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Image 1 - 2610 Kenwood Ave, Los Angeles, California, 90007 - House for sale
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Home For Sale In Los Angeles, California
2610 Kenwood Ave, Los Angeles, California, 90007

Home For Sale In Los Angeles, California

house for sale
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Listed: 03/31/24

2610 Kenwood Ave, Los Angeles, California, 90007

12 Bed:
12 Bath:
7,012 Sq Ft Living Area:
Save
Price
$ 3,9M

About This House

2610 Kenwood is a fully renovated apartment building, inside and out. Some of the upgrades include a new roof, new windows, new copper plumbing, and new electrical system. Due to the true in-place cap rate of 5.98%, the property is eligible for attractive financing at 65% Loan-to-Value (LTV), requiring only 35% down payment. This allows investors a lower cost of entry than most other apartment buildings in Los Angeles. Centrally located in the dense rental markets of Mid City, Koreatown and Pico-Union, this fully renovated building stands as a prime turn key asset for investors looking to secure stable cash flow and a less management intensive property. The building is fully occupied, so Please do not disturb the tenants !!

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Adams Normandie Historic District Housing & Living

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.