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listing
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Residential IncomeFor Sale
$3,895,000
2610 Kenwood Avenue
Los Angeles, CA 90007
Listed by Chase Simonton DRE#01766871 [email protected] Re/max One
MLS: California Regional MLS (CRMLS)
12Beds
12Baths
7,012Sq Ft
Est. Mortgage
$20,205/mo

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!!

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Information courtesy of Re/max One is subject to verification and is not guaranteed.
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