$ 1,695,000
-
$1,695,000
Price -
6
Bed -
6
Bath -
5,532
SqFt
NEW! Buy and sell safely with virtual options - Learn More
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
Status
Active
Days on Site
216
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
% Down Payment
% Mortgage Rate
Questions About..
1811 N Kingsley Dr Los Angeles, CA 90027
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
