Skip To Content

    1811 N Kingsley Dr

    Los Angeles, CA 90027
    • $2,399,000
    • STATUS: Active
    • ON SITE: 30 days
    • MLS #: 21-734700
    $2,399,000
    • 8
      BEDS
    • 0.27
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,532
      SQFT
    • $434
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:
    Area:

    School Ratings & Info

    Description

    Existing 8 unit property with development opportunity in prime Los Feliz location, minutes from the Griffith Observatory. Lot size is 11,616 SF and property is zoned R3-1 TOC tier 3, allowing for up to 14 apartments or condos by right, or 26 units with taking advantage of the TOC density bonus. Property currently has 8 occupied apartments, with low operating expenses, offering immediate rental income.

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-19T23:42:44.66. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.haciendagroupinc.com/homes/117439436
    Print Image

    1811 N Kingsley Dr Los Angeles, CA 90027

    • Price: $2,399,000
    • Status: Active
    • MLS #: 21-734700
    8
    Beds
    0
    Baths
    0
    ½ Baths
    0.27
    Acres
    5,532
    SQFT
    $434
    $/SQFT
    1924
    Built
    Neighborhood:
    Hollywood
    County:
    Los Angeles
    Area:
    Hollywood
    Property Description
    Existing 8 unit property with development opportunity in prime Los Feliz location, minutes from the Griffith Observatory. Lot size is 11,616 SF and property is zoned R3-1 TOC tier 3, allowing for up to 14 apartments or condos by right, or 26 units with taking advantage of the TOC density bonus. Property currently has 8 occupied apartments, with low operating expenses, offering immediate rental income.
    Exterior Features

    Direction Faces East Lot Size Area 11616 Other Structures None Parking Garage Driveway Total Parking 8 View Description MountainsCity View YN Yes

    Interior Features

    Baths Total 8.00 Common Walls Attached Cooling None Equipment Garbage Disposal Heating Wall Gas

    Property Features

    Assessed Total Value 427366 Gross Income 119580 Gross Operating Income 119580 Like Units1 8 Net Operating Income 74630.00 Number Of Buildings 3 Number Of Units 8 Sale Type Standard Source Living Area Other Source Lot Size Area Assessor Total Annual Expense 44950 Type Of Units 1 Year Built Source Assessor Zoning Lar3-1

    Listing provided courtesy of Shaya Lowenstein DRE#01942326 of Keller Williams Larchmont.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-19T23:42:44.66. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
    https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-734700-2.jpg
    Logo
    Hacienda Agency Inc
    77935 Calle Tampico # 201
    La Quinta CA, 92253