$ 1,775,000
-
$1,775,000
Price -
6
Bed -
6
Bath -
5,532
SqFt
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About the Listing CLW-X82195 - CLW-C120744
Incredible opportunity in a prime Los Feliz adjacent location. Large property of close to 12,000 SF of land, offers many opportunities. There are currently 8 units spread over 3 bungalow style structures with 8 on site parking spaces. With a current cap rate of 5.89% and approximately 42% upside in existing rents, offering a cap rate of 9.4% at market rents. The large lot has potential for up to 6 ADUs or more, which would raise the cap rate to above 10%! Tenants pay their own trash, keeping expenses low. The large lot, zoned LAR3 also offers potential for ground up development.
Listing Highlights for 1811 N Kingsley Dr
Status
Active
Days on Site
114
Property Type
Multi-Family
MLS ®
25539067
Year Built
1924
Total Square Footage
5,532
Lot/Acreage
0.27
County
Los Angeles
Area
C20 - Hollywood
Interior Details
- Bedrooms: 6
- Bathrooms: 6 Full
- Appliances: Disposal
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 8
- Zoning: LAR3-1
- Roof:
- Others: 2+ Total Units
- Sewer:
- Parking Features: Driveway
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5544010011
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
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Listing Location
Questions About..
1811 N Kingsley Dr Los Angeles, CA 90027
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