Price Reduction
Address
1315 N Kingsley Drive Los Angeles, CA
Price
$ 1,335,000
Property Attributes
  • MLS#21700298
  • TypeContingent
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaHollywood
  • Zip90027
  • Style
  • Price$ 1,335,000
  • Bedrooms3
  • Full Bathrooms6
  • Half Bathrooms0
  • Lot Size8,478 SqFt
Listing Provided Courtesy Of:
Max Berger with Compass.
Data Source:
CRMLS
Property Description

1315 N. Kingsley Drive, a 5-unit owner/use investment opportunity located just north of Fountain Avenue. Sitting on a 8,478 SF lot zoned LARD3, the property features (1) three-bedroom and two bath single-family residence and (4) studio units spread across two structures. Please note, the three-bedroom front house and (1) studio unit will be delivered VACANT upon COE. Property amenities include a large shared driveway, community yard and (2) one-car garages that have the opportunity to be converted to ADUs. 1315 N. Kingsley presents a value-add opportunity to investors, as current rents are approx. 20% below market value for nicely remodeled units in the area. With a location consistently under high-demand and significant upside in rents, 1315 N. Kingsley presents investors with the opportunity to purchase an asset with incredible promise in the ever-growing submarket of Hollywood.

Price History
3/3/2021 Listed $1,400,000
3/17/2021 3% - $1,360,000
4/21/2021 2% - $1,335,000

General Features

Appliances Refrigerator
Community Features Gated
Cooling Wall/Window Unit(s)
Flooring Carpet, Tile, Vinyl, Wood
Heating Wall Furnace
Listing Agent Max Berger - BRE#02054048
Listing Agent State License 02054048
MLS Area C20 - Hollywood
Parking Features Door-Single, Garage, Shared Driveway
Property Type Residential Income
Security Features Gated Community
Total Units 5
Zoning LAR3

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes

Exterior Features

Lot Size Acres 0.19
Lot Size Area 8478
Lot Size Source Other
Lot Size Square Feet 8478
Lot Size Units Square Feet
Number of Buildings 2

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90027

Price
AVG $1.68M
$1.34M
Visits
AVG 41
25
Year Built
AVG 1968
1955
Walkscore
AVG 74
90
Data Provided by Walkscore ® not using MLS data