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Apartments For Sale • 15,408 SF
| Marcus & Millichap is pleased to present 205 N Kenmore Ave, a 31-unit multifamily investment opportunity in the Koreatown neighborhood |
| The property features a unit mix of 31 singles |
| At the asking price, the property is being offered at a 6.37% CAP rate at 9.35 GRM on current income with an additional 13% rental upside |
| The property has professional landscaping and a secured, gated entrance with intercom access and security cameras; significant cap ex invested |
| The building is separately metered for electricity and has an on-site laundry room with three washers and two dryers |
| Cap Rate: | 6.37 % |
| Total Expenses: | $190,287 USD |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) | 7 min | - | 4.1 mi |
| Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 9 min | - | 4.3 mi |
| Transit/Subway | Drive | Walk | Distance |
| Vermont/Beverly Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 1 min | 7 min | 0.4 mi |
| Airport | Drive | Walk | Distance |
| Bob Hope | 20 min | - | 11.5 mi |
| Los Angeles International | 26 min | - | 13.5 mi |
| Long Beach (Daugherty Field) | 35 min | - | 24.9 mi |
Patricia Escobar
Marcus & Millichap
