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$2,400,000
Est. payment /mo
9 Beds
4,288 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,288 sqft
Price per Sqft $559
MLS Listing ID CRSR25061709
Bedrooms 9
HOA Y/N No
Year Built 1901
Lot Size 0.289 Acres
Acres 0.29
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
Location
State CA
County Los Angeles
Zoning LARD
Interior
Heating Wall Furnace
Cooling No Air Conditioning
Flooring Vinyl, Carpet, Wood
Fireplace No
Laundry Inside, See Remarks, No Hookups
Exterior
Exterior Feature Other
Utilities Available Other Water/Sewer
Total Parking Spaces 4
Building
Lot Description Sloped Down, Other
New Construction No
Others
Tax ID 5405024031
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© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Steven Weinberg • Citadel Ventures, Inc.
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