735 N Kingsley Drive

    Los Angeles (City), CA 90029
    • $1,300,000
    • STATUS: Active
    • ON SITE: 152 days
    • ID#: 18356916
    UPDATED: 77 min ago
    $1,300,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,456
      SQFT
    • $529
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Great development & investment opportunity in a fast growing area of E. Hollywood! Located close to Los Angeles City College, Koreatown & Hollywood, this location is excellent for rental and has a lot of potential for growth! The subject property features well-maintained two duplexes sitting on a 7,311sf lot zoned LARD1.5. Beautiful property with a manicured front lawn, great unit mix, and ample parking on site. Owner lives in one of the units and has taken great care of the property (owner's unit may be delivered vacant). This is perfect for owner-user who wants to occupy one of the units and generate great income on other units or a savvy developer who wants to develop multifamily units to capture maximum income.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-21T14:32:15.86. 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. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/84906682

    735 N Kingsley Drive Los Angeles (City), CA 90029

    • Price: $1,300,000
    • Status: Active
    • Updated: 77 min ago
    • ID#: 18356916
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    2,456
    SQFT
    $529
    $/SQFT
    Neighborhood:
    C20 - Hollywood
    County:
    Los Angeles
    Area:
    C20 - Hollywood
    Property Description
    Great development & investment opportunity in a fast growing area of E. Hollywood! Located close to Los Angeles City College, Koreatown & Hollywood, this location is excellent for rental and has a lot of potential for growth! The subject property features well-maintained two duplexes sitting on a 7,311sf lot zoned LARD1.5. Beautiful property with a manicured front lawn, great unit mix, and ample parking on site. Owner lives in one of the units and has taken great care of the property (owner's unit may be delivered vacant). This is perfect for owner-user who wants to occupy one of the units and generate great income on other units or a savvy developer who wants to develop multifamily units to capture maximum income.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Driveway - Concrete Parking YN Yes

    Interior Features

    Cooling See Remarks Cooling YN Yes Laundry Features See Remarks

    Property Features

    Gross Multiplier 13.54 Gross Operating Income 93120.00 Laundry YN Yes Net Operating Income 62994.00 Special Listing Conditions Standard Total Expenses 30012.00 Zoning Lard1.5

    Listing provided courtesy of Daniel Eim of Coldwell Banker Residential Br and Susan Lau of .


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-21T14:32:15.86. 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. Licensed in the State of California, USA.
     
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    Irvine CA, 92604