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Property

Los Angeles, CA 90027 4530 Kingswell Avenue

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Presented By: Ken Shapiro with Silverwood Properties;
  • MLS# 24463049
  • 11/13/2024
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  • Beds • 7
  • Baths • 7
  • SQFT • 2,199
  • Year Built • 1911

Home Details

Get ready to feast your eyes on what is, arguably, one of the most attractive multi-family properties in all of Los Feliz. All units will be delivered vacant by end of February! Seller will lease back the units until then. And, lest you think the pro forma rents are too high for units of this size, consider the following: a) these 'units' are each detached bungalows, i.e., no common walls. Each of them acts and feels like small single family residences b) the two smaller units each have their own private dedicated yard, an almost unheard of amenity for a multi-family. c) each unit is air conditioned, has in-unit laundry and full-on kitchen appliances, including dishwasher. d) each unit has its own parking; the 4 bed has 4 car tandem parking! e) this property has awesome walkability - walking distance to both Hillhurst and Vermont, yet far enough away from either of them to be in a tranquil space. For the uninitiated, Hillhurst and Vermont between Hollywood and Los Feliz Blvd are two of the most popular walking streets on the East Side, chock full of great restaurants of all types and kinds, including Jeni's Splendid Ice Cream shop, and even the venerable Los Feliz movie theater. f) The units can come fully furnished if the buyer so desires and g) the units have been renovated to a very high quality inside and out, and are just plain beautiful. Incidentally, the current owner has had great success renting these units on a monthly basis. He is quite happy to walk you through what he has been doing. If you are interested in following in his footsteps you can increase those pro forma rents by about $1200. Great for an owner-user or for an investor. Come and make it yours.
Presented By: Ken Shapiro with Silverwood Properties;

Interior Features for 4530 Kingswell Avenue

Bedrooms

Total Bedrooms7

Bathrooms

Half Baths0
Total Baths7
1/4 Baths
3/4 Baths

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
LivingAreaSourceAssessor
Total Stories1

General for 4530 Kingswell Avenue

Additional Parcels Y/NNo
AppliancesDishwasher, Refrigerator
Attached Garage No
Carport Y/NNo
CityLos Angeles
CoolingCentralAir
CountyLos Angeles
DirectionsEast of Vermont. North of Prospect and South of Franklin.
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income156000.0
HOANo
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet6730.0
Lot Size UnitsSquareFeet
MLS Area637 - Los Feliz
MobileHomeRemainsYNNo
Net Operating Income109200.0
New ConstructionNo
Number Of Units Total3
Open Parking Spaces7.0
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Year Built1911
Year Built SourceAssessor
ZoningLAR2

Exterior for 4530 Kingswell Avenue

Building Area Total2199.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1545
Lot Size Area6730.0
Lot Size SourceAssessor
Number of Buildings3
Open Parking Y/NNo
Parking FeaturesUncovered
Private PoolNo
SpaNo
Total Parking7.0
WaterfrontY/NNo

Additional Details

Price History

Clayton Bond

Sales Associate
Price $1,995,000
MLS#24463049
List Date 11/13/2024
Property Type Multi-Family
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