1757 N Kingsley Drive

    Los Angeles (City), CA 90027
    • $8,700,000
    • STATUS: Active
    • ON SITE: 143 days
    • ID#: 19527438
    UPDATED: 7 min ago
    $8,700,000
    • 21
      BEDS
    • 0.42
      ACRES
    • 27
      BATHS
    • 0
      1/2 BATHS
    • 12,959
      SQFT
    • $671
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1968
    County:

    School Ratings & Info

    Description

    1757 N Kingsley Drive is a meticulously renovated, mid-century-style, 26-unit turn-key apartment community desirably located in Los Feliz, at the base of Griffith Park, south of Franklin Avenue and north of Hollywood Blvd. The property consists of one (2 bed + 1 bath) unit, 19 (1 bed + 1 bath) units, and six studio units. 21/26 units have been completely remodeled to condo quality, offering residents luxury modern finishes such as recessed lighting, customized closets, hardwood and laminate floors, stainless steel appliances, quartz countertops, and custom designer tile accents. Additional renovations to the property include a charming courtyard + swimming pool with fresh mid-century mural artwork, wood panel accents, a re-landscaped front yard w/ drought tolerant plants, improved walkways, common area lighting, 26 secured/gated parking spaces as well as remodeled on-site laundry rooms + workout room/pool room. The property is master metered for gas and separately metered for electric.

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    Based on information from CRISNet MLS as of 2020-03-28T06:45:42.89. 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.

    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-03-28T06:45:42.89. 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.

    Based on information from the Conejo Simi Moorpark Association of Realtors as of 2020-03-28T06:45:42.89. 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.

    Based on information from the i-Tech MLS as of 2020-03-28T06:45:42.89. 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.

    Licensed in the State of California, USA.
    www.lydiagable.com/homes/100582835

    1757 N Kingsley Drive Los Angeles (City), CA 90027

    • Price: $8,700,000
    • Status: Active
    • Updated: 7 min ago
    • ID#: 19527438
    21
    Beds
    27
    Baths
    0
    ½ Baths
    0.42
    Acres
    12,959
    SQFT
    $671
    $/SQFT
    1968
    Built
    Neighborhood:
    Hollywood (C20)
    County:
    Los Angeles
    Area:
    Hollywood (C20)
    Property Description
    1757 N Kingsley Drive is a meticulously renovated, mid-century-style, 26-unit turn-key apartment community desirably located in Los Feliz, at the base of Griffith Park, south of Franklin Avenue and north of Hollywood Blvd. The property consists of one (2 bed + 1 bath) unit, 19 (1 bed + 1 bath) units, and six studio units. 21/26 units have been completely remodeled to condo quality, offering residents luxury modern finishes such as recessed lighting, customized closets, hardwood and laminate floors, stainless steel appliances, quartz countertops, and custom designer tile accents. Additional renovations to the property include a charming courtyard + swimming pool with fresh mid-century mural artwork, wood panel accents, a re-landscaped front yard w/ drought tolerant plants, improved walkways, common area lighting, 26 secured/gated parking spaces as well as remodeled on-site laundry rooms + workout room/pool room. The property is master metered for gas and separately metered for electric.
    Exterior Features

    Parking Features Covered ParkingUncovered Parking Spaces Total 26 Pool Construction In Ground

    Interior Features

    Cooling Type Wall Unit(S)Ceiling Fan(S) Heating Type Wall Heater Total Floors 2 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Unfurnished Unit Furnished04 Partially Unit Furnished05 Partially Unit Furnished06 Partially 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 Bed01 0 Unit Number Of Bed02 1 Unit Number Of Bed03 2

    Property Features

    Adjusted Gross Income 605000.00 Assessed Improvement Value 2142000.00 Assessed Land Value 2958000.00 Cap Rate 4.57 Country United States Of America Expense Total Annual 189347.00 Gross Operating Income 586950.00 Gross Rent Multiplier 14.38 Hoa YN N Legal Disclosures Take Property As Is Lot Size Source Vendor Enhanced Net Operating Income 397603.00 Number Of Buildings 1 Special Conditions Standard Sale Square Footage Source Vendor Enhanced Television Services Cable Tv Unit Monthly Rent01 1561.00 Unit Monthly Rent02 1978.00 Unit Monthly Rent03 2695.00 Unit Projected Total Monthly Rent01 11370.00 Unit Projected Total Monthly Rent02 45600.00 Unit Projected Total Monthly Rent03 2695.00 Unit Total Monthly Rent01 9363.00 Unit Total Monthly Rent02 37579.00 Unit Total Monthly Rent03 2695.00 Unit Type01 6 Unit Type02 19 Unit Type03 1 Units Total In Complex 26 Zoning Lar3

    Listing provided courtesy of Matthew R. Kanner DRE#01349203 of Keller Williams Rlty Los Feliz.


    Based on information from CRISNet MLS as of 2020-03-28T06:45:42.89. 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.

    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-03-28T06:45:42.89. 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.

    Based on information from the Conejo Simi Moorpark Association of Realtors as of 2020-03-28T06:45:42.89. 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.

    Based on information from the i-Tech MLS as of 2020-03-28T06:45:42.89. 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.

    Licensed in the State of California, USA.
     
    Lydia Gable Realty Group | Compass
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    Westlake CA, 91361