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    1757 N Kingsley Drive

    Los Angeles (City), CA 90027
    • $8,500,000
    • STATUS: Active
    • ON SITE: 27 days
    • ID#: SB20200653
    UPDATED: 61 min ago
    $8,500,000
    • 0
      BEDS
    • 0.42
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 12,959
      SQFT
    • $656
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1968
    County:

    School Ratings & Info

    Description

    1757 N. Kingsley Drive is a beautifully remodeled 26 unit apartment community located in the desirable Los Feliz/East Hollywood neighborhood. 21 of 26 units have been renovated to condo quality, offering residents designer finishes, customized kitchen cabinets and closets, stainless steel appliances, designer tile bathrooms and backsplashes, and recessed lighting throughout. The building is walking distance to Griffith Park, the Metro line and the trendy restaurants and retail that make up the Los Feliz neighborhood. The property has a private central courtyard + swimming pool with new contemporary landscaping and lighting. The building also has a renovated pool room with bathroom that may qualify to be converted into a new legal unit.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-23T22:29:49.227. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

    www.therealestategirl.com/homes/110394440
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    1757 N Kingsley Drive Los Angeles (City), CA 90027

    • Price: $8,500,000
    • Status: Active
    • Updated: 61 min ago
    • ID#: SB20200653
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.42
    Acres
    12,959
    SQFT
    $656
    $/SQFT
    1968
    Built
    Neighborhood:
    637 - Los Feliz
    County:
    Los Angeles
    Area:
    637 - Los Feliz
    Property Description
    1757 N. Kingsley Drive is a beautifully remodeled 26 unit apartment community located in the desirable Los Feliz/East Hollywood neighborhood. 21 of 26 units have been renovated to condo quality, offering residents designer finishes, customized kitchen cabinets and closets, stainless steel appliances, designer tile bathrooms and backsplashes, and recessed lighting throughout. The building is walking distance to Griffith Park, the Metro line and the trendy restaurants and retail that make up the Los Feliz neighborhood. The property has a private central courtyard + swimming pool with new contemporary landscaping and lighting. The building also has a renovated pool room with bathroom that may qualify to be converted into a new legal unit.
    Exterior Features

    Architectural Style Mid Century Modern Fence YN Yes Fencing Stucco Wall Garage Spaces 0.00 Lot Features Front YardGardenLot 10000-19999 SqftPark NearbyPaved Lot Size Source Assessor Lot Size Units Square Feet Parking Features AssignedAttached CarportConcrete Parking Total 0.00 Parking YN Yes Pool Features CommunityIn Ground Pool Private YN No Property Attached YN Yes Roof Composition Spa Features None Spa YN No View Hills View YN Yes

    Interior Features

    Appliances DishwasherDisposalGas & Electric Range Appliances YN Yes Average Studio Area 350 Average Studio Area Units Square Feet Average1 Bed Area 525 Average1 Bed Area Units Square Feet Average2 Bed Area 650 Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling Electric Cooling YN Yes Fireplace Features None Fireplace YN No Flooring LaminateTileVinyl Laundry Features Common Area Levels Two Room Type Living Room

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 4.63 Community Features ParkSidewalksStreet LightsUrban Country Us Elevation Units Feet Fuel Expense 4741.00 Gross Income 591531.00 Gross Multiplier 14.30 Gross Scheduled Income 591531.00 Insurance Expense 4324.00 Land Lease YN No Laundry YN Yes Net Operating Income 393495.00 New Construction YN No New Taxes Expense 104550.00 Number Of Separate Electric Meters 26 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Operating Expense 180291.00 Professional Management Expense 20704.00 Property Condition Updated/Remodeled Rent Control YN Yes Security Features Automatic GateCarbon Monoxide Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 180291.00 Trash Expense 9360.00 Utilities Electricity AvailableElectricity ConnectedNatural Gas AvailableNatural Gas ConnectedSewer ConnectedUnderground Utilities Water Sewer Expense 8808.00 Water Source Public Year Built Source Assessor Zoning Lar3

    Listing provided courtesy of Albert Bernal of Skye Urban Home


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-23T22:29:49.227. 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.

     
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