1558 N Kenmore Ave Los Angeles, CA 90027 Price Dropped by $75K

UPDATED: 05/13/2026 11:26 PM ON MARKET: 60 days on market

$1,275,000

4 Beds3 Baths2,024 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,024 sqft

Price per Sqft $629

MLS Listing ID 26669739

Bedrooms 4

Year Built 1912

Lot Size 6,804 Sqft

Acres 0.1562

Property Sub-Type Multi-Family

Property Description

Income producing opportunity located in East Hollywood's Little Armenia neighborhood directly next to KAISER PERMANENTE, offering strong rental demand and long-term investment potential. The property features a 3 bedroom, 2 bathroom main residence with approximately 1,593 square feet plus a FULLY PERMITTED ADU completed approximately in 2023 offering 1 bedroom, 1 bathroom and approximately 460 square feet for a combined total of approximately 2,024 square feet of living space. Zoned RD1.5-1XL, the property offers additional development potential subject to buyer verification and City of Los Angeles approval. The property was APPRAISED AT $1,590,000 ON 11/12/2025, presenting a compelling value opportunity at the current offering price. The ADU previously generated $1,825 per month, and the front home is projected to achieve approximately $6,000 per month, creating strong income potential for investors or owner-users seeking supplemental rental income. Significant improvements completed approximately in 2023 include a NEW ROOF, NEW HVAC SYSTEM, updated electrical panel with maintenance, exterior and interior paint, replaced blinds, removal of popcorn ceilings with new ceilings installed in the living and dining rooms, and a newly updated full bathroom. Additional improvements include a wheelchair-accessible front entrance ramp, major front foundation repair, and complete termite treatment with attic cleaning. Located in a high-demand rental corridor with close proximity to major employment centers, dining, transit, and central Los Angeles amenities. Property will be DELIVERED VACANT, and seller's personal belongings currently in the property will be removed prior to close of escrow. Property to be sold in its present AS-IS condition. Buyer to verify all information including square footage, permits, zoning, rental income, and development potential.

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Based on information from the Association of REALTORS®/Multiple Listing as of 05/25/2026 10:00. 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.

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