Suite-Style Apartment
3017 Kenwood Ave, Los Angeles, CA 90007
For Sale
$4,750,000
Residential Income, Los Angeles, CA
Property Size9,003 SF
Lot Size0.15 Acres
Price / SF$527.60
Days on Market118
Property Features for 3017 Kenwood Ave
General Information
Property type
Property subtype
Property condition
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Building Details
Year built
Floors in Building
Number of units
Listing Agency:
Keller Williams Beverly Hills · Keller Williams Realty
(310) 432-6400
Listed By:
Adam Shamooelian · License #02116849
(310) 658-2668
Added: Jul 15
Changed: Oct 24
Last Checked: Nov 9 at 8:06AM
MLS# 26859185
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This Los Angeles apartment property contains 14 rental suites arranged around 22 bedrooms within approximately 9,003 square feet. The building is furnished and includes six on-site parking spaces. Its suite-based configuration supports room-by-room or private-suite leasing. The layout is identified as non-conforming, and buyers should verify the current configuration and permits.
The property is in the USC DPS Patrol Zone, near the university and Expo/Vermont E Line Metro Station. It is zoned LAR3 and occupies a 0.1479-acre site.
The property is in the USC DPS Patrol Zone, near the university and Expo/Vermont E Line Metro Station. It is zoned LAR3 and occupies a 0.1479-acre site.
Key Highlights
- 14 rental suites with 22 bedrooms
- Approximately 9,003 square feet
- Furnished building with six on‑site parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$144,865
Cap Rate
3.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,897,300
$2.9M
Cap Rate 7%
$2,069,500
$2.1M
Cap Rate 9%
$1,609,611
$1.6M
Market Conditions
NOI Build-Up for 9,003 SF
Gross rent
$286.3K $31.80/SF
− Vacancy
−$22.9K −$2.54/SF
EGI
$263.4K $29.26/SF
− OpEx
−$118.5K −$13.17/SF
NOI
$144.9K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,897,300
Cap Rate 7%
$2,069,500
Cap Rate 9%
$1,609,611
Alternative Uses
Best Use
Apartment 5plus
$2.07M
$1.81M – $2.41M
NOI $144,865 @ 7.0% cap · market cap 3.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.76M
$3.29M – $4.39M
NOI $263,120 @ 7.0% cap · market cap 5.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Lease Details
14
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,721
Businesses Nearby
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Business Placement
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
$852,900
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Los Angeles, CA
Properties on Market for Apartment buildings in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Furnished rental suites offer a bedroom-focused layout near USC and the Expo/Vermont E Line Metro Station.
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: 14 rental suites with 22 bedrooms; Approximately 9,003 square feet; Furnished building with six on‑site parking spaces
