Property Detail

Description

Ideally located directly next to Kaiser Permanente in the heart of East Hollywood's Little Armenia neighborhood, 1558 N Kenmore Ave presents an outstanding opportunity for investors, owner-users, or those seeking a property with excellent income potential. With its highly visible location and flexible layout, the property may also appeal to professional users looking for office or business space, subject to buyer verification of permitted use with the City of Los Angeles. The property consists of a 3-bedroom, 2-bathroom main residence offering approximately 1,593 square feet, along with a fully permitted 1-bedroom, 1-bathroom ADU at the separate address of 1560 N Kenmore Ave, providing approximately 430 square feet of additional living space for a combined total of approximately 2,024 square feet. A long private driveway accommodates up to five vehicles and is secured by an automatic metal gate, providing abundant off-street parking, privacy, and convenient access. The property also features a wheelchair-accessible front entrance, making it well suited for a variety of potential uses. The detached ADU previously generated $1,825 per month in rental income, while the main residence is projected to lease for approximately $6,000 per month, offering attractive cash-flow potential. Whether utilized as a primary residence with supplemental rental income, a multi-generational living arrangement, or a fully income-producing investment, this property offers exceptional flexibility. Situated on RD1.5-1XL zoning, the property may offer future development opportunities, subject to buyer investigation and City of Los Angeles approval. Conveniently located near major employment centers, restaurants, shopping, public transportation, and freeway access, the property benefits from a high-demand rental corridor in one of Los Angeles' most centrally located neighborhoods.