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    817 N Kingsley Dr

    Los Angeles, CA 90029
    • $1,295,000
    • STATUS: Active
    • ON SITE: 89 days
    • ID#: 20-663306
    UPDATED: 23 min ago
    $1,295,000
    • 7
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,790
      SQFT
    • $464
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1974
    County:
    Area:

    School Ratings & Info

    Description

    Reduced by $200k - Possible to have all units vacant upon closing. SMALL LOT SUBDIVISION POTENTIAL - RD1.5 ZONING TIER 1 with 35% bonus - Triplex with multiple options. Buy with existing tenants and enjoy the cash flow and wait until small subdivision approved. Or keep the business or keep the business model presently in place and add 5 bedroom unit in the back and increase the cash flow. Seller has plans for a detached 5 bedroom back house in process with the Los Angeles Department Building and Safety.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-02-26T21:42:40.793. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.brandiprattrealestate.com/homes/112258036
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    817 N Kingsley Dr Los Angeles, CA 90029

    • Price: $1,295,000
    • Status: Active
    • Updated: 23 min ago
    • ID#: 20-663306
    7
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    2,790
    SQFT
    $464
    $/SQFT
    1974
    Built
    Neighborhood:
    Hollywood
    County:
    Los Angeles
    Area:
    Hollywood
    Property Description
    Reduced by $200k - Possible to have all units vacant upon closing. SMALL LOT SUBDIVISION POTENTIAL - RD1.5 ZONING TIER 1 with 35% bonus - Triplex with multiple options. Buy with existing tenants and enjoy the cash flow and wait until small subdivision approved. Or keep the business or keep the business model presently in place and add 5 bedroom unit in the back and increase the cash flow. Seller has plans for a detached 5 bedroom back house in process with the Los Angeles Department Building and Safety.
    Exterior Features

    Cross Streets Marathon Lot Size Area 7298 Other Structures None Parking Garage Side By Side Total Parking 0 View Description None View YN No

    Interior Features

    Baths Total 4.00 Cooling Wall Unit(S)Wall/WindowWindow Unit(S) Equipment Range/OvenRefrigerator Heating WallWall Gas

    Property Features

    Assessed Total Value 910000 Gross Income 171000 Gross Operating Income 161000 Like Units1 1 Like Units2 1 Like Units3 1 Net Operating Income 125000.00 Number Of Buildings 1 Number Of Units 3 Owner Pays ElectricityGardenerGasWater Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 36000 Type Of Units Triplex Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of Vladimir Rozumny DRE#01469703 of Vladimir Rozumny.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-02-26T21:42:40.793. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    eXp Realty of California, Inc.
    2603 Camino Ramon, Suite 200
    San Ramon CA, 94583