CA > Los Angeles
Los Angeles, CA 90027,1811 N Kingsley Dr
Los Angeles, CA 90027,1811 N Kingsley Dr
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Kirshner Elkin Properties

Kirshner Elkin Properties

+1(424) 214-0133
$1,775,000
Est. payment /mo
8 Beds
8 Baths
5,532 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,532 sqft

Price per Sqft $320

MLS Listing ID 25539067

Bedrooms 8

Year Built 1924

Lot Size 0.267 Acres

Acres 0.2667

Property Sub-Type Multi-Family

Property Description

Incredible opportunity in a prime Los Feliz adjacent location. Large property of close to 12,000 SF of land, offers many opportunities. There are currently 8 units spread over 3 bungalow style structures with 8 on site parking spaces. With a current cap rate of 5.89% and approximately 42% upside in existing rents, offering a cap rate of 9.4% at market rents. The large lot has potential for up to 6 ADUs or more, which would raise the cap rate to above 10%! Tenants pay their own trash, keeping expenses low. The large lot, zoned LAR3 also offers potential for ground up development.

Location

State CA

County Los Angeles

Area Hollywood

Zoning LAR3-1

Rooms

Other Rooms None

Interior

Heating Wall Gas

Cooling None

Equipment Garbage Disposal

Exterior

Parking Features Driveway

Garage Spaces 8.0

View Y/N Yes

View Mountains, City

Building

Story 1

Level or Stories Two

Others

Special Listing Condition Standard

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TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Lyon Stahl Investment Real Estate, Inc.

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Kirshner Elkin Properties

+1(424) 214-0133

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