$2,600,000
1246 N Kenmore Ave, Los Angeles CA 90029
Multi-Family (10 Units)
Property type
52 days
On market
$473
Price per sqft
0 cars
Garage
1926
Year built
8,989 sqft
Lot size
Open Houses
Overview
INVESTORS: Don’t miss this elegant Spanish-style courtyard 10-unit apartment building, featuring a brand-new roof and recently renovated units completed in late 2025. Offered for the first time in over 20 years, this well-maintained property is owned by a motivated, retiring seller. Located in a prime Hollywood neighborhood, the property offers exceptional...
Listing provided by: Surin Poommai DRE #01354205, Rise Realty
Listing updated: Apr 14, 2026 at 06:32am.
Last checked: Jun 4, 2026 at 10:01pm
Source: CRMLS #SR26078693
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $1,275 | $1,275 | $1,500 | Furnished |
| 1 | 1 | 1 | — | $970 | $970 | $1,500 | Furnished |
| 1 | 1 | 1 | — | $1,388 | $1,388 | $1,500 | Furnished |
| 1 | 1 | 1 | — | $1,310 | $1,310 | $1,500 | Furnished |
| 1 | 1 | 1 | — | $1,320 | $1,320 | $1,500 | Furnished |
| 1 | 1 | 1 | — | $1,250 | $1,250 | $1,500 | Furnished |
| 1 | 1 | 1 | — | $1,310 | $1,310 | $1,500 | Furnished |
| 1 | 1 | 1 | — | $1,112 | $1,112 | $1,500 | Furnished |
| 1 | 1 | 1 | — | $690 | $690 | $1,500 | Furnished |
| 1 | 1 | 1 | — | $1,146 | $1,146 | $1,500 | Furnished |
# of Buildings: 3
# of Units Total: 10
Separate Electric Meters: 10
Separate Gas Meters: 10
Separate Water Meters: 1
Rent Control: Yes
Tenant Pays: Electricity, Gas, Parking Fee, Trash Collection
Financial Snapshot
Gross Rent Multiplier
18.4x
List Price / Annual Gross Rent
Cap Rate
3.89%
NOI / List Price
Gross Scheduled Income: $141,372
Vacancy Allowance: $0
Operating Expense: $40,115
Net Operating Income: $101,257
Annual Operating Expenses
Cable TV: $0
Electric: $0
Furniture Replacement: $0
Gardener: $2,400
Fuel: $0
Insurance: $17,000
New Taxes: $14,715
Pool: $0
Professional Management: $0
Trash: $0
Water / Sewer: $6,000
Interior
Fireplace: None
Laundry: None
Entry Location: Streets
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: Two Common Walls Or More
Lot Features: Six To Ten Units Acre, Near Park, Paved, Walkstreet, Yard
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Parking: None
Garage Spaces: 0
Carport Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5540010012
Additional Parcels: No
Tax Lot: 9
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Street Lights, Sidewalks, Park
Nearby Schools
Nearby schools around the 1246 N Kenmore Ave, Los Angeles, CA 90029. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,080,000
Total Interest
$2,652,925
Total Payment
$4,732,925
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$16,005
per month
Property History for 1246 N Kenmore Ave
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90029.
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