1811 N Kingsley Drive, Los Angeles, CA 90027
Local realty services provided by:ERA Excel Realty
1811 N Kingsley Drive,Los Angeles, CA 90027
$1,695,000
- 8 Beds
- 8 Baths
- 5,532 sq. ft.
- Multi-family
- Active
Listed by:shaya lowenstein
Office:lyon stahl investment real estate, inc.
MLS#:25539067
Source:CRMLS
Price summary
- Price:$1,695,000
- Price per sq. ft.:$306.4
About this home
Incredible opportunity in a prime Los Feliz adjacent location. Large property of close to 12,000 SF of land, offers many opportunities. There are currently 8 units spread over 3 bungalow style structures with 8 on site parking spaces. With a current cap rate of 5.89% and approximately 42% upside in existing rents, offering a cap rate of 9.4% at market rents. The large lot has potential for up to 6 ADUs or more, which would raise the cap rate to above 10%! Tenants pay their own trash, keeping expenses low. The large lot, zoned LAR3 also offers potential for ground up development.
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Home facts
- Year built:1924
- Listing ID #:25539067
- Added:142 day(s) ago
- Updated:September 30, 2025 at 03:39 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:8
- Living area:5,532 sq. ft.
Structure and exterior
- Year built:1924
- Building area:5,532 sq. ft.
- Lot area:0.27 Acres
Finances and disclosures
- Price:$1,695,000
- Price per sq. ft.:$306.4
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