310 N Kenmore Avenue, Los Angeles, California 90004, Los Angeles, 90004 - bed, bath

310 N Kenmore Avenue, Los Angeles, California 90004 home-pic-0
ACTIVE$1,299,000
310 N Kenmore Avenue, Los Angeles, California 90004
0Bed
0Bath
2,496Sqft
6,212Lot
Year Built
1920
Close
-
List price
$1.3M
Original List price
$1.65M
Price/Sqft
$520
HOA
-
Days on market
-
Sold On
-
MLS number
IG25073770
Home ConditionPoor
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.30M(50th), sqft - 2496(33th), beds - undefined(50th), baths - undefined(50th).

Exceptional investment opportunity in the heart of Koreatown, Los Angeles! This remarkable triplex property is a fixer-upper gem that holds immense potential for savvy investors looking to make their mark in the real estate market. Comprising two distinct buildings on the same lot. The first building features two bedrooms and one bathroom, providing ample living space for potential tenants or future occupants. The second building complements the arrangement with one bedroom and one bathroom, offering cozy yet functional living quarters. GREAT fixer upper and income potential. All units are being occupied by family members who are VERY, VERY motivated to sell. A must-see investment worth getting!

Price History

Date
Event
Price
09/03/25
Price Change
$1,299,000
04/04/25
Listing
$1,650,000
Condition Rating
Poor

This property, built in 1920, is explicitly described as a 'fixer-upper gem' requiring 'substantial repairs and rehabilitation.' The exterior images show a cluttered and somewhat neglected appearance, consistent with a property in need of significant work. While no interior photos are provided to assess kitchen, bathroom, or system conditions directly, the age of the property and the listing's description strongly indicate that major components are outdated and likely require extensive repair or replacement to meet modern standards and ensure safety and comfort. It is not a tear-down, as it's presented as having 'income potential' after renovation, but it is far from move-in ready.
Pros & Cons

Pros

Prime Location: Situated in the heart of Koreatown, Los Angeles, a highly desirable and dynamic neighborhood known for its cultural vibrancy and strong rental demand.
Strong Investment Potential: Explicitly marketed as an 'exceptional investment opportunity' with 'immense potential for savvy investors' and 'income potential' due to its triplex configuration.
Triplex Property: Comprises two distinct buildings on the same lot, offering a triplex setup that provides multiple income streams and diversified rental opportunities.
Motivated Seller: The listing highlights that 'family members who are VERY, VERY motivated to sell' occupy the units, suggesting a strong potential for negotiation and a favorable deal.
Significant Price Reduction: The list price has seen a substantial reduction from $1.65M to $1.299M, indicating a motivated seller and potential for immediate equity or a competitive purchase.

Cons

Fixer-Upper Condition: Described as a 'fixer-upper gem,' indicating that the property will require significant renovation, repair, and modernization investments to maximize its value and rental potential.
Occupied by Family Members: All units are currently occupied by family members, which could complicate the transition process for new ownership, including potential challenges with tenant relocation, rent adjustments, or immediate renovation plans.
Advanced Age of Property: Built in 1920, the property is over a century old, suggesting potential for outdated infrastructure, systems, and the need for extensive upgrades to meet current building codes and tenant expectations.

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