Sold for $900,000

Listed by: Keller Williams Beach Cities • Alex Carranza • Contact: 310-939-9300

Bought with: Keller Williams Beach Cities

$900,000

427 N Kenmore Ave, Los Angeles, CA 90004

6beds

3baths

2,641sqft

Triplex

Built in 1922

-- sqft lot

$1,052,000 Zestimate^®

$341/sqft

$2,908 Estimated rent

Home value

$1,052,000

$905,000 - $1.22M

$2,908/mo

Zestimate^® history

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$5,757/mo

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$5,757/mo

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What's special

Echo park

BOM. Pleased to present 427 N Kenmore Ave. This property grants a development and/or an income generating investment opportunity. Own a value-add investment in prime Mid-Wilshire. The property is composed of two separate building structures that contain (3) three spacious 2 bed / 1 bath units. Each of these units have their own private outdoor access and are well maintained. Two of these units come equipped with a washer and dryer set-up. The subject property is zoned R3 with a Tier 3 TOC bonus. It is also located in an opportunity zone, giving developers both tax and density incentives to build additional units. This property is less than 5 miles from The Grove and Downtown LA, 3 miles from Koreatown & Echo Park, and has easy access to public transportation. Showing by appointment only.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3

Appliances

Laundry: Outside

Features

Common walls with other units/homes: 1 Common Wall

Interior area

Total structure area: 2,641
Total interior livable area: 2,641 sqft

Property

Parking

Total spaces: 6
Parking features: Garage
Garage spaces: 2
Uncovered spaces: 4

Features

Levels: One
Stories: 1
Pool features: None

Lot

Size: 7,351 Square Feet
Features: 0-1 Unit/Acre

Details

Parcel number: 5520015009
Zoning: LAR3
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex
Attached to another structure: Yes

Condition

New construction: No
Year built: 1922

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Curbs, Sidewalks

Location

Region: Los Angeles

Financial & listing details

Price per square foot: $341/sqft
Tax assessed value: $918,000
Annual tax amount: $11,421
Date on market: 2/13/2023
Cumulative days on market: 256 days
Listing terms: Submit
Tenant pays: All Utilities

Price history

Date	Event	Price
1/24/2024	Sold	$900,000-18.2%$341/sqft
Source: CRMLS #SR23022507 Report a problem
1/24/2024	Pending sale	$1,100,000$417/sqft
Source: CRMLS #SR23022507 Report a problem
10/30/2023	Contingent	$1,100,000$417/sqft
Source: CRMLS #SR23022507 Report a problem
9/27/2023	Price change	$1,100,000-4.3%$417/sqft
Source: CRMLS #SR23022507 Report a problem
6/12/2023	Price change	$1,150,000-4.2%$435/sqft
Source: CRMLS #SR23022507 Report a problem
3/10/2023	Listed for sale	$1,200,000$454/sqft
Source: CRMLS #SR23022507 Report a problem
5/6/2021	Listing removed	--
Source: Keller Williams Report a problem
3/31/2021	Listed for sale	$1,200,000-4%$454/sqft
Source: Keller Williams #SR21066019 Report a problem
10/28/2020	Listing removed	$1,250,000$473/sqft
Source: James Capital Advisors, Inc. #19524854 Report a problem
2/25/2020	Price change	$1,250,000-7.4%$473/sqft
Source: James Capital Advisors, Inc. #19524854 Report a problem
11/12/2019	Price change	$1,350,000-5.6%$511/sqft
Source: James Capital Advisors, Inc. #19524854 Report a problem
10/29/2019	Price change	$1,430,000+3%$541/sqft
Source: James Capital Advisors, Inc. #19524854 Report a problem
3/22/2019	Listed for sale	$1,388,000$526/sqft
Source: Community Realty #19445684 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$11,421 +190.8%	$918,000 +222.9%
2024	$3,927 +1.7%	$284,324 +2%
2023	$3,863 +4.3%	$278,750 +2%
2022	$3,703 +1.6%	$273,285 +2%
2021	$3,643 -0.8%	$267,928 +1%
2020	$3,674	$265,182 +2%
2019	$3,674 +8%	$259,984 +2%
2018	$3,402	$254,888 +2%
2017	$3,402 +2%	$249,891 +2%
2016	$3,335 +3.1%	$244,992 +1.5%
2015	$3,234 +0.3%	$241,313 +2%
2014	$3,223	$236,587 +4.5%
2011	--	$226,375 +0.8%
2010	--	$224,684 -0.2%
2009	--	$225,219 +2%
2008	--	$220,804 +2%
2007	--	$216,476 +2%
2006	--	$212,233 +4%
2004	--	$203,994 +1.9%
2003	--	$200,257