1028 S Kenmore, Los Angeles, California 90006, Los Angeles, 90006 - 0 bed, 0 bath
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Los Angeles, California 90006
This Multi-Unit Income Asset is listed at $1,400,000, representing a strategic entry into the high-demand Koreatown rental market. While the Fair Market Value is $1,277,073, the price reflects the property's exceptional Transit-Oriented Accessibility and long-term appreciation potential. Currently holding a Fair Condition Rating, this 1954 Quadruplex offers significant Value-Add Potential through modernization. Located near Hoover Street Elementary and major employment hubs, the property ensures consistent tenant demand and diversified cash flow. This is an ideal acquisition for Buy-and-Hold Investors or Value-Add Specialists.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1028 S Kenmore Subject | $1,400,000* List Price | 0 | 0 | 2,408 | $530 | - |
A 2756 W 15th Street Active | $1,070,000 List Price | 0 | 0 | 2,295 | $466 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1954, this quadruplex shows signs of age consistent with a 'Fair' rating. While the exterior appears maintained with intact stucco and security bars, the presence of window AC units and the lack of mention regarding recent interior renovations suggest the property relies on older systems and finishes. It functions as a steady income property but likely requires cosmetic and system updates to meet modern standards.
Situated in one of Los Angeles' most robust rental markets, this property benefits from high tenant demand and proximity to major employment hubs and cultural amenities.
As a four-unit quadruplex, the property offers a diversified income stream and qualifies for favorable residential financing while maximizing potential cash flow.
Ideally located near major transportation corridors, the property ensures long-term desirability and ease of commute for urban professionals and local tenants.
Built in 1954, the property may require ongoing maintenance or capital expenditures for system upgrades and seismic considerations compared to newer developments.
With a total of 2,408 square feet across four units, the average living space per unit is relatively small, which may limit the rental ceiling for tenants seeking more spacious accommodations.
Proudly presenting 1028 S Kenmore – a 4-unit income property located in a highly desirable Los Angeles rental market. This property offers an excellent opportunity for investors seeking steady cash flow and long-term appreciation. Ideally situated near Koreatown, major transportation corridors, and a variety of local amenities, making it attractive to tenants. A great addition to any investment portfolio.
No exterior & parking available.
Grades K-2 • 0.2 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,408 | 1,900 | 80% |
| Lot Size | 5,908 | 5,100 | 60% |
| Price | $1.40M | $840.0K | 80% |
| Price per sq ft | $581 | $522 | 60% |
| Built year | 1954 | 1936 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 32 | 203 | 20% |
Mar 21, 2026
$1,400,000
Initial Listing
Dec 22, 2006
$770,000
Public Record
May 19, 1998
$180,000
Public Record