Multifamily
1216 N Kenmore Ave
1216 N Kenmore Ave, Los Angeles, CA 90029
Listing Price: $3,595,000
Investment Overview
Marcus & Millichap is pleased to announce the opportunity to purchase 1216 N Kenmore Avenue, a completely remodeled multifamily property situated between Los Feliz, Silver Lake, and Virgil Village in Los Angeles, CA. Each of the eight apartments includes two bedrooms with spacious floorplans, as the building spans 7,896 square feet.
In recent years, the entire building has undergone an extensive renovation program that upgraded several major systems as well as all unit interiors. The plumbing was updated to copper pipes while new electrical panels and subpanels were installed, which may help reduce future insurance costs in addition to improving energy efficiency. Each unit also includes its own individual tankless water heater.
Apartment interiors now feature restored hardwood flooring, in-unit washer/dryers, Carrara granite countertops, mini-split HVAC units, and stainless steel appliances. Select units also have private balconies, while tenants also benefit from on-site parking – a rarity among multifamily buildings in this neighborhood – for eight vehicles.
Situated just three blocks from Los Feliz, just south of Barnsdall Art Park, the building affords tenants convenient access to nearby Sunset Junction and Silver Lake, Virgil Village, Larchmont Village, and Franklin Village. Residents can also easily venture into Hollywood to enjoy its world-renowned entertainment and dining experiences.
1216 N Kenmore Ave
Investment Highlights
- Every Unit Completely Remodeled with Modern Upgrades and High-End Amenities
- Interiors Feature In-Unit Washer/Dryers, Mini-Split HVAC Units, Carrara Granite Countertops, Stainless Steel Appliances, and Tankless Water Heaters
- Outstanding Unit Mix – All Two-Bedroom Units
- Several Major Building Systems Updated – New Electric Panels and Subpanels, New Copper Plumbing
- Reduced Expenses – Tenants Pay Own Gas, Electricity, and Trash Bills
- Spacious Floorplans – Apartments Average Nearly 1,000 Square Feet Each
- Not on LADBS Seismic Retrofit List (Buyer to Verify)
- Excellent Location Just Three Blocks from Los Feliz and Barnsdall Art Park
Exclusively Listed By
Financing By
Listing Price: $3,595,000
Investment Highlights
- Every Unit Completely Remodeled with Modern Upgrades and High-End Amenities
- Interiors Feature In-Unit Washer/Dryers, Mini-Split HVAC Units, Carrara Granite Countertops, Stainless Steel Appliances, and Tankless Water Heaters
- Outstanding Unit Mix – All Two-Bedroom Units
- Several Major Building Systems Updated – New Electric Panels and Subpanels, New Copper Plumbing
- Reduced Expenses – Tenants Pay Own Gas, Electricity, and Trash Bills
- Spacious Floorplans – Apartments Average Nearly 1,000 Square Feet Each
- Not on LADBS Seismic Retrofit List (Buyer to Verify)
- Excellent Location Just Three Blocks from Los Feliz and Barnsdall Art Park
Investment Overview
Marcus & Millichap is pleased to announce the opportunity to purchase 1216 N Kenmore Avenue, a completely remodeled multifamily property situated between Los Feliz, Silver Lake, and Virgil Village in Los Angeles, CA. Each of the eight apartments includes two bedrooms with spacious floorplans, as the building spans 7,896 square feet. In recent years, the entire building has undergone an extensive renovation program that upgraded several major systems as well as all unit interiors. The plumbing was updated to copper pipes while new electrical panels and subpanels were installed, which may help reduce future insurance costs in addition to improving energy efficiency. Each unit also includes its own individual tankless water heater. Apartment interiors now feature restored hardwood flooring, in-unit washer/dryers, Carrara granite countertops, mini-split HVAC units, and stainless steel appliances. Select units also have private balconies, while tenants also benefit from on-site parking – a rarity among multifamily buildings in this neighborhood – for eight vehicles. Situated just three blocks from Los Feliz, just south of Barnsdall Art Park, the building affords tenants convenient access to nearby Sunset Junction and Silver Lake, Virgil Village, Larchmont Village, and Franklin Village. Residents can also easily venture into Hollywood to enjoy its world-renowned entertainment and dining experiences.
Exclusively Listed By
Financing By
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