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Listed by Steven Weinberg • Citadel Ventures, Inc.
$2,250,000
Est. payment /mo
0.29 Acres Lot
Price Dropped by $150K
717 -723 E Kensington RD Los Angeles, CA 90026
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR25061709
Style Craftsman,Bungalow
Year Built 1901
Lot Size 0.289 Acres
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Trust Sale...Call For Offers!! 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
Location
State CA
County Los Angeles
Area 699 - Not Defined
Interior
Heating Wall Furnace
Cooling None
Laundry None, Other
Exterior
Parking Features Other
Garage Spaces 4.0
Pool 31, None
Building
Lot Description Grade - Sloped Down , Grade - Gently Sloped
Story One Story
Foundation Raised
Sewer TBD
Water District - Public
Architectural Style Craftsman, Bungalow
Others
Tax ID 5405024031
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