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542 N Kenmore Ave, Los Angeles, CA, 90004
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542 N Kenmore Ave Los Angeles, CA, 90004

$2,500,000 Commercial for sale Other

Attention investors and developers! An extraordinary investment opportunity awaits in the heart of Los Angeles at 542-544 N. Kenmore Ave. This property boasts a compelling location in the hot Mid-Wishire district. The property has been in use as a rehabilitation facility for two decades but is ready to be developed or returned to its original glory: 4 large 2BR 1BA classic 1920 apartments w/ hardwood floors, high ceilings, etc., plus a 4-bedroom guest/rental unit in the rear building. The bones are there, but the building will need substantial renovations for this use. Alternatively, develop the property into five-story 15+ unit building, like several others in the neighborhood. Close to freeways and subways, it's an easy commute to DTLA and the Valleys, and just a ten minute walk to LA City College. Our walkable neighborhood is one of the most dynamic and diverse in the US, with a full range of retail and multi-cultural food options close by: Korean BBQ's, cafes, and on-trend restaurants - more are arriving every day. Authenticity and vitality are the keys to this neighborhood; they combine to make this location increasingly sought after by the young creatives pouring in to Los Angeles. Transportation options are critical to your future residents and they are abundant: we are 7
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Property details

6,563 sqft interior area
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None
Land area
9,603 sqft (0.22 acres)
Days on Verhouse
115
Address
542 N Kenmore Ave, Los Angeles, CA, 90004
City of California
Los Angeles
County
Los Angeles
Year Built
1922
District
Listing

Nearby major retailers

Costco
T-Mobile
Albertsons
Trader Joe's
Whole Foods Market
Toyota
Wholesale: 1
Mobile phone: 7
Supermarket: 10
Car: 2
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Interior Features

Wood floors
Floor Covering
Wood
Garage & Parking
On Street, Other
Utilities Included
Other Water/Sewer
Amenities
Other
Appliances
Dryer

Listed by

Michael O'reilly, Beverly and Company, Inc.
Name
Michael O'reilly
License number
01396059
Brokerage company
Beverly and Company, Inc.
MLS #
CL24350471

Payment calculator

Calculate your monthly payments
Mortgage
$7,676
Taxes
$0
HOA dues
$0
$7,676 per month
Mortgage
$500,000 / 20%
2.28%
30 years
Your amount $7,676 / month

Lot details

TMK #5520008019
Parcel nr.
5520008019

90004 info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data

People living in 90004

40%
Families with children
National average: 39%
52%
Non family households
723,583
Population
$80,215
Average Income

Age & gender

Median age 35 years
More info

Commute types

67% commute by car
More info

Education level

26% have bachelor education
More info

Number of employees

1% work in retail trade
More info

Vehicles available

49% have 1 vehicle
More info

Vehicles by gender

49% have 1 vehicle
More info

Housing market insights for

$1.57m
Neighborhood average
sales price*
$1.27m
Neighborhood median
sales price*
654
Number
of sales*

Housing type

39% are apartments
More info

Rooms

40% of the houses have 2 or 3 rooms
More info

Bedrooms

38% have 2 or 3 bedrooms
More info

Owners vs Renters

82% are renters
More info
12.33 / 20
Above Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Price history

New Listing Jan 22, 2024
Date Event Price $/sqft Source
Jan 22, 2024 New Listing $2,500,000 0 MLS #CL24350471

Taxes of 542 N Kenmore Ave, Los Angeles, CA, 90004

LAR3 zoning / MLS #CL24350471
Zoning
LAR3

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Frequently Asked Questions about 542 N Kenmore Ave

What is 542 N Kenmore Ave?

542 N Kenmore Ave is a Commercial/Industrial propertywith 6,563 sqft interior space.

What is the rental income?

-

What is the full address of this Commercial?

542 N Kenmore Ave, Los Angeles, CA, 90004.

What comparable properties are nearby?

Comparable nearby commercial properties include 639 N Alexandria Ave, 601 N Normandie Ave, 508 N Ardmore Ave, 251 N Kenmore Ave, 139 N Catalina St, 933 N Mariposa Ave.

Based on information from the bridgeMLS as of 05-15-2024. 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. Properties may or may not be listed by the office/agent presenting the information.

Listing last updated on: Mar 27, 2024
Verhouse Last checked 2 minutes ago


The closest grocery stores are American Ranch and Seafood Market, 0.69 miles away and Jon's Marketplace, 0.77 miles away.
The 90004 zip area has a population of 723,583, and 40% of the families have children. The median age is 35.72 years and 67% commute by car. The most popular housing type is "apartment" and 82% is renter.
Commercial For sale $2.5m 542 N Kenmore Ave, Los Angeles, CA, 90004 Save House Remove from Saved