634 N Kingsley Drive, Los Angeles, CA 90004
-
Listed Price :
$3,395,000
-
Beds :
16
-
Baths :
16
-
Property Size :
11,564 sqft
-
Year Built :
1954
Property Description
Introducing the opportunity to purchase 634 North Kingsley Drive, a value-add and professionally managed 16- unit multifamily asset located in the heart of Mid-Wilshire. Built in 1954, the property consists of 16 one-bedroom/one-bathroom units that contain features such as laminate flooring, granite counters, window/wall-mounted HVAC and kitchen appliances. Current rents are approximately 42% under market with 1 vacant unit providing a new investor the opportunity to renovate units in order to maximize rental income. The property features parking for 13 vehicles and includes an on-site laundry facility. Units are individually metered for both gas and electric with water heaters in each unit. No soft story retrofit needed. The building boasts a "Walk Score" of 90 as it is located near many shops, restaurants and retail along both Melrose Ave and Beverly Blvd. The property is conveniently located and only a short drive away from neighborhoods such as Hollywood, Downtown, West Hollywood and Beverly Hills. It is also located close to the Metro B Line (Red) at Vermont/Beverly Station stop.
Interior Features
| Laundry Information |
| Location(s) |
Common Area |
| Bedroom Information |
| Bedrooms |
16 |
| Bathroom Information |
| Bathrooms |
16 |
| Interior Information |
| Features |
Ceiling Fan(s) |
Listing Information
| Address |
634 N Kingsley Drive |
| City |
Los Angeles |
| State |
CA |
| Zip |
90004 |
| County |
Los Angeles |
| Listing Agent |
Trevor Bergher DRE #02103899 |
| Courtesy Of |
Westside Estate Agency Inc. |
| List Price |
$3,395,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
11,564 |
| Lot Size |
12,774 |
| Year Built |
1954 |
Listing information courtesy of: Trevor Bergher, Westside Estate Agency Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 25th, 2024 at 4:20 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
