1 of 13
Εργαλεία
Size
16
Υπνοδωμάτια
11,564 Τετρ. πόδια
interior
0.29 Έκταση
Exterior
Financial
$3,395,000
Change Currency
$294
Price Per Sqft
Listing Details
Multi Family
Τύπος ακινήτου
1954
Έτος κατασκευής
11981784
Web Id
24-434731
Κωδικός MLS
14
Days Posted
Περιγραφή
634 N Kingsley Dr,
Λος Άντζελες,
CA
90004
Λος Άντζελες, CA 90004
Presenting an exceptional investment opportunity at 634 North Kingsley Drive, a well-managed 16-unit multifamily property located in the heart of Mid-Wilshire. Built in 1954, this asset comprises 16 one-bedroom/one-bathroom units, with upgraded units featuring laminate flooring, granite countertops, wall-mounted HVAC systems, and modern kitchen appliances. The property offers significant value-add potential, with current rents approximately 35% below market rates. A vacant unit provides an immediate opportunity for renovation and income maximization. Recent lease agreements for units 3 and 15, at $1,995 per month, affirm the market rent for the area. With the last 4% rental increase implemented in February 2024, a new investor will have the opportunity to further increase rents in February 2025. Key property features include parking for 13 vehicles, an on-site laundry facility, and individually metered gas and electric utilities for each unit. Notably, the property requires no soft story retrofit, minimizing potential capital expenditures. The property boasts a "Walk Score" of 90, with close proximity to shops, restaurants, and retail along Melrose Avenue and Beverly Boulevard. It is also conveniently situated within a short drive of Hollywood, Downtown Los Angeles, West Hollywood, and Beverly Hills, and is within walking distance of the Metro B Line (Red) at Vermont/Beverly Station.
This is an Active listing.
Broker Office Phone Number: 310-247-7770
Copyright © 2024TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
This is an Active listing.
Broker Office Phone Number: 310-247-7770
Copyright © 2024TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
ΑΝΕΣΕΙΣ ΑΚΙΝΗΤΟΥ
- Wall or Window Air Conditioner(s)
- Assigned Parking
Ιστορικό τιμών
date | price | variance | type |
---|---|---|---|
9/3/2024 | $3,395,000 | - | Καταχωρισμένο |
Listing By: Westside Estate Agency Inc. via Data Source: TheMLSCLAW
πράκτορας λίστας: Trevor Bergher