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Property

Los Angeles, CA 90029 1167 N Kingsley Drive

1167 N Kingsley Drive Los Angeles, CA - Image 11167 N Kingsley Drive Los Angeles, CA - Image 21167 N Kingsley Drive Los Angeles, CA - Image 3
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1167 N Kingsley Drive Los Angeles, CA - Image 41167 N Kingsley Drive Los Angeles, CA - Image 51167 N Kingsley Drive Los Angeles, CA - Image 61167 N Kingsley Drive Los Angeles, CA - Image 71167 N Kingsley Drive Los Angeles, CA - Image 8
Presented By: Adam Feldman with Matthews Real Estate Investment Services;
  • MLS# 24413013
  • 07/09/2024
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  • Beds • 10
  • Baths • 6
  • SQFT • 6,176
  • Year Built • 1938

Home Details

1167 N Kingsley Dr is a 6-unit apartment building located in the dynamic Little Armenia Neighborhood of East Hollywood. This is a charming property that has been extremely well maintained by the current ownership. The property features an attractive unit mix of three one bedroom, one-bathroom units, two two-bedroom, one-bathroom units and one three-bedroom, one-bathroom unit. The property features large units with each unit averaging over 1,000 square feet. With 25% upside this is an enticing value-add project for a clever investor.
Presented By: Adam Feldman with Matthews Real Estate Investment Services;

Interior Features for 1167 N Kingsley Drive

Bedrooms

Total Bedrooms10

Bathrooms

Half Baths0
Total Baths6
1/4 Baths
3/4 Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Total Stories2

General for 1167 N Kingsley Drive

Additional Parcels Y/NNo
Attached Garage No
Cap Rate5.51
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
DirectionsNorth of Santa Monica Blvd and South Of Fountain
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income130714.0
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet7823.0
Lot Size UnitsSquareFeet
MLS AreaC20 - Hollywood
MobileHomeRemainsYNNo
Net Operating Income81784.0
New ConstructionNo
Number Of Units Total6
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories2
Year Built1938
ZoningLARD1.5

Exterior for 1167 N Kingsley Drive

Building Area Total6176.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1796
Lot Size Area7823.0
Number of Buildings1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking4.0
WaterfrontY/NNo

Additional Details

Price History

Clayton Bond

Sales Associate
Price $1,485,000
MLS#24413013
List Date 07/09/2024
Property Type Multi-Family
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