668 Keenan Avenue, Los Angeles, California 90022, Los Angeles, 90022 - bed, bath

668 Keenan Avenue, Los Angeles, California 90022 home-pic-0
ACTIVE UNDER CONTRACT$2,280,000
668 Keenan Avenue, Los Angeles, California 90022
0Bed
0Bath
5,659Sqft
6,732Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
New Construction & Modern Finishes: Built in 2021 with contemporary design, sleek cabinetry, open floor plans, laminate flooring, and included major appliances, offering a turnkey solution for tenants.
Top Cons:
Location Perception: While convenient, the specific location at the 'border of Montebello and East Los Angeles' might not appeal to all tenant demographics or command the highest rental premiums compared to more established or trendier LA neighborhoods.

Compared to the nearby listings

Price:$2.28M vs avg $820.0K (+$1,460,000)94%
Size:5,659 sqft vs avg 1,994 sqft94%
Price/sqft:$403 vs avg $40350%

More Insights

Built in 2021 (4 years old).
Condition: This property was built in 2021, making it a new construction. The MLS description highlights 'stunning, contemporary' design, 'sleek modern cabinetry,' 'open floor plans,' and 'laminate flooring throughout,' with 'all major appliances included.' The provided images confirm this, showcasing a pristine, modern kitchen with new stainless steel appliances, contemporary blue flat-panel cabinets, light countertops, and a subway tile backsplash. The bathrooms also feature matching modern vanities, new fixtures, and tiled shower surrounds. There is no visible wear and tear, and all components appear new and meet current quality standards, aligning perfectly with the 'Excellent' condition criteria.
Year Built
2021
Close
-
List price
$2.28M
Original List price
$2.18M
Price/Sqft
$403
HOA
-
Days on market
-
Sold On
-
MLS number
P1-24401
Home ConditionExcellent
Features
Good View: City Lights, Hills, Neighborhood
Deck
ViewCity Lights,Hills,Neighborhood

About this home

This stunning, contemporary four-unit complex, built in 2021 with no rent contol, offers a unique opportunity in a family-friendly neighborhood at the border of Montebello and East Los Angeles. The property is situated within Montebello School District, making it an ideal location for families.The complex consists of two 4-bedroom, 3-bathroom units, and two 3-bedroom, 2-bathroom units, each with their own attached garage. The end unit boasts a private yard, perfect for outdoor activities or relaxation. Each unit has its own separate electricity, gas, and water meters, ensuring autonomy and convenience. The owner is only responsible for the gardener fee, making this an incredibly low-maintenance investment opportunity.Inside, you'll find sleek modern cabinetry, open floor plans, and balconies that offer beautiful views. All major appliances are included, and the interiors feature laminate flooring throughout, mirrored closet doors, and indoor laundry facilities. The front yard is professionally landscaped, adding to the property's curb appeal, while the entire perimeter is securely fenced with a combination of wrought iron and block walls for privacy and peace of mind.Located just minutes from the 60 and 710 FWY, the complex is a short 10-15 minute drive to downtown Los Angeles, USC, or K-town, offering both convenience and a prime location. This is an ideal investment with low expenses and maintenance, in a growing and desirable area.

Condition Rating
Excellent

This property was built in 2021, making it a new construction. The MLS description highlights 'stunning, contemporary' design, 'sleek modern cabinetry,' 'open floor plans,' and 'laminate flooring throughout,' with 'all major appliances included.' The provided images confirm this, showcasing a pristine, modern kitchen with new stainless steel appliances, contemporary blue flat-panel cabinets, light countertops, and a subway tile backsplash. The bathrooms also feature matching modern vanities, new fixtures, and tiled shower surrounds. There is no visible wear and tear, and all components appear new and meet current quality standards, aligning perfectly with the 'Excellent' condition criteria.
Pros & Cons

Pros

New Construction & Modern Finishes: Built in 2021 with contemporary design, sleek cabinetry, open floor plans, laminate flooring, and included major appliances, offering a turnkey solution for tenants.
Exceptional Investment Opportunity: A quadruplex with no rent control, individually metered utilities (electricity, gas, water) for each unit, and low owner maintenance responsibilities (only gardener fee), maximizing investor returns.
Strategic & Convenient Location: Situated in a family-friendly neighborhood within the Montebello School District, with excellent freeway access (60 & 710 FWY) providing a short commute to Downtown LA, USC, and K-town.
Diverse & Appealing Unit Mix: Features two 4-bed/3-bath and two 3-bed/2-bath units, each with an attached garage, indoor laundry, and balconies offering city lights, hills, and neighborhood views, catering to a broad tenant base.
Enhanced Security & Curb Appeal: Professionally landscaped front yard and a securely fenced perimeter with wrought iron and block walls provide privacy, peace of mind, and an attractive exterior.

Cons

Location Perception: While convenient, the specific location at the 'border of Montebello and East Los Angeles' might not appeal to all tenant demographics or command the highest rental premiums compared to more established or trendier LA neighborhoods.
Limited Shared Amenities: The complex focuses on individual unit features but lacks common amenities such as a gym, pool, or dedicated recreational areas, which are often found in newer multi-unit developments and could be a competitive disadvantage.
Potential for Noise Impact: Proximity to major freeways (60 and 710 FWY) could expose some units to traffic noise, potentially affecting tenant comfort and desirability.

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