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$2,480,000

1246 N Kenmore Ave

Los Angeles, CA 90029

Active

1926

Year Built

Los Angeles

County

MultiFamily

Property Type

About this home

INVESTORS: Don’t miss this elegant Spanish-style courtyard 10-unit apartment building, featuring a brand-new roof and recently renovated units completed in late 2025. Offered for the first time in over 20 years, this well-maintained property is owned by a motivated, retiring seller. Located in a prime Hollywood neighborhood, the property offers exceptional convenience with close proximity to shopping, dining, entertainment, hospitals, schools, and easy access to major freeways, including the 101, 10, 110, and 5. Enjoy the vibrant lifestyle and nightlife that Hollywood is known for. Street parking is readily available throughout the surrounding area. The property consists of three separate buildings: 1. Right building # 1246 : 3 units. 2. Left building # 1250 : 3 units. 3. Real building # 1248: 2-story structure with 2 units upstairs and 2 units downstairs. The tenant mix includes long-term residents with both month-to-month and one-year lease agreements. Each unit is separately metered with 10 gas meters and 10 electric meters. Tenants pay their own gas, electricity, and trash services. The landlord pays for water bills. Financial Highlights: Gross annual income $ 141,372.00. Total annual expenses $ 40,115.00. ( Gardener: $ 2,400.00., Insurance $ 17,000.00, Property Taxes $ 14,715.00, water $ 6,000.00 ). The seller intends to complete a 1031 exchange. Buyer cooperation is requested; however, this will not result in any additional cost to the buyer.

Listed by Surin Poommai · DRE #01354205 · Rise Realty

MLS #1157540308

ListedApr 12, 2026

Property Details

Architecture

Stories2

StyleN/A

Total Units10

RoofN/A

Garage SpacesN/A

PoolN/A

SpaN/A

Features & Amenities

Interior FeaturesN/A

Exterior FeaturesN/A

FlooringN/A

CoolingN/A

HeatingN/A

FireplaceN/A

LaundryNone

Parking FeaturesN/A

Parking TotalN/A

Patio & PorchN/A

Entry Level1

Entry LocationN/A

Common WallsN/A

Property Features

Lot Size0.21 ac

Lot FeaturesSix To Ten Units Acre

ViewN/A

DirectionsForm Hollywood Blvd-turn right to Normandie-turn left at Fountain Ave-right to N. Kenmore

Community

AreaC20 - Hollywood

School DistrictN/A

Tax & Financial

TermsCash To New Loan, Exchange1031

Land LeaseN/A

HOA NameN/A

HOA FeeN/A

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Mortgage Estimate

$13,200/mo

20% down · 7% APR · 30-yr fixed

Purchase PriceDown Payment: 20%Interest Rate: 7%

Estimate only. Does not include taxes, insurance, or HOA.

Last updated: October 21, 2026 at 4:30 PM

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