1417 N Kenmore Avenue, Los Angeles, California 90027, Los Angeles, 90027 - bed, bath

1417 N Kenmore Avenue, Los Angeles, California 90027 home-pic-0
ACTIVE$1,575,000
1417 N Kenmore Avenue, Los Angeles, California 90027
0Bed
0Bath
3,505Sqft
6,899Lot
Year Built
1916
Close
-
List price
$1.57M
Original List price
$1.57M
Price/Sqft
$449
HOA
-
Days on market
-
Sold On
-
MLS number
IG25056270
Home ConditionGood
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.57M(86th), sqft - 3505(86th), beds - undefined(43th), baths - undefined(43th).

For Sale: 1417 N Kenmore Avenue, Los Angeles – Motivated Seller! Cash for Keys Option Available! Submit Your Offer Today! This fully renovated two-building triplex is a rare find, offering the perfect blend of modern upgrades and prime location in Los Angeles! Renovated from the ground up with all work completed with proper permits, this property offers a fantastic opportunity for homeowners, investors, and developers alike. Property Highlights: Front Unit (Single-Story): 3 Bedrooms, 2 Bathrooms Back Building: Downstairs Unit: 2 Bedrooms, 1 Bathroom Upstairs Unit: 2 Bedrooms, 1 Bathroom Each unit features its own gas and electric meters In-unit laundry hookups for added convenience Ideal Location: This property offers an unbeatable location just minutes from some of LA's most iconic attractions, including the Walt Disney Concert Hall, Hollywood Bowl, and Dodger Stadium – all within a 10-minute drive! Kaiser Hospital on Sunset is also within walking distance, offering easy access to essential services. Whether you're looking for a new place to call home, a smart investment, or a development project, this property is a must-see. Don’t miss out on the chance to own a piece of prime Los Angeles real estate with excellent income potential!

Price History

Date
Event
Price
03/14/25
$1,575,000
Condition Rating
Good

The property is described as 'fully renovated from the ground up,' and the front unit appears to be extensively updated with modern finishes, including hardwood floors, contemporary lighting, and updated bathrooms. However, the kitchen in the back building unit (as seen in Image 10) features light wood cabinets and tiled countertops, which appear to be an older style of renovation, likely 15-20 years old, rather than 'new or virtually new.' While the property is move-in ready and well-maintained, this discrepancy in kitchen modernity across units prevents it from achieving an 'Excellent' score, aligning it more with a 'Good' rating where some components may be updated but not necessarily a full recent renovation across all units.
Pros & Cons

Pros

Multi-Unit Income Potential: As a two-building triplex, the property offers significant income potential with three distinct units, appealing strongly to investors and owner-occupants seeking rental revenue.
Extensive & Permitted Renovation: The property has been 'fully renovated from the ground up with all work completed with proper permits,' suggesting substantial, compliant, and recent upgrades.
Prime Los Angeles Location: Its 'unbeatable location' is minutes from iconic LA attractions and within walking distance to Kaiser Hospital, offering high desirability and convenience.
Individual Utility Metering: Each unit features its own gas and electric meters, a crucial advantage for landlords as it simplifies tenant billing and maximizes net operating income.
Broad Buyer Appeal: The property is positioned as a 'fantastic opportunity for homeowners, investors, and developers alike,' broadening its market appeal and potential buyer pool.

Cons

Seller Motivation & 'Cash for Keys': The phrases 'Motivated Seller' and 'Cash for Keys Option Available' often indicate potential underlying issues, such as challenging tenant situations or a distressed sale, which could complicate the acquisition process.
Historic Property Age: Despite extensive renovations, the original build year of 1916 means the underlying structure is over a century old, potentially raising concerns about foundational integrity or unseen infrastructure not covered by the renovation.
Lack of Detailed Renovation Scope: While 'fully renovated' is stated, the description lacks specific details on major system upgrades (e.g., new roof, plumbing, electrical, HVAC), which may lead to buyer uncertainty and require thorough due diligence.

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