924 N Kingsley Dr - Apartments FOR SALE


Los Angeles, CA 90029- East Hollywood
$2,600,000 USD
661-904-1725
924 N Kingsley Dr, Los Angeles, CA for Sale
$2,600,000 USD
Apartments - FOR SALE
1/4
null | 5.88% Cap Rate

924 N Kingsley Dr
Los Angeles, CA 90029
East Hollywood


HIGHLIGHTS

  • Location
  • 5 updated units
  • space to add laundry income, ADU, and three remaining units to turn over

OVERVIEW

3.75% Assumable mortgage! This 8-unit stabilized property offers a prime opportunity to invest in a rapidly growing neighborhood. With 5 recently renovated units, an assumable loan, and potential for further expansion—including ADU (Accessory Dwelling Unit) development—this multifamily asset is a strong addition to any real estate portfolio.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$389 USD /SF

# OF UNITS

8

PRICE/UNIT

$325,000

CAP RATE

5.88%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1956

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

R3, Los Angeles

APN/PARCEL ID

5537-024-020

ASK ABOUT THIS PROPERTY

Nabil SuleimanAtlas Elm RealtyMore Info
661-904-1725

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Nabil SuleimanAtlas Elm RealtyMore Info
661-904-1725

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