
Multifamily listing
1315 n kingsley dr
sold in
East Hollywood
East Hollywood Owner-User @ 96% of Listed Price
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
Listed Price
$
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
Download the OM to view Property Highlights, Financials & Sales Comparables
Price P/ Unit
$262,000
Price p/ Sq. ft.
$405
Proforma Cap Rate
6.06




Contact
Sales agent
Related
Closed Listings
MEET THE TEAM
We make your life easier
We Sweat the Details, So You Don't Have To
Interested in this listing? Enter your name and email below to learn more.



















