$1,450,000

1316 N Kingsley Drive, Los Angeles, CA

0.20

Acres

We are proud to present this charming 5 unit property. The property is comprised of 2 buildings and has a total of 7 bedrooms and 6 bathrooms. The original 1913 building has 2 units. The bottom unit has 2 beds and 2 baths as well as a living room, dining area, central heat and dishwasher hook up. The top unit has 2 beds, 1 bath, living room, family room, eat in kitchen, bonus room, a large cedar lined closet, storage room, and partial view of downtown Los Angeles. These 2 units are currently vacant and have wheelchair ramps and a stair lift for the upper unit. Both these units had a permitted expansion (with the exception of one bathroom) and an earthquake retrofit. Buyer to verify all records. The second building has three 1 bed, 1 bath units and was built with permits around the late 1980's. These 3 units are occupied with tenants. They have wall heaters and are up to code. There are 2 covered parking spaces and room for the rest of the units to have at least 1 parking space inside the gated property. There is an exterior laundry room attached to the original building that can be utilized to create more income. All units have separate meters. This is a perfect opportunity for an investor or owner occupied. The original 2 units can be reconfigured to be a large 2 story home as needed. Zoning is LARD1.5. This central location is 2 blocks from Sunset Blvd., very close to Los Angeles Children's Hospital, Kaiser, Mann's Chinese Theater, Hollywood Bowl and more! --

Facts & Features

MLS® # CV21105213
Price $1,450,000
Bathrooms 0.00
Acres 0.20
Year Built 1913
Type Residential Income
Status Active Under Contract

Community Information

Address 1316 N Kingsley Drive
Area C20 - Hollywood
City Los Angeles
County Los Angeles
State CA
Zip Code 90027

Amenities

Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Parking Spaces 5
Parking Assigned
Garages Assigned
Is Waterfront No
Has Pool No
Pool None

Interior

Interior Carpet, Tile, Vinyl, Wood
Heating See Remarks
Has Basement No
Fireplace Yes
Fireplaces None
# of Stories 2
Stories Two

Exterior

Lot Description 2-5 Units/Acre

Additional Information

Date Listed May 23rd, 2021
Days on Market 22
Zoning LARD1.5
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

AgentMadeli Nanda
OfficeCOLDWELL BANKER TOWN & COUNTRY

Listing Map

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