4215 South Kansas Avenue Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90037
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 9,550 sqft
Price per Sqft $351
MLS Listing ID PW-24219007
Year Built 1924
Lot Size 6,659 Sqft
Property Description
4215 Kansas Avenue is a 24-unit apartment building in Los Angeles, California. The property is in a strong rental location just a half-mile from Expo Park and top Los Angeles attractions that include the L.A. Memorial Coliseum, BMO Stadium, the Lucas Museum, the California Science Center, the California History Museum, and more. Furthermore, USC and the Metro Expo line are just one mile from the property. 4215 Kansas Avenue features 23 studio apartments and one one-bedroom unit. Many of the units have been upgraded, and all are separately metered for gas and electricity. The building also offers on-site laundry, copper plumbing, upgraded electrical main and subpanels. Additionally, the seismic retrofit was completed in 2024. Current rents offer a new investor 20 percent rental upside, and attractive assumable financing make this a great acquisition opportunity in a dense rental market. Assumable financing terms: Freddie Mac loan via CBRE with a fixed rate of 3.71% until May 1st, 2030.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Laundry Community
Exterior
Parking Features Gated
Pool None
Community Features Urban
Building
Lot Description Rectangular Lot
Sewer Public Sewer