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Real Estate Listing at 1150 N Kingsley Drive, Los Angeles, CA, 90029 from The Knight Group LA

1150 N Kingsley Drive, Los Angeles, CA, 90029

The Knight Group LA
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$1,299,999
117 Days On Site

1150 N Kingsley Drive
Los Angeles, CA 90029

For Sale|Apartment|Pending
0
Beds
0
Full Baths
0
Partial Baths
3,199
SqFt
$406
/SqFt
1928
Built
County:
Los Angeles
Listed by Anie Mayelian of Keller Williams Realty Calabasas [email protected]
Call Now: 503.200.4823
Is this the home for you? We can help make it yours.
503.200.4823
1150 N Kingsley Drive1150 N Kingsley Drive1150 N Kingsley Drive1150 N Kingsley Drive
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Monthly Payment (Est.)

$5,931
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

We are pleased to present the opportunity to acquire a fixer 6 unit apartment building in East Hollywood! 4 of the 6 units will be delivered VACANT and present the ideal situation for a buyer to remodel and renovate the vacant units right away! The building consists of 2 structures--the front building consists of 5 units and the back building consists of 1 unit. ALL the units are in a heavy fixer condition. There are also 4 detached garages in the back lot, which can be converted to one or more ADUs. The spacious +/- 7,895 sq. ft. lot. also presents the opportunity to build additional ADUs on the lot. Upon renovating and repositioning the units, the buyer can realize annual rental income of at least $175,200. Located in an Opportunity Zone, the building could provide potential tax benefits for a buyer! The buyer also has the option to revise the unit interior floor plans to maximize revenue. Given the building's central location in the bustling rental Hollywood rental market and close to Virgil Village, Melrose Hill, and the numerous establishments across Santa Monica Blvd., this is a value-add investment not to be missed!

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Listing Snapshot
Price 
$1,299,999
Days On Site 
117 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,199 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1812 Acres
Year Built 
1928
MLS® Number 
SR24182288
Status 
Pending
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoStatus changed to Pending
a month agoListing updated with changes from the MLS®
4 months agoListing first seen on site
General Features
Acres 
0.1812
Garage 
Yes
Garage Spaces 
4
Number Of Stories 
2
Parking Spaces 
4
Property Condition 
Fixer
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
3199
Stories 
Two
Water Source 
Public
Zoning 
LARD1.5
Interior Features
Laundry Features 
Common Area
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Exterior Features
Pool Features 
None
Road Frontage 
City Street
Community Features
Building Access 
ground
Community Features 
CurbsStreet LightsSidewalks
Financing Terms Available 
Cash
MLS Area 
C20 - Hollywood
Roads 
Paved
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This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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