Los Angeles, CA 90026 728 E Kensington Road

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Presented By: Steven Weinberg with Citadel Ventures, Inc.; 818-992-4896
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# SR25048804
  • 03/20/2025
  • Request Tour
  • Request Info
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 17
  • Full/Half Baths • 8 / 1
  • SQFT • 8,270
  • Garage • 2

Home Details

First time on the market since owner built the property in 1974. This 6-unit apartment building, constructed in 1974, offers a prime investment opportunity in the desirable Angelino Heights neighborhood of Los Angeles. The property boasts approximately 8,270 square feet of improvements situated on approximately 9,688 square foot lot. The building consists of five 2-bedroom, 1-bathroom units, and one townhouse-style unit with 7 bedroom 4.5 bathrooms. Each unit has its own central heating, air conditioning and hot water heaters and has individual meters for gas and electricity. The roof was replaced in 2024 and the air conditioning and heating units of all the units have been replaced starting in 2018 for 1 unit, 2021 for 3 of the units and 2 unit in 2025. In addition to the five rental units, the building features a spacious owner’s unit—an expansive 7-bedroom, 4.5-bathroom, with additional coverable office/den/ possible 8th bedroom on garage level, townhouse-style unit. The owner's unit offers a large expansive living space with large living room and kitchen, with built in cabinets throughout for tons of storage, plus its own attached two-car garage with direct access to the unit with its own laundry hookups for added convenience. The property has off street parking which includes space for five cars at the rear of the building. With long-term tenants in place and rents currently well below market, this property presents significant upside potential for investors seeking to capitalize on the rising rental rates in this sought-after area. Overall, this building offers an excellent opportunity for both immediate income and future appreciation in a rapidly growing part of Los Angeles.
Presented By: Steven Weinberg with Citadel Ventures, Inc.; 818-992-4896

Interior Features for 728 E Kensington Road

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories3

Other Rooms

Entry Level2

General for 728 E Kensington Road

Additional Parcels Y/NNo
AppliancesDryer, Washer
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate4.9
Carport Y/NNo
CityLos Angeles
Community FeaturesSidewalks
CoolingCentralAir
CountyLos Angeles
Current FinancingAssumable
DirectionsWest of W Sunset Blvd. North of Marion Ave
DisclosuresRentControl
Electric Expense774.0
Electric On Property Y/NNo
Entry Locationsome first level some 2nd level
Fuel Expense382.0
Garage Spaces2.0
Garage Y/NYes
Gross Income175065.0
HOANo
HOA Fee$0.0
HeatingCentral
Home Warranty Y/NNo
Insurance Expense5000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsMultiSplit
Listing TermsCash, CashToExistingLoan, CashToNewLoan, TrustConveyance
Lot Size Square Feet9688.0
Lot Size UnitsSquareFeet
MLS Area699 - Not Defined
MaintenanceExpense2604.0
MobileHomeRemainsYNNo
Net Operating Income115092.0
New ConstructionNo
Number Of Units Total6
Number of Units Leased5
Open Parking Spaces5.0
Operating Expense54721.0
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NYes
Property Sub Type AdditionalMixedUse
Property SubtypeMixedUse
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerUnknown
Spa FeaturesNone
Special Listing ConditionsTrust
Standard StatusActive
StatusActive
Tax Lot14
Taxes$34,375
Tenant PaysElectricity, Gas
Total Actual Rent8414.0
Trash Expense341.0
UtilitiesElectricityConnected, NaturalGasConnected
Water Sewer Expense9000.0
Year Built1974
Year Built SourcePublicRecords
ZoningLARD2

Exterior for 728 E Kensington Road

Building Area Total8270.0
Crops Included Y/NNo
FencingBlock
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesNearPublicTransit, RectangularLot
Lot Size Acres0.2224
Lot Size Area9688.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters7
Number of Separate Gas Meters6
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesDirectAccess, DoorSingle, DrivewayUpSlopeFromStreet, Garage, Gravel, OnSite, OneSpace, SeeRemarks
Private PoolNo
Road Surface TypePaved
SpaNo
Total Parking7.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $2,450,000
MLS#SR25048804
List Date 03/20/2025
Property Type Multi-Family
Phone 714.742.6515
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