717 E Kensington Road
Los Angeles, CA 90026
0.29 acres | #SR25061709
Description
Presenting a multi-family investment opportunity in the highly sought-after Angelino Heights neighborhood of Los Angeles. First time on the market in over 50 years. This property consists of two contiguous parcels sold together, offering excellent potential for value appreciation and future rental income.
723 E. Kensington features a charming single-family home with 4 bedrooms and 2.5 bathrooms, spanning approximately 2,084 square feet on a 6,086 square foot lot. The home includes a large kitchen, walk-in pantry, dining room, family room, and a sunroom with convenient laundry hook-ups. The expansive backyard offers plenty of room for outdoor activities, and the detached garage provides potential parking for up to 4 vehicles. The property is zoned LARD2-1VL-HPOZ.
717-721 E. Kensington, the contiguous parcel, is composed of 3 detached bungalows, each with 2 bedrooms and 1 bathroom. The bungalows total approximately 2,204 square feet on a 6,495 square foot lot, also zoned LARD2-1VL-HPOZ.
Each unit has its own gas and electric meters. All roofs were replaced in 2024.
The property is fully occupied by long-term tenants who are currently paying below-market rents, providing significant upside potential for savvy investors.
This is a rare chance to acquire an income-generating property in one of Los Angeles' most desirable historic neighborhoods, with the potential for substantial growth in both rents and value. Don’t miss out on this exceptional investment opportunity!
Property Details
- Utility FeaturesElectricityConnected, NaturalGasConnected, WaterConnected
- Lot DescriptionSlopedDown, GentleSloping, RectangularLot
- Property TypeMulti-Family
- CountyLos Angeles
- Original List Price$2,775,000
- MLS #SR25061709
- Property SubtypeQuadruplex
- MLS #SR25061709
- Sewer InformationUnknown
- Cost2775000
- Acres0.2888
- FoundationRaised
- Utility SourcePublic
- Year Built1901
- Stories2
- Parking Spaces4
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced 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 broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Steven Weinberg (#F210092638)
Listing Office: Citadel Ventures, Inc. (#F5698001)
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