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Sold for $1,600,000
  • Listed by: Keller Williams R. E. Services • Arthur Ambarchyan • Contact: 818-230-3228
    Bought with: HVN Development, Inc
    $1,600,000

    537 N Kenmore Ave, Los Angeles, CA 90004

    8beds
    5baths
    5,844sqft
    Quadruplex
    Built in 1921
    -- sqft lot
    $1,486,200 Zestimate®
    $274/sqft
    $3,395 Estimated rent

    Home value

    $1,486,200

    $1.22M - $1.81M

    $3,395/mo

    Zestimate® history
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    What's special

    Excellent income investment property comprising of four well designed units with one unit recently VACATED. This property is a prime residential income building that seamlessly combines comfort, convenience, and potential for lucrative returns. Capitalize from a solid rental history, showcasing the property's consistent appeal to tenants. Each unit has its own mailing address, individually metered for gas & electricity, have in-unit laundry hook-ups, a detached 865 SF garage, and assigned surface parking. Approximate Unit Measurements: #537 - 2B/1Bth 1,359 SF | #539 - 2B/1Bth 1,511 SF (VACANT) | #541 - 2B/1Bth 1,506 SF| #543 – 2B/1.5Bth 1,347 SF (recently updated unit). Great upside in rental income, potential of additional income renting each 865 SF garage as storage, and large lot offers a potential of additional rental income from an ADU. This multi-unit property is a smart choice for savvy investors seeking a steady stream of rental income in a desirable location. Located just 4 minutes from Los Angeles City College, Vermont/Beverly transit station and close access to freeways. Designated parking spaces make this property even more appealing to potential tenants, enhancing its marketability. We invite you to join us for an exclusive tour to explore the full potential of this income-generating property.

    Zillow last checked:

    Listing updated:

    Listed by:

    Arthur Ambarchyan DRE #01351863 818-230-3228,

    Keller Williams R. E. Services

    Bought with:

    Thomas Beadel, DRE #01363751

    HVN Development, Inc

    Source: CRMLS,MLS#: GD24184975MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 5
    Appliances
    • Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside
    Features
    • Flooring: Wood
    • Has fireplace: Yes
    • Fireplace features: Decorative
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 5,844
    • Total interior livable area: 5,844 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Assigned, Garage, On Site, Private, One Space
    • Garage spaces: 4
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 10,327 Square Feet
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 5520009007
    • Zoning: LAR3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1921

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $274/sqft
    • Tax assessed value: $1,507,500
    • Annual tax amount: $18,872
    • Date on market: 9/5/2024
    • Cumulative days on market: 164 days
    • Listing terms: Cash,Cash to Existing Loan
    • Total actual rent: 6442
    • Tenant pays: Electricity, Gas

    Price history

    DateEventPrice
    12/18/2025Sold$1,600,000+6.1%$274/sqft
    Source: Public Record Report a problem
    11/24/2024Sold$1,507,500+4%$258/sqft
    Source: CRMLS #GD24184975 Report a problem
    9/26/2024Pending sale$1,450,000$248/sqft
    Source: CRMLS #GD24184975 Report a problem
    9/10/2024Contingent$1,450,000$248/sqft
    Source: CRMLS #GD24184975 Report a problem
    9/6/2024Listed for sale$1,450,000$248/sqft
    Source: CRMLS #GD24184975 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$18,872 +298.1%$1,507,500 +369.5%
    2024$4,741 +1.6%$321,094 +2%
    2023$4,668 +4.1%$314,799 +2%
    2022$4,484 +2%$308,628 +2%
    2021$4,396 -0.7%$302,578 +1%
    2020$4,427 $299,476 +2%
    2019$4,427 +8.6%$293,605 +2%
    2018$4,076 $287,849 +2%
    2017$4,076 +1.9%$282,206 +2%
    2016$4,001 +4.1%$276,673 +1.5%
    2015$3,843 +0.2%$272,518 +2%
    2014$3,836 $267,180 +2.5%
    2012-- $260,760 +2%
    2011-- $255,648 +0.8%
    2010-- $253,738 -0.2%
    2009-- $254,342 +2%
    2008-- $249,356 +2%
    2007-- $244,468 +2%
    2006-- $239,676
    2005-- $239,676 +4%
    2004-- $230,371 +1.9%
    2003-- $226,150 +2%
    2002-- $221,717 +4%
    2000-- $213,110
    Find assessor info on the county website

    Neighborhood: Hollywood

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,486,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,486,200