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    4416 Kingswell Ave

    Los Angeles, CA 90027
    • $3,399,000
    • STATUS: Active
    • ON SITE: 31 days
    • ID#: 20-624706
    $3,399,000
    • 9
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,531
      SQFT
    • $750
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1942
    County:
    Area:

    School Ratings & Info

    Description

    Opportunity to purchase income property with uniquely strong profile of high rents (current mo. income is $18,300), low operating costs, all in a high demand neighborhood. Immediate access to Los Feliz Village; shopping, and eateries. In 2017 property finalized a complete, ground up, new construction overhaul. This includes every system and all aesthetic modern finishes. Lessees have convenience of modern appliances, convenient laundry closet upstairs, and bedroom/ bath elements in great condition. Each unit has their own outdoor privacy space. All garages are private, with direct entrance into home. Large unit in back has a generous 2 car garage, as well as expanded Master Suite, w/ hidden and private backyard patio area. Close to everything, and yet tucked quietly and neatly on residential street. Difficult to find a similar property generating equal revenue stream. Combining all needs on the income checklist of location, proof of strong rental stability and easy maintenance.

    Monthly Payment Calculator



    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-27T23:42:52.557. 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.lydiagable.com/homes/109448586
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    4416 Kingswell Ave Los Angeles, CA 90027

    • Price: $3,399,000
    • Status: Active
    • ID#: 20-624706
    9
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    4,531
    SQFT
    $750
    $/SQFT
    1942
    Built
    Neighborhood:
    Los Feliz
    County:
    Los Angeles
    Area:
    Los Feliz
    Property Description
    Opportunity to purchase income property with uniquely strong profile of high rents (current mo. income is $18,300), low operating costs, all in a high demand neighborhood. Immediate access to Los Feliz Village; shopping, and eateries. In 2017 property finalized a complete, ground up, new construction overhaul. This includes every system and all aesthetic modern finishes. Lessees have convenience of modern appliances, convenient laundry closet upstairs, and bedroom/ bath elements in great condition. Each unit has their own outdoor privacy space. All garages are private, with direct entrance into home. Large unit in back has a generous 2 car garage, as well as expanded Master Suite, w/ hidden and private backyard patio area. Close to everything, and yet tucked quietly and neatly on residential street. Difficult to find a similar property generating equal revenue stream. Combining all needs on the income checklist of location, proof of strong rental stability and easy maintenance.
    Exterior Features

    Cross Streets Hillhurst Ave Direction Faces West Entry Location Ground Level - No Steps Exterior Construction Stucco Levels Two Lot Description Back YardYardLot Shape-RectangularLot-Level/FlatStreet LightingWalk StreetAutomatic GateSingle LotLandscapedGuttersStorm DrainsFenced YardFront YardExterior Security Lights Lot Location Flats Lot Size Area 6756 Other Structures None Parking Garage Garage - 1 CarGarage Is AttachedCovered ParkingParking For GuestsDoor OpenerDriveway - PaversDriveway GateAttached Patio Features Porch - RearPatio OpenBalcony Paved YN Yes Pool Description None Pool YN No Roof Composition Spa None Spa YN No Sprinklers Sprinkler System Style Contemporary Tennis Court None Tennis YN No Total Parking 0 View Description OtherWalk Street View YN Yes Water Frontage None

    Interior Features

    Bathroom Features Low Flow Shower(S)Low Flow Toilet(S)Powder RoomRemodeledShower Over TubTileDouble Vanity(S)Shower And Tub Baths Total 9.00 Bedroom Features All Bedrooms UpMaster BedroomMaster SuiteWalkinclosetMaster Retreat Cooking Appliances Gas/Electric RangeOven-GasRangeRange Hood Cooling Central Den No Dining Room No Equipment DishwasherDryerWasherIce MakerGarbage DisposalFreezerRange/OvenRefrigeratorHood Fan Family Room No Fireplace Rooms None Flooring HardwoodTile Foundation Details Slab Heating Central Interior Features Open Floor PlanTurnkeyHigh Ceilings (9 Feet+)Recessed LightingTandem Kitchen Features Granite CountersIsland Laundry In ClosetIn UnitInsideOn Upper Level Laundry Equipment Own Rooms Living RoomBreakfast AreaPowderWalk-In ClosetPatio OpenDining Area Water Heater Features Gas Windows Double Pane WindowsCustom Window CoveringScreens

    Property Features

    Assessed Total Value 1061072 Gross Income 18300 Gross Operating Income 15000 Like Units1 1 Like Units2 2 Like Units3 3 Net Operating Income 204600.00 Number Of Buildings 3 Number Of Units 3 Owner Pays Water Property Condition Updated/Remodeled Rent Control YN Yes Sale Type Standard Security Features Automatic GateExterior Security Lights Sewer In Street Source Living Area Title Company Source Lot Size Area Assessor Tenant Pays Trash CollectionGas Total Annual Expense 15000 Type Of Units Detatched Water Meter On Property Water Heaters YN Yes Year Built Source Assessor Zoning Lar2

    Listing provided courtesy of Michelle St. Clair DRE#01449428 of Sotheby's International Realty.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-27T23:42:52.557. 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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    Lydia Gable Realty Group | Compass
    2945 Townsgate Road Suite 300
    Westlake Villiage CA, 91377