Koreatown Multifamily Portfolio
221 S Kenmore Ave, Los Angeles, CA 90004
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Two adjacent six-unit buildings in Koreatown/Mid-Wilshire neighborhood.
Type:Multifamily
Property size:
13,156 SFLot size:
0.38 AcresPrice / SF:
$182/SF- Added:
- Feb 4, 2026
- Days on Market:
- 99
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 221 S Kenmore Ave
General Information
- Standard status
- Active
- Size
- 13,156 SF
- Lot size
- 0.38 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1939
Listing agent Matthew Kanner License #CA 01349203
Listing office KW Commercial Los Feliz (323) 300-1000
Listing date Feb 4, 2026
Source Crexi
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 KW Commercial Los Feliz
HighLights
- Rare two‑property portfolio in the highly sought‑after Koreatown/Mid‑Wilshire neighborhood.
- Located within the Ambassador Heights and Edgemont Street–New Hampshire Avenue Multi‑Family Residential Historic Districts.
- Significant income upside potential (approximately 92%+) through strategic renovations and rent optimization.
- Compelling TIC conversion opportunity with attractive pricing metrics ($200,000 per door, $182 per square foot).
- Excellent Walk Score of 90 ("Walker's Paradise") and close proximity to public transportation (Wilshire/Vermont Metro Station) and major freeways.
- Charming courtyard‑style French Revival Norman architectural design with a shared central courtyard.
Overview
Located in the Koreatown/Mid-Wilshire neighborhood of Los Angeles, 221 & 227 S Kenmore Avenue comprise a two-property portfolio. The properties are situated within the Ambassador Heights and Edgemont Street–New Hampshire Avenue Multi-Family Residential Historic Districts. Constructed in 1939, the portfolio consists of two adjacent six-unit buildings with a shared central courtyard, featuring French Revival Norman architectural design. The buildings total 12 units, with a mix of four 2-bedroom, 1-bathroom units and eight 1-bedroom, 1-bathroom units, averaging approximately 1,400 square feet and 900 square feet, respectively, with an overall average unit size of approximately 1,096 square feet. Together, the buildings provide 13,156 gross square feet of living space on 16,514 square feet of LAR3-1-zoned land. The portfolio includes 16 on-site parking spaces, consisting of 12 garage spaces and 4 uncovered spaces, and features an on-site laundry room. The units offer interiors with a combination of hardwood, laminate, and tile flooring throughout living areas, bedrooms, and kitchens. Kitchens provide ample cabinetry and countertop space, with select units showcasing newer white cabinetry and modern hardware. Bathrooms are equipped with updated vanities, contemporary fixtures, and glass-enclosed tub/shower combinations. Classic wall-mounted gas heaters add character while providing functional warmth. With a Walk Score of 90, the property is located close to Wilshire Boulevard and the 101, 2, 10, and 110 freeways, and just 0.8 miles from the Wilshire/Vermont Metro B (Red) and D (Purple) Line station, offering connectivity to the shopping, dining, entertainment, and cultural destinations of Koreatown, Westlake, Mid-Wilshire, Hollywood, and revitalized Downtown Los Angeles.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.29678
- Latitude
- 34.07512
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Two adjacent six-unit buildings in Koreatown/Mid-Wilshire neighborhood.
Where is this apartment building located?
The property is located at 221 S Kenmore Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Rare two‑property portfolio in the highly sought‑after Koreatown/Mid‑Wilshire neighborhood.; Located within the Ambassador Heights and Edgemont Street–New Hampshire Avenue Multi‑Family Residential Historic Districts.; Significant income upside potential (approximately 92%+) through strategic renovations and rent optimization.
