2610 Kenwood Ave
Los Angeles,
CA
90007
Property Details
List Price: |
$3,895,000 |
Beds: |
12 |
Baths: |
-- |
Status: |
Active |
SqFt: |
7012 |
Agency: |
Re/Max One |
Description/Comments
Lot Size: |
-- |
Property Type: |
Residential |
Year Built: |
1924 |
Notes: |
2610 Kenwood is a fully renovated apartment building, inside and out. Some of the upgrades include a new roof, new windows, new copper plumbing, and new electrical system. Due to the true in-place cap rate of 5.98%, the property is eligible for attractive financing at 65% Loan-to-Value (LTV), requiring only 35% down payment. This allows investors a lower cost of entry than most other apartment buildings in Los Angeles. Centrally located in the dense rental markets of Mid City, Koreatown and Pico-Union, this fully renovated building stands as a prime turn key asset for investors looking to secure stable cash flow and a less management intensive property. The building is fully occupied, so PLEASE DO NOT DISTURB THE TENANTS!! |
MlsNumber: |
24-373541 |
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Listing Provided By: |
Re/Max One, original listing |
Name: |
Re/Max One |
Phone: |
(818) 674-1745 |
Office Name: |
RE/MAX One |
Office Phone: |
(818) 366-3300 |
Agent Name: |
Chase Simonton |
Disclaimer: |
Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |