We are pleased to present a five-unit multifamily opportunity in the East Hollywood neighborhood of Los Angeles. Located just north of Santa Monica Boulevard, 1130 North Kenmore Avenue is comprised of a duplex at the front of the lot and a separate triplex in the rear. Built in 1920, the duplex consists of a three bed/one-and-a-half bath townhouse and a two-bed/one-bathroom flat unit. The triplex in the rear was built in 1950 and is comprised of three, one-bed/one-bath units and one non-conforming single unit. The property is gated and the lot allows for five on-site parking spaces as well as some common areas that can be utilized in an effort to add value and increase rents. With current rents at below market levels, 1130 North Kenmore provides an astute investor with the ability to add-value through both exterior and interior renovations along with increasing rents when the opportunity arises.
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