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    1757 N Kingsley Drive

    Los Angeles (City), CA 90027
    • $8,395,000
    • STATUS: Active
    • ON SITE: 72 days
    • ID#: SB21144543
    UPDATED: 74 min ago
    $8,395,000
    • 0
      BEDS
    • 0.42
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1968
    County:

    School Ratings & Info

    Description

    1757 N. Kingsley is a beautifully remodeled 26 unit apartment community located in the desirable Los Feliz/East Hollywood neighborhood. 21 of 26 units have been renovated to condo quality, offering designer finishes, customized kitchen cabinets and closets, stainless steel appliances, designer tile bathrooms and backsplashes, and recessed lighting. The building is walking distance to Griffith Park, the Metroline and the trendy restaurants and retail that make up the Los Feliz neighborhood. The building has a renovated pool room that can be converted into a legal ADU unit. The seller has started the application process and they have hired a 3rd party firm to handle the conversion with LADBS. Buyer can confirm the process with the 3rd party firm.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-19T12:27:52.31. 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 The Kohler Group | Zutila. Licensed in the State of California, USA.
    www.buysocal.homes/homes/119133507
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    1757 N Kingsley Drive Los Angeles (City), CA 90027

    • Price: $8,395,000
    • Status: Active
    • Updated: 74 min ago
    • ID#: SB21144543
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.42
    Acres
    1968
    Built
    Neighborhood:
    637 - Los Feliz
    County:
    Los Angeles
    Area:
    637 - Los Feliz
    Property Description
    1757 N. Kingsley is a beautifully remodeled 26 unit apartment community located in the desirable Los Feliz/East Hollywood neighborhood. 21 of 26 units have been renovated to condo quality, offering designer finishes, customized kitchen cabinets and closets, stainless steel appliances, designer tile bathrooms and backsplashes, and recessed lighting. The building is walking distance to Griffith Park, the Metroline and the trendy restaurants and retail that make up the Los Feliz neighborhood. The building has a renovated pool room that can be converted into a legal ADU unit. The seller has started the application process and they have hired a 3rd party firm to handle the conversion with LADBS. Buyer can confirm the process with the 3rd party firm.
    Exterior Features

    Architectural Style Mid-Century Modern Lot Features GardenRectangular Lot Number Of Separate Electric Meters 26 Parking Total 0 Pool Features CommunityFencedIn Ground Pool Private YN No Property Attached YN Yes Roof Composition View Hills View YN Yes

    Interior Features

    Common Walls 2+ Common Walls

    Property Features

    Additional Parcels YN No Common Interest None Community Features Gutter(S)UrbanGatedPool Fuel Expense 3678 Garage YN No Gross Income 549168 Gross Scheduled Income 549168 Insurance Expense 4810 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Net Operating Income 354112 New Construction YN No Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Operating Expense 178581 Rent Control YN Yes Security Features Gated CommunitySmoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Electricity Trash Expense 9128 Water Sewer Expense 9758 Water Source Public Zoning Lar3

    Listing provided courtesy of Albert Bernal of Skye Urban Home


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-19T12:27:52.31. 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 The Kohler Group | Zutila. Licensed in the State of California, USA.
     
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    The Kohler Group | Zutila
    4000 Barranca Parkway #105
    Irvine CA, 92604