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To list your property with Belmont Brokerage, contact us at (818) 967-6311 or email brokerage@bbandm.com. Our team will provide a complimentary AI-powered Comparative Market Analysis (CMA), professional staging recommendations, and a customized marketing strategy. We list on the MLS and through our exclusive off-market network for maximum exposure.

Does Belmont Brokerage handle commercial real estate?

Yes. Belmont Brokerage handles commercial real estate transactions including office spaces, retail locations, multi-family investments, and mixed-use developments throughout Los Angeles County. Our commercial division provides investment analysis, lease negotiations, and 1031 exchange guidance.

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Belmont Brokerage combines California MLS data with internal valuation and offer-strategy workflows, plus compliance-aware document tooling. Agents get data-driven pricing context grounded in active listings and recent market activity.

Is Belmont Brokerage a licensed California real estate brokerage?

Yes. Belmont Brokerage Inc. operates under California Department of Real Estate (DRE) license #02431308. Listings shown from the MLS follow participating board rules, including attribution and IDX display requirements.

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520 S Kenmore Avenue — Los Angeles — 15 Beds • 24 Baths • 18,783 Sq Ft | Belmont Brokerage

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$4,900,000

$261/ft²

520 S Kenmore Ave, Los Angeles, CA 90020

Property Description

UNIT MIX: 1Bed 1Bath x 15. Studio 1Bath X 9. Actual current monthly income: $34,808.74. Annual $417,696.00 What a location! Yes, they say location matters and it really does. Within feet reaching location of ever-so-famous Chapman Plaza, City Center and the rest of the "Koreatown Sixth Street Corridor" First time on the market in 15 years! Huge upside potential for income! All tenants are current on their rental payments. Subterranean gated parking of 24 cars all side x side all separately metered. R4 Zoning of approximately 10,000 SF lot on Tier 3 TOC with number of new developments/projects within close proximity to the subject property. 100% RC, NON-HPOZ. New roof is being installed, majority of electricals and plumbing were upgraded in the recent past years per Seller. Drive-by ONLY! See Private Remarks.

Listing provided by: Peter YooDRE #01449891310-528-5240 PETERYOO247@gmail.com, High Equity Real Estate Service, Inc.

MLS #: 24408191

FLIP & EXPANSION SIMULATORHIGH RISK / NEGATIVE

Simulate profit based on remodel ($140/sf) & addition ($180/sf)

-$1.97M

-49.0% ROI

Rehab + Add$2738K

Est. ARV$5970K

Est. Profit-$1.97M

Proj. ROI-49%

Sqft to Add (Expansion / ADU)+600 sqft (19,383 total sf)

Remodel Rate (Existing Space)$140/sqft ($2630K total)

New Build Rate (Addition / ADU)$180/sqft ($108K total)

Purchase Price:$4,900,000

Remodel (18783 sf @ $140/sf):$2,629,620

Addition (+600 sf @ $180/sf):$108,000

Est. Closing, Holding & Fees (~5%):$298,498

Target ARV (19383 sf @ $308/sf):$5,969,964

Est. Net Profit:-$1,966,154

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$4,900,000

520 S Kenmore Ave, Los Angeles, CA 90020

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520 S Kenmore Avenue, Los Angeles, CA 90020

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$4,900,000

520 S Kenmore Ave, Los Angeles, CA 90020

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Presented by Belmont Brokerage Inc.