
Los Angeles, California 90027
This Versatile Income-Generating Residence is a Strong Value Opportunity, listed at $1,350,000—positioned well below the $1,424,246 Fair Market Value by 5%. This valuation gap provides $74,246 in Instant Equity for the buyer. Boasting a Condition Rating of 3, the property features a renovated main home and a fully permitted ADU that previously generated $1,825 monthly. Extensive 2023 upgrades include a new roof, HVAC, and electrical panel, while the RD1.5-1XL zoning and City Lights view offer long-term appreciation. This is an ideal acquisition for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors.
Property is move-in ready.
The property is move-in ready and underwent significant major system upgrades in 2023, including a new roof, HVAC system, and electrical panel. The interior features updated laminate flooring, fresh paint, and modern light fixtures. While the kitchen remains somewhat dated with oak-style cabinetry and tile countertops, the overall condition is well-maintained, and the addition of a fully permitted ADU adds significant value and utility.
The property features a fully permitted ADU with its own separate address that previously rented for $1,825 per month, providing excellent mortgage offset or investment yield.
Extensive 2023 improvements including a new roof, new HVAC system, and an updated electrical panel significantly reduce immediate capital expenditure for the buyer.
Zoned RD1.5-1XL on a 6,804 square foot lot, the property offers significant long-term value through potential multi-unit development in a high-demand urban corridor.
The property is being sold in its present as-is condition, which may require the buyer to budget for additional repairs or cosmetic updates not covered by recent renovations.
Originally built in 1912, the main structure may present typical challenges associated with century-old homes, such as foundation settling or aging plumbing systems.
OWNER-USER OR INVESTOR OPPORTUNITY WITH A FULLY PERMITTED ADU AND SEPARATE ADDRESS IN PRIME EAST HOLLYWOOD / LITTLE ARMENIA LOCATION. Welcome to 1558 N Kenmore Ave, a thoughtfully upgraded Craftsman-style bungalow offering flexibility, income potential, and extensive recent improvements. The property features a renovated main residence plus a FULLY PERMITTED ADU WITH ITS OWN SEPARATE ADDRESS at 1560 N Kenmore Ave, offering approximately 2,024 square feet of combined living space. The main home includes approximately 1,593 square feet with 3 bedrooms and 2 bathrooms, while the ADU offers approximately 430 square feet with 1 bedroom and 1 bathroom. Major improvements completed around 2023 include a NEW ROOF, NEW HVAC SYSTEM, updated electrical panel, interior and exterior paint, replaced blinds, removal of popcorn ceilings with new ceilings in the living and dining rooms, and a newly updated bathroom. A WHEELCHAIR-ACCESSIBLE FRONT ENTRANCE enhances accessibility. Zoned RD1.5-1XL, the property offers additional development potential subject to buyer verification and City of Los Angeles approval. Ideally located near dining, shopping, and major freeway access. The ADU was previously rented for $1,825 per month, and the main residence offers additional rental potential or ideal owner occupancy. Property appraised at $1,590,000 on November 12, 2025. Delivered vacant and ready for immediate use. Property to be sold in its present AS IS condition. Seller's personal items currently in the property will be removed prior to close of escrow. Buyer to verify all information including square footage, permits, zoning, and development potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.5 | 50% |
| Baths | 2.0 | 3.0 | 27% |
| Square foot | 1,589 | 2,561 | 14% |
| Lot Size | 6,804 | 6,898 | 49% |
| Price | $1.35M | $2.23M | 10% |
| Price per sq ft | $850 | $985 | 24% |
| Built year | 1912 | 1938 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 182 | 1% |
Mar 26, 2026
$1,350,000
Initial Listing