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Los Angeles, CA 90029 1214 N Kingsley Drive

$3,500,000

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Presented By: Haik Bokhchalian with JohnHart Real Estate; 818-400-1868
  • MLS# SR23167842
  • 09/08/2023
  • Request Tour
  • Request Info
  • BedBeds • 10
  • BathFull/Half Baths • 8 / 2
  • FootageSQFT • 6,703

Home Details

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.
Presented By: Haik Bokhchalian with JohnHart Real Estate; 818-400-1868

Interior Features for 1214 N Kingsley Drive

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsItem2CommonWalls
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesOutside
Street SuffixDrive
Total Stories2

Other Rooms

Entry Level1

General for 1214 N Kingsley Drive

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesSuburban
CountyLos Angeles
Days on Market150
Directionsin between: Fountain Ave and Santa Monica Blvd
Electric Expense0.0
Entry Location1
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income142000.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashtoNewLoan, Conventional
Lot Size Square Feet7893.0
MLS AreaC20 - Hollywood
MobileHomeRemainsYNNo
Net Operating Income142000.0
New ConstructionNo
Operating Expense28000.0
Pool FeaturesNone
Private PoolNo
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubTypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameKingsley
Tax Lot10
Total Units8
Trash Expense0.0
View Y/NNo
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1957
Year Built SourceAssessor
ZoningLARD1.5

Exterior for 1214 N Kingsley Drive

Building Area Total6703.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem01UnitAcre
Lot Size Acres0.1812
Lot Size Area7893.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings1
Number of Separate Electric Meters9
Number of Separate Gas Meters9
Number of Separate Water Meters1
Open Parking Y/NNo
SpaNo
Total Parking6.0
Water SourcePublic

Additional Details

Price History

1527188455

First Team Client Services

Price $3,500,000
MLS#SR23167842
List Date 09/08/2023
Property Type Multi-Family
Phone 714.964.3311
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*According to the National Association of Realtors