#224004784, Chris Smith, Listing Office: Pinnacle Estate Properties, Inc.
250 S Kenmore Ave Los Angeles, CA 90004
Property details
About 250 S Kenmore Ave
250 S Kenmore Ave is a 40-unit apartment building located in the heart of Koreatown, one of Los Angeles' most desirable and rapidly developing submarkets. Originally built in 1926, this well-maintained, four-story property has undergone significant unit renovations and offers additional value-add potential. The building features a strong unit mix of 34 studio units and 6 one-bedroom, one-bath units.250 S Kenmore provides investors with the chance to enter a high-demand rental market, with potential for further value through additional renovations. Twenty-eight of the forty units have been extensively renovated with high-end finishes which include new stainless-steel appliances, laminate and tile flooring, upgraded kitchens with new cabinets, stone countertops, and tile backsplashes, new fixtures, new paint, new based moldings, and energy efficient LED lighting. The property also offers secure access and on-site laundry facilities for tenant convenience.Beyond the units, the property has seen substantial upgrades, including a new roof installed in 2014, a fully renovated lobby with new paint, tile, and lighting, and refreshed common area hallways with new paint, refinished hardwood floors, and updated lighting fixtures. In 2017, current ownership installed a solar thermal system and a new boiler. Additionally, the property features drought-resistant landscaping, contributing to sustainability and water conservation efforts. While the property has undergone significant renovations, there remains an opportunity for investors to capitalize on the remaining rental upside through a comprehensive interior renovation program. 250 S Kenmore is ideally located in one of Los Angeles' most vibrant and sought-after neighborhoods. The property is a Walker's Paradise, with convenient access to a wide range of nearby amenities, including entertainment venues, restaurants, shopping, hotels, and nightlife. Positioned in an area with substantial economic growth, 250 S Kenmore presents a unique opportunity to acquire a well-maintained asset with strong potential for long-term appreciation and rental growth.
Highlights
Summary
- MLS Number: 25491227
- MLS Name: CRMLS
- Office Name: Kidder Mathews of California, Inc.
- Office Phone: (858) 369-3010
- Listing Agent: Janet Neman
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 9:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$6,295,000
250 S Kenmore Ave
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jul 25, 2014 | Home Sold | $3,862,500 |
Oct 18, 2005 | Home Sold | $2,775,000 |
Apr 09, 1998 | Home Sold | $60,000 |
Dec 28, 1992 | Home Sold | $600,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $4,571,617 | $57,751 |
2023 | $4,482,380 | $56,671 |
2022 | $4,394,893 | $54,107 |
2021 | $4,309,121 | $53,336 |
2020 | $4,244,648 | $51,782 |
2019 | $4,161,420 | $51,475 |
2018 | $4,079,824 | $50,345 |
2017 | $3,999,829 | $50,345 |
History based on county public records data.
Nearby schools
6
Frank Del Olmo Elementary School
Public District KG-5
0.3 mi
•100 N New Hampshire Ave
6
Cahuenga Elementary School
Public District KG-5
0.5 mi
•220 S Hobart Blvd
6
Dr. Sammy Lee Medical and Health Science Magnet
Public Magnet KG-5
0.6 mi
•3600 Council St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $26,818. Typical income of Los Angeles, CA residents is less than $<35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
Similar homes for sale
Frequently asked questions
About 250 S Kenmore Ave
This home is located at 250 S Kenmore Ave in Los Angeles, CA and zip code 90004 in the Central LA neighborhood. This 24,592 square foot home, which was built in 1926, sits on a 0.21 acre lot. Features: 6 bedrooms, 40 bathrooms. It has been listed on Rocket Homes since January 29, 2025 and is currently priced at $6,295,000.
Los Angeles, CA housing market in December 2024 saw over 524 listings sold above listed price, more than 203 sold at listed price and over 740 sold below. In December 2024 in Los Angeles, CA there were 5.3% less homes for sale than in November. Listings spent 41 days on the market in December 2024, and had a median list price of $1,026,634 during the same period.