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14-Suite Apartment Building
For Sale
$4,750,000

3017 Kenwood Ave, Los Angeles, CA 90007

Newly completed, furnished apartment property with student-oriented suite layouts and full occupancy near USC.

Property Size9,003 SF
Price / SF$527.60
Days on Market33

Property Features for 3017 Kenwood Ave

General Information

Standard status Active
Size 9,003 SF
Total Parking Spaces 6
Property subtype Residential Income
Occupancy 100%

Financials

Cap Rate 7.65%
Gross Income $467,100

Additional Details

Furnished Yes
Public Transit Yes
Multifamily Units 14

Building Details

Year Built 2026
Listing Agency: Keller Williams Beverly Hills
Listed By: Adam Shamooelian · License #02116849
Source: Exprealty
Added: Jul 15 Changed: Aug 16 Last Checked: Aug 16 at 5:22AM

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 Keller Williams Beverly Hills

Investment Insights

Based on property information with market context.

Located at 3017 Kenwood Ave in Los Angeles, this apartment building was completed in 2026 and contains approximately 9,003 square feet. The property is arranged as 14 rental suites with 22 oversized bedrooms and is delivered fully furnished. Six on-site parking spaces are included, and tenants are responsible for utilities. The current configuration is fully occupied and reports a 7.65% cap rate.

The property sits within the USC DPS Patrol Zone and is near the Expo/Vermont E Line Metro Station, connecting the area with Downtown Los Angeles and surrounding destinations. Suite layouts can support rent-by-the-room, private-suite leasing, or co-living arrangements. Buyers should verify the current configuration and permits; the layout is identified as non-conforming.

Key Highlights

  • Completed in 2026 with approximately 9,003 square feet
  • 14 income‑producing suites across 22 oversized bedrooms
  • Fully occupied and delivered fully furnished

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Electrical Service HVAC Service Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,625
Businesses Nearby

Demographics for 90007, CA

40,944
Population
14,153
Households
2.9
Avg Household Size
28
Median Age
29%
College-Educated
63%
High-School Grad
2.4 sq mi
ZIP Area
17,060
Density / Sq Mi
$36,032
Median Household Income
$21,176
Median Earnings
$1,480
Median Rent
$852,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Newly completed, furnished apartment property with student-oriented suite layouts and full occupancy near USC.
Where is this apartment building located?
The property is located at 3017 Kenwood Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,750,000.
What are key features of this property?
This property features: Completed in 2026 with approximately 9,003 square feet; 14 income‑producing suites across 22 oversized bedrooms; Fully occupied and delivered fully furnished
More about this property
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