$1,775,000

1811 N Kingsley Dr , Los Angeles, CA 90027

 
Bedrooms:8 beds
Bathrooms:0 baths
(None specified):5,532 sqft
Lot:0.27
Year Built:1924
Listing Status:Active

Listing Agent

Shaya Lowenstein
http://www.kwlarchmont.com
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We cannot obtain a street view for this location. Please See Google Maps for any possible street views and other mapping views.
Loan Amount:
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Monthly tax: $
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Description

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.

Detailed Items

Other Information

1811 N Kingsley Dr, Los Angeles, CA, 90027 is a (none specified) listing of 5,532 sqft on a lot of 0.27. This (none specified) listing has 8 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property1811 N Kingsley Dr, Los Angeles, CA
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