• Asking Price $3,395,000
  • Estimated Value: $2,584,583

  • 634 N KINGSLEY DR LOS ANGELES, CA 90004

  • 16 Beds 8 Baths 11,564 SqFt
  • Townhouse or Condo / Resale (MLS)
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Property Details for 634 N KINGSLEY DR, LOS ANGELES, CA 90004

Features

  • Price/sqft: $293
  • Lot Size: 12770 sq. ft.
  • Total Units: 16
  • Total Rooms: 5
  • Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • Construction Type: Wood

Facts

  • Year Built: 01/01/1954
  • Property ID: 892076714
  • MLS Number: 24-401255
  • Parcel Number: 5521-007-022
  • Property Type: Townhouse or Condo
  • County: LOS ANGELES
  • Legal Description: UNEEDA PLACE LOT 1 AND N 3 FT OF LOT/SEC 2
  • Zoning: LAR3
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Introducing the opportunity to purchase 634 North Kingsley Drive, a value-add and professionally managed 16- unit multifamily asset located in the heart of Mid-Wilshire. Built in 1954, the property consists of 16 one-bedroom/one-bathroom units that contain features such as laminate flooring, granite counters, window/wall-mounted HVAC and kitchen appliances. Current rents are approximately 42% under market with 1 vacant unit providing a new investor the opportunity to renovate units in order to maximize rental income. The property features parking for 13 vehicles and includes an on-site laundry facility. Units are individually metered for both gas and electric with water heaters in each unit. No soft story retrofit needed. The building boasts a "Walk Score" of 90 as it is located near many shops, restaurants and retail along both Melrose Ave and Beverly Blvd. The property is conveniently located and only a short drive away from neighborhoods such as Hollywood, Downtown, West Hollywood and Beverly Hills. It is also located close to the Metro B Line (Red) at Vermont/Beverly Station stop.

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Property Brokerage: Westside Estate Agency 460 N. Canon Drive Beverly Hills CA 90210
Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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