JUST LISTED!
310 S Kenmore Ave - Koreatown
Built in 1988 | No Rent Control
List Price: $8,600,000
Habitat Apartments, located at 310 South Kenmore Avenue in the heart of Los Angeles’ rapidly reviving Koreatown submarket, is a 24-unit, four-story multifamily property that offers investors the opportunity to acquire a property that has been 60% renovated with proven market rents. The astute investor can further improve property performance by continuing renovations on units as they become vacant to capture market rents and higher-quality tenants. Constructed in 1988, the property is not subject to rent control ordinances, and units may be easily turned as leases expire.
The property offers a blend of two Studio, one Studio + Loft, six 1-Bedroom + 1-Bath, three-1-Bedroom + 1.5-Bath + Loft, and twelve 2-Bedroom + 2-Bath units. Extensive renovations have been completed in 15 of the 24 units , with updated desirable floor plans featuring kitchens that are open to the living and dining rooms, new shaker kitchen cabinets, quartz countertops, hardwood floors, stainless steel appliances & updated bathrooms with designer touches.
Built in 1988 - Not Subject to Rent Control
Excellent Korean Location - South of 3rd St
50% of the Units are 2-Bedroom/2-Bath
Surrounded by Numerous Developments
Fifteen Units Extensively Renovated
