1621 N Kingsley Dr - Apartments FOR SALE


Los Angeles, CA 90027- Thai Town
$998,000 USD
626-331-1234
1621 N Kingsley Dr, Los Angeles, CA for Sale
$998,000 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

1621 N Kingsley Dr
Los Angeles, CA 90027
Thai Town


OVERVIEW

Located in the vibrant Thai Town neighborhood of East Hollywood, 1621 N Kingsley Dr offers a rare opportunity to acquire a charming bungalow-style multifamily property within the broader Hollywood / Los Feliz rental market area. This five-unit property features a unit mix of all one-bedroom, one-bathroom units, consisting of three freestanding bungalow-style units and a duplex with two units. Each unit is separately metered for gas and electric, and each unit has its own individual water heater. Recent improvements include new electrical panels, helping reduce future capital expenditure needs while providing an important infrastructure upgrade. With its desirable unit mix, character-rich bungalow layout, and location in a high-demand rental corridor near Hollywood and Los Feliz, the property presents an attractive investment opportunity for buyers seeking long-term growth and strong tenant demand in one of Los Angeles’ most dynamic neighborhoods.

FOR SALE DETAILS

PRICE

$998,000 USD

PRICE/SF

$324 USD /SF

# OF UNITS

5

PRICE/UNIT

$199,600

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1917

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

RD1.5-1XL

APN/PARCEL ID

5544-016-006

ASK ABOUT THIS PROPERTY

Jag SinghKW COMMERCIALMore Info
626-331-1234

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Jag SinghKW COMMERCIALMore Info
626-331-1234

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.