1758 North Kingsley Dr || $4,000,000 || Sold

$4,000,000
Sold

1758 N. Kingsley, a significant value-add opportunity featuring a front duplex and a back structure comprised of 6 UNITS SUBJECT ONLY TO AB1482 (built-in 1987). Located 1/2 block South of Franklin Ave, the property is minutes from several neighborhood hubs (Vermont Ave, Hillhurst Ave and Thai Town) that offer an array of fast-casual eateries, shopping centers, grocery stores, restaurants and nightlife. 1758 N. Kingsley features (8) 2-Bdrm. and 2-Bath units (approx. 1,000 SF each) spread across a front duplex and back three-story structure. The back structure, featuring 6 units, was built in 1987 and are SUBJECT ONLY TO AB1482. The units present a significant value-add opportunity, as current rents are approx. 52% below market rates compared to renovated units in the area. Please note, there is 1 VACANT unit that has been upgraded with fresh paint, wood flooring, custom cabinets and quartz countertops. Property amenities include secured and gated entry, covered parking and a community laundry room.

16
beds

16
baths

8,466 Sq.Ft. LIVING AREA

10,841 Sq.Ft. lot

Features & Amenities

Interior

  • total bedrooms16
  • Total bathrooms16
  • full bathrooms16

Area & Lot

  • Status Sold
  • Living Area8,466 Sq.Ft.
  • Lot Area10,841 Sq.Ft.
  • TypeRESIDENTIAL
  • YEAR BUILT1987

Exterior

  • Garage Space16

Financial

  • Sales Price$4,000,000

Work With Us

With Brock's 20+ years of buying, selling and owning LA real estate, and Lori's legal background and negotiation skills, you are in good hands.

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