
Closed Listing
East Hollywood Owner-User @ 96% of Listed Price
1315 n kingsley dr
sold in
East Hollywood
Sold At
$
1,310,000
5
Number of Units
1955
Year Built
3,230
SF
Square Footage
8,478
SF
Lot Size
LAR3
Zoning
1315 N Kingsley Dr, Los Angeles, CA 90027
About the Property
Kenny Stevens Team is pleased to present 1315 N. Kingsley Drive, a 5-unit owner/user investment opportunity located just north of Fountain Avenue. Sitting on a 8,478 SF lot zoned LAR3, the property features (1) three-bedroom and two bath single-family residence and (4) studio units spread across two structures. Please note, the three-bedroom front house and (1) studio unit will be delivered VACANT upon COE. Property amenities include a large shared driveway, community yard and (2) one-car garages that have the opportunity to be converted to ADUs. 1315 Kingsley presents a value-add opportunity to investors, as current rents are approx. 20% below market value for nicely remodeled units in the area.
1315 N Kingsley Dr.
Hollywood / East Hollywood / Los Feliz
Offering Price
$1,310,000
Number of Units
5 Units
Price per. Unit
$262,000
Bldg. Size
3,230 SF
Price per Foot
$405
Lot Size
8,478 SF
Year Built
1955
Current CAP
4.7
Market CAP
6.06
Zoning
LAR3
Detailed Brochure on Real Estate Opportunities
Price P/ Unit
$262,000
Price p/ Sq. ft.
$405
Proforma Cap Rate
6.06




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Sales agent
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