CA > Los Angeles
Los Angeles, CA 90026,717 -723 E Kensington RD
Los Angeles, CA 90026,717 -723 E Kensington RD
Los Angeles, CA 90026,717 -723 E Kensington RD
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$2,775,000
Est. payment /mo
0.29 Acres Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25061709

HOA Y/N No

Year Built 1901

Lot Size 0.289 Acres

Property Sub-Type Quadruplex

Property 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!

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning LARD2-1VL-HPOZ

Interior

Heating Wall Furnace

Cooling None

Flooring Carpet, Vinyl, Wood

Fireplace No

Laundry Inside, None, See Remarks

Exterior

Parking Features See Remarks

Garage Spaces 4.0

Garage Description 4.0

Fence Block, Chain Link

Pool None

Community Features Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Water Connected

Total Parking Spaces 4

Private Pool No

Building

Lot Description Sloped Down, Gentle Sloping, Rectangular Lot

Story 2

Entry Level One,Two

Foundation Raised

Sewer Unknown

Water Public

Architectural Style Bungalow, Craftsman

Level or Stories One, Two

New Construction No

Others

Senior Community No

Tax ID 5405024031

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Trust

Read Less Info
California Regional MLS (CRMLS)
Listed by Steven Weinberg • Citadel Ventures, Inc. • 818-992-4896

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