are likely to require significant capital investment for modernization, maintenance, or complete demolition if pursuing the highest and best use of redevelopment.
Development Potential Requires Verification: The stated potential for building 12-16 units is an estimate and 'must verify with local city ordinance,' introducing uncertainty and requiring extensive due diligence by a prospective developer.
Lack of Condition Details: The listing description focuses on development potential rather than the current condition or recent upgrades of the existing units, which, given the property's age, could imply deferred maintenance or outdated features.

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