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$ 1,199,000
Est. payment /mo
New
1558 N Kenmore Los Angeles, CA 90027
6,804 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26145848
HOA Y/N No
Year Built 1912
Lot Size 6,804 Sqft
Property Sub-Type Mixed Use
Property Description
Ideally located directly next to Kaiser Permanente in the heart of East Hollywood's Little Armenia neighborhood, 1558 N Kenmore Ave presents an outstanding opportunity for investors, owner-users, or those seeking a property with excellent income potential. With its highly visible location and flexible layout, the property may also appeal to professional users looking for office or business space, subject to buyer verification of permitted use with the City of Los Angeles.
The property consists of a 3-bedroom, 2-bathroom main residence offering approximately 1,593 square feet, along with a fully permitted 1-bedroom, 1-bathroom ADU at the separate address of 1560 N Kenmore Ave, providing approximately 430 square feet of additional living space for a combined total of approximately 2,024 square feet.
A long private driveway accommodates up to five vehicles and is secured by an automatic metal gate, providing abundant off-street parking, privacy, and convenient access. The property also features a wheelchair-accessible front entrance, making it well suited for a variety of potential uses.
The detached ADU previously generated $1,825 per month in rental income, while the main residence is projected to lease for approximately $6,000 per month, offering attractive cash-flow potential. Whether utilized as a primary residence with supplemental rental income, a multi-generational living arrangement, or a fully income-producing investment, this property offers exceptional flexibility.
Situated on RD1.5-1XL zoning, the property may offer future development opportunities, subject to buyer investigation and City of Los Angeles approval.
Conveniently located near major employment centers, restaurants, shopping, public transportation, and freeway access, the property benefits from a high-demand rental corridor in one of Los Angeles' most centrally located neighborhoods.
The property consists of a 3-bedroom, 2-bathroom main residence offering approximately 1,593 square feet, along with a fully permitted 1-bedroom, 1-bathroom ADU at the separate address of 1560 N Kenmore Ave, providing approximately 430 square feet of additional living space for a combined total of approximately 2,024 square feet.
A long private driveway accommodates up to five vehicles and is secured by an automatic metal gate, providing abundant off-street parking, privacy, and convenient access. The property also features a wheelchair-accessible front entrance, making it well suited for a variety of potential uses.
The detached ADU previously generated $1,825 per month in rental income, while the main residence is projected to lease for approximately $6,000 per month, offering attractive cash-flow potential. Whether utilized as a primary residence with supplemental rental income, a multi-generational living arrangement, or a fully income-producing investment, this property offers exceptional flexibility.
Situated on RD1.5-1XL zoning, the property may offer future development opportunities, subject to buyer investigation and City of Los Angeles approval.
Conveniently located near major employment centers, restaurants, shopping, public transportation, and freeway access, the property benefits from a high-demand rental corridor in one of Los Angeles' most centrally located neighborhoods.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LARD1.5
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry Laundry Room
Exterior
Fence Wood, Wrought Iron
Roof Type Composition,Shingle
Total Parking Spaces 5
Building
Lot Description Front Yard, Level
Story 1
Water Public
Others
Tax ID 5543007001
Special Listing Condition Standard

Listed by Plamen Petkov Premier Realty & Management 714-697-7622, DRE #01886167
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