Attention investors and developers! An extraordinary investment opportunity awaits in the heart of Los Angeles at 542-544 N. Kenmore Ave. This property boasts a compelling location in the hot Mid-Wishire district. The property has been in use as a rehabilitation facility for two decades but is ready to be developed or returned to its original glory: 4 large 2BR 1BA classic 1920 apartments w/ hardwood floors, high ceilings, etc., plus a 4-bedroom guest/rental unit in the rear building. The bones are there, but the building will need substantial renovations for this use. Alternatively, develop the property into five-story 15+ unit building, like several others in the neighborhood. Close to freeways and subways, it's an easy commute to DTLA and the Valleys, and just a ten minute walk to LA City College. Our walkable neighborhood is one of the most dynamic and diverse in the US, with a full range of retail and multi-cultural food options close by: Korean BBQ's, cafes, and on-trend restaurants - more are arriving every day. Authenticity and vitality are the keys to this neighborhood; they combine to make this location increasingly sought after by the young creatives pouring in to Los Angeles. Transportation options are critical to your future residents and they are abundant: we are 7
CL24350471
Business Opportunities, Other
Los Angeles
1922
0.22
Acres
Other, Public
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
Walk Score
Transit Score
Bike Score
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