425 S Kenmore Avenue 104, Los Angeles, California 90020, Los Angeles, 90020 - 0 bed, 1 bath
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425 S Kenmore Avenue 104
Los Angeles, California 90020
ACTIVE
CONDITION: GOOD
0Beds
1Baths
530Sq Ft
17,862Lot Size
Property Price
LIST PRICE$289,000
EST. MARKET VALUE
$309,986
6% BelowMARKET VALUE
SUMMARY
This condo presents a Strong Value Opportunity with a List Price of $289,000—positioned well below the $309,987 Fair Market Value by 6%. This valuation gap offers $20,987 in Instant Equity. Featuring a Condition Rating of 3, the unit is move-in ready with modern finishes, though it requires cash-only financing due to ongoing SB326 balcony repairs. Located in vibrant Koreatown near the Metro Purple Line, this is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a high-demand urban asset.
Estimated Market Value
$309,986+$20,986 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 425 S Kenmore Avenue 104 Subject | $289,000* List Price | 0 | 1 | 530 | $585 | - |
A 320 S Ardmore Avenue 136 Sold | $360,000 | 1 | 1 | 566 | $636 | 0.3 mi |
B 525 S Ardmore Avenue 221 Sold | $290,000 | 1 | 1 | 566 | $512 | 0.3 mi |
C 320 S Ardmore Avenue 236 Sold | $322,000 | 1 | 1 | 566 | $569 | 0.3 mi |
D 525 S Ardmore Avenue 335 Active | $325,000 List Price | 1 | 1 | 580 | $560 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
The unit is move-in ready with a kitchen and bathroom that appear to have been renovated within the last 10-15 years, featuring stainless steel appliances, stone countertops, and updated laminate flooring. While the 1963 building is older and currently undergoing structural balcony repairs (SB326), the interior condition is well-maintained and functional.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Urban Location
Situated in the heart of Koreatown near the Wilshire Corridor and Metro Purple Line, the property offers exceptional transit access and proximity to top-tier dining and nightlife.
- Exceptional Affordability
With a list price under $300,000 and remarkably low HOA dues of $245, this condo represents a rare entry-level opportunity with low carrying costs for the Los Angeles market.
- Move-In Ready Condition
The unit is bright and well-maintained, featuring an efficient open layout, private balcony, and the added security of controlled entry and gated assigned parking.
CONSRISKS & DEFICIENCIES
- Financing Restrictions
The requirement for cash-only offers until SB326 balcony repairs are completed significantly limits the buyer pool and excludes traditional mortgage financing.
- Pending Structural Repairs
The building is currently undergoing mandatory SB326 balcony repairs, which suggests active construction on-site and potential concerns regarding building-wide maintenance history.
About 425 S Kenmore Avenue 104
Seeking cash offers until SB326 balcony repairs are completed in the building. Welcome to this bright and inviting, move-in ready condo in the heart of Koreatown. One of Los Angeles' most vibrant and convenient neighborhoods. This thoughtfully designed residence offers an open and efficient layout with spacious living and dining areas, abundant natural light, and a well-appointed kitchen featuring generous cabinetry. Enjoy fresh air and city living from your private balcony, perfect for relaxing or entertaining. The secure complex offers controlled entry, assigned parking in a gated garage with low HOA dues. Ideally located near the Wilshire Corridor and just moments from the Metro Purple (D) Line, this home provides easy access to Downtown Los Angeles, Miracle Mile, and Hollywood. Surrounded by top-rated restaurants, cafes, nightlife, and local markets, it delivers the perfect blend of urban energy and everyday convenience. Whether you're a first-time buyer or an investor seeking a well-maintained property in a high-demand area.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1963
- Lot Size
- 17,862 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $245.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Frank Del Olmo Elementary School
Grades K-6 • 0.5 mi
4/10
Cahuenga Elementary School
Grades K-5 • 0.6 mi
5/10
Rfk Community Schools - Ambassador School - Global Education
Grades K-5 • 0.6 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 530 | 1,219.385 |
| Lot Size | 17,862 | 27,236.074 |
| Price | $289.0K | $800.2K |
| Price per sq ft | $545 | $650 |
| Built year | 1963 | 1979 |
| HOA | $245.0 | $685 |
| Days on market | 5 | 72 |
Pricing History
Listed for Sale
Sep 4, 2026
$289,000
Initial Listing
Sold
Dec 20, 2022
$310,000
Public Record
Sold
Mar 8, 2019
$307,000
Public Record
Sold
Sep 30, 2010
$117,000
Public Record
Sold
Feb 14, 2007
$231,500
Public Record
Sold
Aug 26, 2005
$210,000
Public Record
Sold
Oct 2, 2001
$51,000
Public Record