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1200-1210 N Kenmore Ave 6 Unit Apartment Building $1,901,241 CAD ($316,873 CAD/Unit) 5.70% Cap Rate Los Angeles, CA 90029
Investment Highlights
- Excellent Location with Private Garage Parking and ample street parking
- On Time Paying Tenants
- Property consists of 2 buildings
- Situated on a Corner property between Kenmore Ave and Lexington
- Recent Improvements: Updated Units; In-Unit Washer and Dryer Hookups; New Water Heaters
Executive Summary
Welcome to 1200 N. Kenmore Ave, a well-maintained six-unit multifamily property offering a prime investment opportunity in the heart of East Hollywood. This two-story gated building spans 5,128 sq. ft. on a generous 7,000 sq. ft. lot, featuring 2 - 2 bedrooms, 2 – 1 bedroom and 2 studios and 6 bathrooms in total.
All six units are currently leased to long-term tenants who consistently pay on time and maintain a positive tenancy record. The property is in good condition with updated units, minimizing maintenance concerns for the next owner.
Additional highlights include garage and carport parking for up to 8 vehicles, a valuable amenity in this high-demand urban neighborhood. Built in 1946, the property offers a solid structure with modernized interiors that support both stability and growth potential.
Ideally situated near schools, shops, restaurants, and just minutes from the Metro B Line, this property provides tenants with convenience and accessibility while offering investors steady cash flow and strong appreciation potential.
Perfect for investors seeking a turnkey, fully occupied property with dependable tenants and minimal headaches.
All six units are currently leased to long-term tenants who consistently pay on time and maintain a positive tenancy record. The property is in good condition with updated units, minimizing maintenance concerns for the next owner.
Additional highlights include garage and carport parking for up to 8 vehicles, a valuable amenity in this high-demand urban neighborhood. Built in 1946, the property offers a solid structure with modernized interiors that support both stability and growth potential.
Ideally situated near schools, shops, restaurants, and just minutes from the Metro B Line, this property provides tenants with convenience and accessibility while offering investors steady cash flow and strong appreciation potential.
Perfect for investors seeking a turnkey, fully occupied property with dependable tenants and minimal headaches.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,901,241 CAD | Building Class | C |
| Price Per Unit | $316,873 CAD | Lot Size | 0.16 AC |
| Sale Type | Investment | Building Size | 5,128 SF |
| Cap Rate | 5.70% | Average Occupancy | 100% |
| Gross Rent Multiplier | 12.7 | No. Stories | 2 |
| No. Units | 6 | Year Built | 1946 |
| Property Type | Multifamily | Parking Ratio | 1.56/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | RD1.5-1XL | ||
| Price | $1,901,241 CAD |
| Price Per Unit | $316,873 CAD |
| Sale Type | Investment |
| Cap Rate | 5.70% |
| Gross Rent Multiplier | 12.7 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 5,128 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1946 |
| Parking Ratio | 1.56/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | RD1.5-1XL |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Kitchen
- Refrigerator
Site Amenities
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | $1,271 CAD | - |
| 1+1 | 2 | $2,412 CAD | - |
| 2+1 | 2 | $2,552 CAD | - |
Walk Score®
Walker's Paradise (91)
Transit Score®
Excellent Transit (71)
Bike Score®
Very Bikeable (71)
Property Taxes
| Parcel Number | 5540-011-004 | Total Assessment | $1,953,932 CAD |
| Land Assessment | $1,465,449 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $488,483 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
5540-011-004
Land Assessment
$1,465,449 CAD
Improvements Assessment
$488,483 CAD
Total Assessment
$1,953,932 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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1200-1210 N Kenmore Ave
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