735 N Kingsley Drive

    Los Angeles (City), CA 90029
    • $1,200,000
    • STATUS: Active
    • ON SITE: 189 days
    • ID#: 19454294
    UPDATED: 238 min ago
    $1,200,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,456
      SQFT
    • $489
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    TWO UNITS WILL BE DELIVERED VACANT! GREAT FIXER UPPER! Great development & investment opportunity in a fast growing area of E. Hollywood! Located close to Los Angeles City College, Koreatown & Hollywood, this location is excellent for rental and has a lot of potential for growth! The subject property features well-maintained two duplexes sitting on a 7,311sf lot. Beautiful property with a manicured front lawn, great unit mix, and ample parking on site. Owner lives in one of the units and has taken great care of the property. This is perfect for owner-user who wants to occupy one of the units and generate great income on other units or a savvy developer who wants to develop multifamily units to capture maximum income.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-18T00:36:20.21. 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 Allison James Estates and Homes. Licensed in the State of California, USA.
    www.teamforss.com/homes/93617437

    735 N Kingsley Drive Los Angeles (City), CA 90029

    • Price: $1,200,000
    • Status: Active
    • Updated: 238 min ago
    • ID#: 19454294
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    2,456
    SQFT
    $489
    $/SQFT
    Neighborhood:
    C20 - Hollywood
    County:
    Los Angeles
    Area:
    C20 - Hollywood
    Property Description
    TWO UNITS WILL BE DELIVERED VACANT! GREAT FIXER UPPER! Great development & investment opportunity in a fast growing area of E. Hollywood! Located close to Los Angeles City College, Koreatown & Hollywood, this location is excellent for rental and has a lot of potential for growth! The subject property features well-maintained two duplexes sitting on a 7,311sf lot. Beautiful property with a manicured front lawn, great unit mix, and ample parking on site. Owner lives in one of the units and has taken great care of the property. This is perfect for owner-user who wants to occupy one of the units and generate great income on other units or a savvy developer who wants to develop multifamily units to capture maximum income.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Concrete Parking YN Yes

    Interior Features

    Cooling See Remarks Cooling YN Yes Laundry Features See Remarks

    Property Features

    Cap Rate 5.34 Gross Multiplier 12.50 Gross Operating Income 93704.00 Laundry YN Yes Net Operating Income 64076.00 Special Listing Conditions Standard Total Expenses 29628.00 Zoning Lard1.5

    Listing provided courtesy of Daniel Eim of Coldwell Banker Residential Br


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-18T00:36:20.21. 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 Allison James Estates and Homes. Licensed in the State of California, USA.
     
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