1223 North Kenmore Avenue Los Angeles, CA $ 2,995,000
1223 North Kenmore Avenue
$ 2,995,000
New Construction
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1223 North Kenmore Avenue

Los Angeles, CA, 90029
$ 2,995,000
Baths0.0 Sq 5,373

Monthly Estimate*

$ 18,441

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $2,995,000. This 5,373 square foot home was built in 2017 on a lot size of 0.15.

1223 N Kenmore Ave is a newer construction fourplex located in the highly desirable East Hollywood submarket of Los Angeles. Built in 2017, the property consists of approximately 5,373 square feet and offers a highly functional mix of large townhome-style residences designed to meet modern tenant preferences. Importantly, the property is not subject to local rent control, providing investors with valuable operational flexibility and long-term income growth potential. The unit composition includes two 3-bedroom / 2.5-bath units, one 3-bedroom / 3-bath unit, and one 4-bedroom / 3-bath unit, delivering an attractive blend of layouts that appeal to a broad tenant base. Each unit features a multi-level design with no units above or below, enhancing privacy and contributing to strong rental demand. Interior finishes reflect contemporary construction standards, including abundant natural light, spacious bedrooms, hardwood flooring throughout, central air-conditioning, stainless-steel appliance packages, and in-unit washer and dryers. The property's newer vintage reduces near-term capital expenditure exposure and supports long-term operational efficiency. The asset benefits from a practical and convenient parking configuration, including direct-entry garages and supplemental driveway parking, providing ease of use for residents while remaining consistent with surrounding market expectations. Situated on a quiet residential street, the property is walking distance to the Vermont / Santa Monica Metro station and offers convenient access to major lifestyle, employment, and entertainment corridors, including Silver Lake, Echo Park, Larchmont Village, Koreatown, and Hollywood. This central location underpins the property's strong tenant appeal and durable investment fundamentals. The combination of newer construction, larger unit layouts, and non-rent-controlled status positions 1223 N Kenmore Ave as a compelling investment opportunity offering stable income characteristics and long-term appreciation potential. *Building and unit square footage are approximate and may be based on architectural plans or preliminary information. Actual as-built dimensions and rentable area may vary. Seller and Broker make no representation or warranty as to accuracy. Buyer to independently verify all information.

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Multi-Family Active

Price

$ 2,995,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Modern

Lot Size

0.15

Year Built

2017

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026661033

Features
General
Living Area 5373.0
Heating Central
Cooling Central Air
Roof Concrete
Zoning LARD1.5
Architectural Style Modern
Security Features Automatic Gate Card/Code Access Gated Community
Construction Materials Stucco Wood Siding
Year Built 2017
Tenant Pays Electricity Trash Collection Cable TV Gas
Levels Three or More
County Los Angeles
Net Operating Income 160532.0
New Construction Yes
Property Type C
HOA No
Facing Direction East
Status Active
City Los Angeles
Senior Community Y/N No
MLS Area C20 - Hollywood
Lot Size Units Square Feet
Lot Size Square Feet 6499.0
Additional Parcels Y/N No
Structure Type None
Standard Status Active
Year Built Source Builder
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Interior
Kitchen Appliances Disposal Dishwasher Refrigerator Microwave Oven
Total Stories 3
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Laundry Features None Washer Included Dryer Included
Total Baths 0
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Exterior
Parking Features Assigned Garage - Single Door Garage Door Opener
Lot Size Area 6499.0
Spa No
Pool Y/N? No
Building Area Total 5373.0
Lot Dimensions 50x130
Lot Size Acres 0.15
Land Lease Type Fee
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* Excluded Features
List By
David Leibowitz

Listing Agent

Investment Real Estate Associates

Broker

Affordability Calculator

$18,441
Per Month
100%
0%
0%
Monthly Principal & Interest
$18,441
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/9/2026$2,995,000 Listed Price

Map


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1223 North Kenmore Avenue, Los Angeles, CA, 90029 is a Multi-Family Home for sale at $2,995,000 with 5,373 sqft and a lot size of 0.15. 1223 North Kenmore Avenue is a studio with 0.0 baths and was built in 2017. The property's zip code is 90029 which is in Los Angeles, CA