1021 S Kingsley Drive

    Los Angeles (City), CA 90006
    • $1,370,000
    • STATUS: Closed
    • ON SITE: 60 days
    • ID#: 19532538
    Sold - 01/22/2020
    $1,370,000
    SOLD - 01/22/2020
    • 7
      BEDS
    • 0.14
      ACRES
    • 7
      BATHS
    • 0
      1/2 BATHS
    • 3,672
      SQFT
    • $373
      $/SQFT
    Neighborhood:
    Mid-Wilshire (C17)
    Type:
    Multi-Family
    Built:
    1958
    County:
    Los Angeles
    Area:
    Mid-Wilshire (C17)

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    Description

    The subject property is a six (6) unit apartment building located in Koreatown. The property is fully occupied and consists of five (5) 1 Bedroom/1 Bathroom units and one (1) 2 Bedroom/1 Bathroom unit. The building was built in 1958 and is 3,672 square feet and sits on a 5,900 square foot lot that is zoned R4. The property is adjacent to many new developments in Koreatown. There are six (6) parking spaces on-site, two of which are covered spaces. The property is master-metered for all utilities. It is located in an opportunity zone and has significant rental upside in a strong rental market.

    Sold by John Cleator BRE#01951437 of James Capital Advisors, Inc..

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    Based on information from CARETS as of 2020-01-25T13:45:07.897. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.lydiagable.com/homes/101251242

    1021 S Kingsley Drive Los Angeles (City), CA 90006

    • Price: $1,500,000
    • Status: Closed
    • Updated: 80 min ago
    • ID#: 19532538
    7
    Beds
    7
    Baths
    0
    ½ Baths
    0.14
    Acres
    3,672
    SQFT
    $373
    $/SQFT
    1958
    Built
    Neighborhood:
    Mid-Wilshire (C17)
    County:
    Los Angeles
    Area:
    Mid-Wilshire (C17)
    Property Description
    The subject property is a six (6) unit apartment building located in Koreatown. The property is fully occupied and consists of five (5) 1 Bedroom/1 Bathroom units and one (1) 2 Bedroom/1 Bathroom unit. The building was built in 1958 and is 3,672 square feet and sits on a 5,900 square foot lot that is zoned R4. The property is adjacent to many new developments in Koreatown. There are six (6) parking spaces on-site, two of which are covered spaces. The property is master-metered for all utilities. It is located in an opportunity zone and has significant rental upside in a strong rental market.
    Exterior Features

    Covered Spaces Total 2 Parking Features Covered Parking Parking Spaces Total 6

    Interior Features

    Cooling Type Other Heating Type Other Interior Features Other Total Floors 2 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Unfurnished Unit Furnished04 Unfurnished Unit Furnished05 Unfurnished Unit Furnished06 Unfurnished Unit Furnished07 Partially Unit Furnished08 Partially Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 1.0 Unit Number Of Bath02 1.0 Unit Number Of Bath03 1.0 Unit Number Of Bath04 1.0 Unit Number Of Bath05 1.0 Unit Number Of Bath06 1.0 Unit Number Of Bed01 1 Unit Number Of Bed02 1 Unit Number Of Bed03 2 Unit Number Of Bed04 2 Unit Number Of Bed05 1 Unit Number Of Bed06 1

    Property Features

    Adjusted Gross Income 61335.00 Country United States Of America Expense Total Annual 34026.00 Gross Operating Income 61335.00 Gross Rent Multiplier 24.45 Hoa YN N Legal Disclosures Take Property As IsRent Control Lot Size Source Vendor Enhanced Net Operating Income 25468.00 Number Of Buildings 1 Special Conditions Standard Sale Square Footage Source Vendor Enhanced Unit Monthly Rent01 704.00 Unit Monthly Rent02 715.00 Unit Monthly Rent03 1060.00 Unit Monthly Rent04 999.00 Unit Monthly Rent05 942.00 Unit Monthly Rent06 692.00 Unit Projected Total Monthly Rent01 21600.00 Unit Projected Total Monthly Rent02 21600.00 Unit Projected Total Monthly Rent03 21600.00 Unit Projected Total Monthly Rent04 25200.00 Unit Projected Total Monthly Rent05 21600.00 Unit Projected Total Monthly Rent06 21600.00 Unit Total Monthly Rent01 1800.00 Unit Total Monthly Rent02 1800.00 Unit Total Monthly Rent03 1800.00 Unit Total Monthly Rent04 2100.00 Unit Total Monthly Rent05 1800.00 Unit Total Monthly Rent06 1800.00 Unit Type01 1 Unit Type02 1 Unit Type03 1 Unit Type04 1 Unit Type05 1 Units Total In Complex 6 Zoning Lar4

    Listing provided courtesy of John Cleator DRE#01951437 of James Capital Advisors, Inc. and William James CA DRE# 01734419 of James Capital Advisors, Inc..


    Based on information from CARETS as of 2020-01-25T13:45:07.897. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
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