1200 N Kenmore Avenue, Los Angeles, California 90029, Los Angeles, 90029 - bed, bath

1200 N Kenmore Avenue, Los Angeles, California 90029 home-pic-0
ACTIVE$1,399,000
1200 N Kenmore Avenue, Los Angeles, California 90029
0Bed
0Bath
5,128Sqft
7,002Lot
Year Built
1946
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
$273
HOA
-
Days on market
-
Sold On
-
MLS number
SR25186453
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.40M(50th), sqft - 5128(50th), beds - undefined(50th), baths - undefined(50th).

Welcome to 1200 N. Kenmore Ave, a well-maintained six-unit multifamily property situated on a desirable corner lot offering a prime investment opportunity in the heart of East Hollywood. This two-story gated building spans 5,128sqft. on a generous 7,000sqft. lot, featuring 2 - 2 bedrooms, 2 - 1 bedroom and 2 studios with 6 bathrooms in total. All six units are currently leased to long-term tenants who pay on time and maintain their homes with care, making this a truly turnkey investment. The property is in good condition with updated units, minimizing maintenance concerns for the next owner. Additional highlights include garage and carport parking for up to 8 vehicles, a valuable amenity in this high demand urban neighborhood. Built in 1946, the property offers a solid structure with modernized interiors that support both stability and growth potential. Ideally situated near schools, shops, restaurants, and just minutes from the Metro B Line, this property provides tenants with convenience and accessibility while offering investors steady cash flow and strong appreciation potential. Perfect for investors seeking a turnkey, fully occupied property with dependable tenants and minimal headaches. Don’t miss this rare opportunity to acquire a stable, income-producing property in one of Los Angeles’ most vibrant rental markets.

Nearby schools

3/10
Ramona Elementary School
Public,K-60.2mi
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-60.6mi
7/10
Los Feliz STEMM Magnet
Public,K-60.7mi
6/10
Dayton Heights Elementary School
Public,K-51.0mi
4/10
Grant Elementary School
Public,K-61.0mi
4/10
Alexandria Avenue Elementary School
Public,K-51.1mi
3/10
Harvard Elementary School
Public,K-51.2mi
6/10
Van Ness Avenue Elementary School
Public,K-51.4mi
7/10
Dr. Sammy Lee Medical And Health Science Magnet Elementary
Public,K-51.4mi
4/10
Frank Del Olmo Elementary School
Public,K-61.5mi
5/10
Cahuenga Elementary School
Public,K-51.7mi
6/10
Charles H. Kim Elementary School
Public,K-51.7mi
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,6-81.4mi
4/10
Young Oak Kim Academy
Public,6-82.2mi
7/10
John Burroughs Middle School
Public,6-83.1mi
4/10
Helen Bernstein High School
Public,9-120.9mi
8/10
John Marshall Senior High School
Public,9-121.5mi
3/10
Rfk Community Schools-Ambassador-Global Leadership
Public,6-122.4mi
4/10
Rfk Community Schools-Los Angeles High School Of The Arts
Public,9-122.4mi
5/10
Rfk Community Schools- For The Visual Arts And Humanities
Public,9-122.4mi
6/10
Hollywood Senior High School
Public,9-122.4mi
3/10
Belmont Senior High School
Public,9-123.0mi
7/10
Fairfax Senior High School
Public,9-123.7mi

Price History

Date
Event
Price
08/18/25
Listing
$1,399,000
Condition Rating
Fair

The property, built in 1946, is described as 'well-maintained' with 'updated units' and 'modernized interiors.' While the hardwood floors appear to be in good condition, the kitchen and bathrooms are significantly outdated. The kitchen features basic white cabinets, tiled countertops, and a lack of built-in appliances (only a newer refrigerator is visible). The bathroom is characterized by distinct pink tiles and an older vanity, indicating renovations that likely occurred 15-30 years ago rather than recently. These key areas require substantial updates to meet current aesthetic and functional standards, aligning with the 'Fair' condition criteria for an aged but maintained property with outdated major components.
Pros & Cons

Pros

Turnkey Investment & Full Occupancy: All six units are currently leased to long-term, dependable tenants who pay on time and maintain their homes, making this a truly turnkey, fully occupied investment with minimal headaches.
Prime East Hollywood Location: Situated on a desirable corner lot in the heart of East Hollywood, offering excellent convenience and accessibility near schools, shops, restaurants, and minutes from the Metro B Line.
Strong Investment Potential: The property is positioned to offer investors steady cash flow and strong appreciation potential in one of Los Angeles' most vibrant rental markets.
Ample Parking: Includes garage and carport parking for up to 8 vehicles, a highly valuable amenity in this high-demand urban neighborhood where parking is often scarce.
Well-Maintained & Updated Units: The property is well-maintained and in good condition with updated units, minimizing immediate maintenance concerns for the next owner.

Cons

Age of Building (1946): While units are updated and the structure is solid, the 1946 construction year suggests potential for future capital expenditures on original building systems (e.g., plumbing, electrical, roof) not explicitly detailed as modernized.
Lack of Specific Financials: The description highlights 'steady cash flow' but does not provide specific current rental income, expenses, or a cap rate, which are crucial for a comprehensive investment analysis.
Potential Rent Control Limitations: As a 6-unit property built in 1946 in Los Angeles, it is highly likely subject to the city's Rent Stabilization Ordinance (RSO), which could limit rent growth and tenant turnover flexibility, especially with existing long-term tenants.

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