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1223 N Kenmore AvenueLos Angeles, CA 90029

For Sale

$2,995,000

Smart Buyer Rebate $29,950

1223 N Kenmore Ave is a newer construction fourplex located in the highly desirable East Hollywood submarket of Los Angeles. Built in 2017, the property consists of approximately 5,373 square feet and offers a highly functional mix of large townhome-style residences designed to meet modern tenant preferences. Importantly, the property is not subject to local rent control, providing investors with valuable operational flexibility and long-term income growth potential. The unit composition includes two 3-bedroom / 2.5-bath units, one 3-bedroom / 3-bath unit, and one 4-bedroom / 3-bath unit, delivering an attractive blend of layouts that appeal to a broad tenant base. Each unit features a multi-level design with no units above or below, enhancing privacy and contributing to strong rental demand. Interior finishes reflect contemporary construction standards, including abundant natural light, spacious bedrooms, hardwood flooring throughout, central air-conditioning, stainless-steel appliance packages, and in-unit washer and dryers. The property's newer vintage reduces near-term capital expenditure exposure and supports long-term operational efficiency. The asset benefits from a practical and convenient parking configuration, including direct-entry garages and supplemental driveway parking, providing ease of use for residents while remaining consistent with surrounding market expectations. Situated on a quiet residential street, the property is walking distance to the Vermont / Santa Monica Metro station and offers convenient access to major lifestyle, employment, and entertainment corridors, including Silver Lake, Echo Park, Larchmont Village, Koreatown, and Hollywood. This central location underpins the property's strong tenant appeal and durable investment fundamentals. The combination of newer construction, larger unit layouts, and non-rent-controlled status positions 1223 N Kenmore Ave as a compelling investment opportunity offering stable income characteristics and long-term appreciation potential. *Building and unit square footage are approximate and may be based on architectural plans or preliminary information. Actual as-built dimensions and rentable area may vary. Seller and Broker make no representation or warranty as to accuracy. Buyer to independently verify all information.

Listed by David Leibowitz

·

License #01912487

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Investment Real Estate Associates

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818-574-5132

Last updated March 12, 2026

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Source: CRMLS #26661033

Listing Facts

  • TypeMulti-family
  • NeighborhoodLittle Armenia
  • Bedrooms13
  • Days on Prevu13
  • Size5,373 sqft
  • Price per sqft$557

Amenities

  • Dishwasher
  • Washer/Dryer
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

03/04/2026
Listed by Investment Real Estate Associates
$2,995,000

Property Details for 1223 N Kenmore Avenue

Association

Amenities

  • Community Features: Gated

Exterior

Construction

  • New Construction: Yes
  • Number Of Units Total: 4
  • Stories Total: 3
  • Year Built: 2017
  • Architectural Style: Modern
  • Construction Materials: Stucco, Wood Siding

Features

  • Direction Faces: East

Measurements

  • Building Area Total: 5,373
  • Lot Size Acres: 0.14
  • Lot Size Area: 6,499
  • Lot Size Dimensions: 50,130
  • Lot Size Source: Other
  • Lot Size Square Feet: 6,499
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.36
  • Gross Income: $214,620.00

Taxes

  • Parcel Number: 5540007014

Interior

Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven, Refrigerator, Dryer, Washer
  • Interior Features: Walk-In Closet(s)

Measurements

  • Living Area: 5,373
  • Living Area Source: Plans

Rooms

  • Bathrooms Total Integer: 12
  • Bedrooms Total: 13

Parking

Parking

  • Garage Spaces: 4
  • Garage: Yes
  • Open Parking Spaces: 4
  • Parking Features: Assigned, Concrete, Door-Single, Garage, Garage Door Opener
  • Parking Total: 8

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 13 bedrooms in this multi-family home at 1223 N Kenmore Avenue.

Does this multi-family home have parking?

Yes, there are 4 parking spaces available for 1223 N Kenmore Avenue.

How does 1223 N Kenmore Avenue compare to other multi-family homes in Little Armenia?

This multi-family home is listed 92% above the average price for multi-family homes in Little Armenia and has been on the market for 137 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 5,373 sqft.

1223 N Kenmore Avenue is a 13-bedroom multi-family home for sale in Los Angeles CA 90029. On Prevu for 13 days at $2,995,000. This residence features 5,373 square feet of living space, located in Little Armenia. The median listing price for multi-family homes in this area is $1,239,000. Additional amenities include dishwasher, air conditioning, parking, and washer/dryer. Browse more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.