#BB25030260, Elizabeth Maddox, Listing Office: Myunits.com Inc.

717-723 E Kensington Rd Los Angeles, CA 90026
Property details
About 717-723 E Kensington Rd
Presenting a multi-family investment opportunity in the highly sought-after Angelino Heights neighborhood of Los Angeles. First time on the market in over 50 years. This property consists of two contiguous parcels sold together, offering excellent potential for value appreciation and future rental income. 723 E. Kensington features a charming single-family home with 4 bedrooms and 2.5 bathrooms, spanning approximately 2,084 square feet on a 6,086 square foot lot. The home includes a large kitchen, walk-in pantry, dining room, family room, and a sunroom with convenient laundry hook-ups. The expansive backyard offers plenty of room for outdoor activities, and the detached garage provides potential parking for up to 4 vehicles. The property is zoned LARD2-1VL-HPOZ. 717-721 E. Kensington, the contiguous parcel, is composed of 3 detached bungalows, each with 2 bedrooms and 1 bathroom. The bungalows total approximately 2,204 square feet on a 6,495 square foot lot, also zoned LARD2-1VL-HPOZ. Each unit has its own gas and electric meters. All roofs were replaced in 2024. The property is fully occupied by long-term tenants who are currently paying below-market rents, providing significant upside potential for savvy investors. This is a rare chance to acquire an income-generating property in one of Los Angeles' most desirable historic neighborhoods, with the potential for substantial growth in both rents and value. Don’t miss out on this exceptional investment opportunity!
Highlights
Summary
- MLS Number: SR25061709
- MLS Name: CRMLS
- Office Name: Citadel Ventures, Inc.
- Office Phone: (818) 992-4896
- Listing Agent: Steven Weinberg
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: 4/14/2025, 4:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,775,000
717-723 E Kensington Rd
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Price information
Property sales
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Tax history
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Nearby schools
4
Betty Plasencia Elementary
Public District KG-5
0.3 mi
•1321 Cortez St
7
Castelar Elementary School
Public District KG-5
0.8 mi
•840 Yale St
4
Union Avenue Elementary
Public District PK-5
0.9 mi
•150 S Burlington Ave
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 $45,968. The majority of Los Angeles, CA residents have income between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.
Similar homes for sale
This home is located at 717-723 E Kensington Rd in Los Angeles, CA and zip code 90026 in the Central LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 21, 2025 and is currently priced at $2,775,000.
In March 2025 more than 302 listings in Los Angeles, CA were sold above the asking price. During the same period more than 116 listings were sold at asking price, while more than 322 were sold below. The number of homes for sale in Los Angeles, CA increased by 13.7% between February and March 2025. In March 2025, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $940,937.