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1214 N Kingsley Drive

Los Angeles, CA 90029
  • $3,500,000
  • STATUS: ACTIVE
  • ON SITE: 89 Days
  • ID#: SR23167842
$3,500,000
  • 4
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Welcome to this remarkable 8-unit apartment building nestled in the heart of East Hollywood. Comprising six one-bedroom, one-bathroom units, and two two-bedroom, one-and-a-half bathroom units, this property offers a stable and attractive long-term investment opportunity. The building boasts a total of 6,703 rentable square feet, providing ample space for residents to call home. Each unit is equipped with individual gas and electricity meters, ensuring efficient utility management. Extensive renovations have been completed throughout all units, enhancing their appeal and desirability. Its central location in Little Armenia offers easy access to the Metro, LA City College, Griffith Park, Los Feliz, Silver Lake, Echo Park, and DTLA. Close to shopping, dining, and parks. Don't miss this exceptional opportunity to invest in a well-maintained multifamily building in a burgeoning neighborhood with a bright future. Welcome to this remarkable 8-unit apartment building nestled in the heart of East Hollywood. Comprising six one-bedroom, one-bathroom units, and two two-bedroom, one-and-a-half bathroom units, this property offers a stable and attractive long-term investment opportunity. The building boasts a total of 6,703 rentable square feet, providing ample space for residents to call home. Each unit is equipped with individual gas and electricity meters, ensuring efficient utility management. Extensive renovations have been completed throughout all units, enhancing their appeal and desirability. Its central location in Little Armenia offers easy access to the Metro, LA City College, Griffith Park, Los Feliz, Silver Lake, Echo Park, and DTLA. Close to shopping, dining, and parks. Don't miss this exceptional opportunity to invest in a well-maintained multifamily building in a burgeoning neighborhood with a bright future.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.gellens.com/homes/143241285
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1214 N Kingsley Drive Los Angeles, CA 90029

  • Price: $3,500,000
  • Status: ACTIVE
  • On Site: 89 Days
  • ID#: SR23167842
4
Beds
0
Baths
0
½ Baths
0.18
Acres
Neighborhood:
Los Angeles (90029)
County:
Los Angeles
Area:
Los Angeles (90029)
Property Description
Welcome to this remarkable 8-unit apartment building nestled in the heart of East Hollywood. Comprising six one-bedroom, one-bathroom units, and two two-bedroom, one-and-a-half bathroom units, this property offers a stable and attractive long-term investment opportunity. The building boasts a total of 6,703 rentable square feet, providing ample space for residents to call home. Each unit is equipped with individual gas and electricity meters, ensuring efficient utility management. Extensive renovations have been completed throughout all units, enhancing their appeal and desirability. Its central location in Little Armenia offers easy access to the Metro, LA City College, Griffith Park, Los Feliz, Silver Lake, Echo Park, and DTLA. Close to shopping, dining, and parks. Don't miss this exceptional opportunity to invest in a well-maintained multifamily building in a burgeoning neighborhood with a bright future. Welcome to this remarkable 8-unit apartment building nestled in the heart of East Hollywood. Comprising six one-bedroom, one-bathroom units, and two two-bedroom, one-and-a-half bathroom units, this property offers a stable and attractive long-term investment opportunity. The building boasts a total of 6,703 rentable square feet, providing ample space for residents to call home. Each unit is equipped with individual gas and electricity meters, ensuring efficient utility management. Extensive renovations have been completed throughout all units, enhancing their appeal and desirability. Its central location in Little Armenia offers easy access to the Metro, LA City College, Griffith Park, Los Feliz, Silver Lake, Echo Park, and DTLA. Close to shopping, dining, and parks. Don't miss this exceptional opportunity to invest in a well-maintained multifamily building in a burgeoning neighborhood with a bright future.
Exterior Features

Pool N/K

Interior Features

Stories 2 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1

Property Features

Annual Expense Actual 0 Buildings 1 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 170000 Terms CashConventional Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 2102.0 Unit2 Rent Actual 1540.0 Unit3 Rent Actual 1700.0 Unit4 Rent Actual 1167.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Haik Bokhchalian of Johnhart Real Estate: 818-400-1868. Listing information © 2023 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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