803 N Kingsley Drive

    Los Angeles (City), CA 90029
    • $2,499,000
    • STATUS: Active
    • ON SITE: 17 days
    • ID#: BB19228957
    UPDATED: 51 min ago
    $2,499,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,280
      SQFT
    • $473
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2019
    County:

    School Ratings & Info

    Description

    803 N Kingsley is a beautifully designed 2019 fourplex located in the Hollywood Studio District moments from Paramount, Netflix, Sunset Gower Studios and much more! 803 N Kingsley+GGs floorplans are intelligently crafted to include a bathroom inside each and every bedroom, plus a powder room for common area usage. This design choice will be invaluable to renters, who appreciate having their own separate living quarters. With an estimated completion timeline of November 2019, now is the time to lock up this deal at an amazing price of $2,499,000 and cap rate of 5.55%!803 N Kingsley is made up of two modern 2-story side-by-side townhome style duplexes. Both duplexes consist of one 4 bed/4.5 bath unit and one 3 bed/3.5 bath unit. The units feature enormous windows on just about every wall, stainless steel appliances, high quality finishes, spacious floor plans and washer/dryer hookups in each unit. These units are extraordinarily light, bright, and airy!This fourplex is located between Melrose and Santa Monica Blvd, minutes from trendy Larchmont Village, action packed Sunset and Vine, and an unlimited supply of nearby studios, entertainment jobs, bars, restaurants, and neighborhood conveniences!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-14T09:35:31.953. 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/99365129

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

    • Price: $2,499,000
    • Status: Active
    • Updated: 51 min ago
    • ID#: BB19228957
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    5,280
    SQFT
    $473
    $/SQFT
    2019
    Built
    Neighborhood:
    C20 - Hollywood
    County:
    Los Angeles
    Area:
    C20 - Hollywood
    Property Description
    803 N Kingsley is a beautifully designed 2019 fourplex located in the Hollywood Studio District moments from Paramount, Netflix, Sunset Gower Studios and much more! 803 N Kingsley+GGs floorplans are intelligently crafted to include a bathroom inside each and every bedroom, plus a powder room for common area usage. This design choice will be invaluable to renters, who appreciate having their own separate living quarters. With an estimated completion timeline of November 2019, now is the time to lock up this deal at an amazing price of $2,499,000 and cap rate of 5.55%!803 N Kingsley is made up of two modern 2-story side-by-side townhome style duplexes. Both duplexes consist of one 4 bed/4.5 bath unit and one 3 bed/3.5 bath unit. The units feature enormous windows on just about every wall, stainless steel appliances, high quality finishes, spacious floor plans and washer/dryer hookups in each unit. These units are extraordinarily light, bright, and airy!This fourplex is located between Melrose and Santa Monica Blvd, minutes from trendy Larchmont Village, action packed Sunset and Vine, and an unlimited supply of nearby studios, entertainment jobs, bars, restaurants, and neighborhood conveniences!
    Exterior Features

    Architectural Style Modern Entry Level 1 Fence YN Yes Fencing Excellent Condition Garage Spaces 2.00 Lot Features LandscapedLevelSprinklers Drip SystemYard Lot Size Source Assessor Lot Size Units Square Feet Parking Total 8.00 Pool Features None Pool Private YN No Property Attached YN Yes Roof Flat Spa Features None Spa YN No

    Interior Features

    Appliances DishwasherElectric OvenFreezerMicrowaveRefrigerator Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area 1320 Average3 Bed Area Units Square Feet Common Walls 1 Common WallNo One AboveNo One Below Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Laminate Heating Central Heating YN Yes Laundry Features Gas Dryer HookupInsideWasher Hookup Levels Two Room Type KitchenLiving Room

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 5.55 Community Features CurbsSidewalksStreet Lights Country Us Electric Expense 300.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 600.00 Gross Income 179976.00 Gross Multiplier 13.89 Gross Operating Income 172777.00 Gross Scheduled Income 179976.00 Insurance Expense 1848.00 Land Lease YN No Laundry YN Yes Maintenance Expense 1600.00 Net Operating Income 138791.00 New Construction YN Yes New Taxes Expense 29338.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Number Of Units Leased 0 Number With Dishwasher 4 Number With Disposal 4 Number With Range 4 Number With Refrigerator 4 Operating Expense 33986.00 Property Condition Turnkey Property Sub Type Quadruplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tax Annual Amount 29338.00 Taxes Percent 1.17 Tenant Pays All Utilities Total Actual Rent 0.00 Total Expenses 33986.00 Trash Expense 0.00 Vacancy Allowance 7199 Vacancy Allowance Rate 4.00 Water Sewer Expense 300.00 Water Source Public Year Built Source Builder Zoning Lard1.5

    Listing provided courtesy of Elizabeth Maddox of The 2-4 Unit Specialists


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-14T09:35:31.953. 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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