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24-Unit Apartment Building
For Sale
$4,900,000

520 S Kenmore Ave, Los Angeles, CA 90020

The multifamily property includes gated subterranean parking and a mix of studio and one-bedroom apartments.

Property Size18,783 SF
Lot Size0.23 Acres
Price / SF$260.87
Days on Market855

Property Features for 520 S Kenmore Ave

General Information

Standard status Active
Size 18,783 SF
Total Parking Spaces 24
Lot size 0.23 Acres
Property subtype MULTI_FAMILY
Zoning R4

Site & Location

Neighborhood Koreatown

Units

Unit Mix 15 x 1Bed 1Bath, 9 x Studio 1Bath
Multifamily Units 24

Additional Details

Gross Income $417,696
Tenant in Place Yes

Building Details

Building Size 18,783 SF
Year Built 1961
Listing Agency: High Equity Real Estate Service, Inc.
Listed By: Peter Yoo · License #01449891
Source: Garymerriam
Added: Jun 26, 2024 Changed: Oct 27 Last Checked: Oct 26 at 4:56PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of High Equity Real Estate Service, Inc.

Rey
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Investment Insights

Based on property information with market context.

The 24-unit apartment property contains 15 one-bedroom, one-bath units and nine studios with one bath. The 18,783-square-foot building was constructed in 1961. Gated subterranean parking accommodates 24 cars, with spaces arranged side by side and separately metered. A new roof is being installed, and the majority of the electrical and plumbing systems were upgraded in recent years, according to the seller.

The property is at 520 S Kenmore Ave in Los Angeles, within feet of Chapman Plaza, City Center, and the Koreatown Sixth Street Corridor. It has R4 zoning, a lot of approximately 10,000 square feet, Tier 3 TOC status, and 100% rent control. The property is not in an HPOZ.

Key Highlights

  • 24 units: 15 one‑bedroom, one‑bath apartments and 9 studios with one bath
  • 18,783‑square‑foot building constructed in 1961
  • 24 gated subterranean parking spaces, side by side and separately metered

Property Analytics

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Lease Details

24
Residential units

Location Intelligence

Trade Area within ½ mile

9,031
Businesses Nearby

Demographics for 90020, CA

38,694
Population
19,119
Households
2
Avg Household Size
37
Median Age
46%
College-Educated
84%
High-School Grad
1.1 sq mi
ZIP Area
35,176
Density / Sq Mi
$55,832
Median Household Income
$37,718
Median Earnings
$1,734
Median Rent
$826,500
Median Home Value
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The multifamily property includes gated subterranean parking and a mix of studio and one-bedroom apartments.
Where is this apartment building located?
The property is located at 520 S Kenmore Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: 24 units: 15 one‑bedroom, one‑bath apartments and 9 studios with one bath; 18,783‑square‑foot building constructed in 1961; 24 gated subterranean parking spaces, side by side and separately metered
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