1167 N Kingsley Dr - Apartments FOR SALE


Los Angeles, CA 90029- Little Armenia
$1,485,000 USD
310-749-8140
1167 N Kingsley Dr, Los Angeles, CA for Sale
$1,485,000 USD
Apartments - FOR SALE
1/4
null | 5.51% Cap Rate

1167 N Kingsley Dr
Los Angeles, CA 90029
Little Armenia


HIGHLIGHTS

  • 6 units built in 1938
  • (3) 1+1, (2) 2+1, (1) 3+1
  • 25% Upside In Rents
  • Solid East Hollywood Location
  • Large Unit Floorplans

OVERVIEW

1167 N Kingsley Dr is a 6-unit apartment building located in the dynamic Little Armenia Neighborhood of East Hollywood. This is a charming property that has been extremely well maintained by the current ownership. The property features an attractive unit mix of three one bedroom, one-bathroom units, two two-bedroom, one-bathroom units and one three-bedroom, one-bathroom unit. Property features large spacious units averaging over 1,000 square feet and feature washer dryer hookups. With 25% upside, this is an enticing value-add project for a clever investor.

FOR SALE DETAILS

PRICE

$1,485,000 USD

PRICE/SF

$240 USD /SF

# OF UNITS

6

PRICE/UNIT

$247,500

CAP RATE

5.51%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1938

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,605 SF

ZONING

RD1.5, Los Angeles

APN/PARCEL ID

5537-010-004

ASK ABOUT THIS PROPERTY

Adam FeldmanMatthews Real Estate Investment ServicesMore Info
310-749-8140

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Adam FeldmanMatthews Real Estate Investment ServicesMore Info
310-749-8140

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.