1214 N Kingsley Drive Los Angeles, CA ^$ 3,500,000

1214 N Kingsley Drive

^$ 3,500,000

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1214 N Kingsley Drive

Los Angeles, CA, 90029

^$ 3,500,000

Bedrooms10 Baths8.2 Sq 6,703

Monthly Estimate*

^$ 24,449

Listed by JohnHart Real Estate

1214 N Kingsley Drive, Los Angeles, CA 90029 - Image 1

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1214 N Kingsley Drive, Los Angeles, CA 90029 - Image 5

1214 N Kingsley Drive, Los Angeles, CA 90029 - Image 6

1214 N Kingsley Drive, Los Angeles, CA 90029 - Image 7

1214 N Kingsley Drive, Los Angeles, CA 90029 - Image 8

1214 N Kingsley Drive, Los Angeles, CA 90029 - Image 9

1214 N Kingsley Drive, Los Angeles, CA 90029 - Image 10

1214 N Kingsley Drive, Los Angeles, CA 90029 - Image 11

1214 N Kingsley Drive, Los Angeles, CA 90029 - Image 12

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1214 N Kingsley Drive, Los Angeles, CA 90029 - Image 16

Multi-Family Home for sale in Los Angeles, CA

for $3,500,000 with 10 bedrooms and 8 full baths, 2 half baths. This 6,703 square foot home was built in 1957 on a lot size of 0.1812.

Welcome to this remarkable 8-unit apartment building nestled in the heart of East Hollywood. Comprising six one-bedroom, one-bathroom units, and two two-bedroom, one-and-a-half bathroom units, this property offers a stable and attractive long-term investment opportunity. The building boasts a total of 6,703 rentable square feet, providing ample space for residents to call home. Each unit is equipped with individual gas and electricity meters, ensuring efficient utility management. Extensive renovations have been completed throughout all units, enhancing their appeal and desirability. Its central location in Little Armenia offers easy access to the Metro, LA City College, Griffith Park, Los Feliz, Silver Lake, Echo Park, and DTLA. Close to shopping, dining, and parks. Don't miss this exceptional opportunity to invest in a well-maintained multifamily building in a burgeoning neighborhood with a bright future.

Multi-Family Active

Price

^$ 3,500,000

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Apartment

Lot Size

0.1812

Year Built

1957

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SR23167842

Days on Market

242

Features

General

Sewer PublicSewer

Zoning LARD1.5

Garage Spaces 0.0

Pool Features None

Year Built 1957

Stories 2

Levels Two

Property SubType Apartment

Gross Income 142000.0

Community Features Suburban

County Los Angeles

Net Operating Income 142000.0

Operating Expense 28000.0

Insurance Expense 0.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions in between: Fountain Ave and Santa Monica Blvd

City Los Angeles

Entry Location 1

View Y/N N

Senior Community Y/N N

Total Units 8

MLS Area C20 - Hollywood

Lot Size Square Feet 7893.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Kingsley

Listing Terms Cash CashtoNewLoan Conventional

Property Attached Y/N Y

Land Lease Y/N N

Electric Expense 0.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 0.0

Water Sewer Expense 0.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 150

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 10

Property Sub Type Additional Apartment

Exterior

Lot Features Item01UnitAcre

Water Source Public

Total Parking 6.0

Lot Size Area 7893.0

Number of Buildings 1

Spa N

Building Area Total 6703.0

Lot Size Acres 0.1812

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 9

Number of Separate Electric Meters 9

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls Item2CommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Drive

Laundry Features Outside

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 1214

* Excluded Features

List By

Johnhart Real Estate

Broker

(818) 246-1099

Phone

Affordability Calculator

$24,449

Per Month

Monthly Principal & Interest: $24,449
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,989,624

Percent of Sale Price 43%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/9/2023	$3,500,000		Listed Price

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1214 N Kingsley Drive, Los Angeles, CA, 90029 is a Multi-Family Home for sale at $3,500,000 with 6,703 sqft and a lot size of 0.1812. 1214 N Kingsley Drive has 10 bedrooms, 8.2 baths, and was built in 1957. The property's zip code is 90029 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/7/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1214 N Kingsley Drive

Multi-Family Home for sale in Los Angeles, CA

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