1214 North Kingsley Drive

Los Angeles, CA 90029

$3,500,000
Price
10
Beds
10
Baths
6,703 Sq. Ft.
$522 / Sq. Ft.
6,703
Sq. Ft.
$522
per Sq. Ft.

Description

Welcome to this remarkable 8-unit apartment building nestled in the heart of East Hollywood. Comprising six one-bedroom, one-bathroom units, and two two-bedroom, one-and-a-half bathroom units, this property offers a stable and attractive long-term investment opportunity. The building boasts a total of 6,703 rentable square feet, providing ample space for residents to call home. Each unit is equipped with individual gas and electricity meters, ensuring efficient utility management. Extensive renovations...Welcome to this remarkable 8-unit apartment building nestled in the heart of East Hollywood. Comprising six one-bedroom, one-bathroom units, and two two-bedroom, one-and-a-half bathroom units, this property offers a stable and attractive long-term investment opportunity. The building boasts a total of 6,703 rentable square feet, providing ample space for residents to call home. Each unit is equipped with individual gas and electricity meters, ensuring efficient utility management. Extensive renovations have been completed throughout all units, enhancing their appeal and desirability. Its central location in Little Armenia offers easy access to the Metro, LA City College, Griffith Park, Los Feliz, Silver Lake, Echo Park, and DTLA. Close to shopping, dining, and parks. Don't miss this exceptional opportunity to invest in a well-maintained multifamily building in a burgeoning neighborhood with a bright future.
  1. Listed by Haik Bokhchalian • DRE #01325511 • Brokerage DRE #01873088 • JohnHart Real Estate • 818-400-1868

Property Details for 1214 North Kingsley Drive

Parking Spaces Total
6
Private Pool
No
Total Units
8.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
6703
Assessor Parcel Number
5537-014-010
Property Attached YN
true

Location

Listing Courtesy of JohnHart Real Estate, Haik Bokhchalian, DRE #01325511
Add your commute
LISTING UPDATED: 02/05/2024 12:41 AM

Property Details for 1214 North Kingsley Drive

StatusActive
MLS #SR23167842
Days on Market233
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1957
CountyLos Angeles County

Location

Listing Courtesy of JohnHart Real Estate, Haik Bokhchalian, DRE #01325511
Add your commute

Building Information for 1214 North Kingsley Drive

Building/Complex1214 N Kingsley DrFloor-Stories2Residences-Pet Policy-Year Built1957Building Size-

Payment Calculator

$20,409 per month

30 year fixed, 7.25% Interest

Principal and Interest

$19,101

Property Taxes

$1,308

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1214 North Kingsley Drive

Income / Expense / Tax Details
Income Details
  • Gross Income: $142,000
  • Gross Scheduled Income: $170,000
  • Net Operating Income: $142,000
Expense Details
  • Operating Expense: $28,000
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
Tax / Assessment Info
  • Tax Tract Number: 0
  • Tax Census Tract: 1911.20
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 10
Community / Development
Community / Development
  • Community Features: Suburban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Outside
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 8
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,102
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,540
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,700
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,167
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,150
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,668
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,668
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 7
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,990
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 8
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1

Property History for 1214 North Kingsley Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1214 North Kingsley Drive

Taxable ValueLand$964,981Additions$241,244Total$1,206,225
Tax Record2023$15,693 ($1,308 / month)
Home Facts
Total Finished SqFt6,703 SqFtAbove Grade Finished SqFt6,703 SqFtLot Size7,893 SqFtStyleMulti-Family Res (5+ Units)Year Built1957ZoningLARD1.5CountyLOS ANGELESAPN5537-014-010

Schools near 1214 North Kingsley Drive

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Kingsley Elementary School
PublicK to 5

Joseph Le Conte Middle School
Public6 to 8

Helen Bernstein High School
Public9 to 12

STEM Academy at Bernstein High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1214 North Kingsley Drive is a multi-family home for sale in Los Angeles, CA 90029. This property was listed for sale on September 8, 2023 by JohnHart Real Estate, it's currently listed at $3,500,000. It has been on the market for a total of 233 days and was last sold on March 18, 2019. This listing's school district is Los Angeles Unified School District. Nearby schools include Kingsley Elementary School, Joseph Le Conte Middle School and Helen Bernstein High School. 1214 North Kingsley Drive is a 10-bed, 10-bath, 6,703 sqft multi-family home built in 1957.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of JohnHart Real Estate, Haik Bokhchalian, DRE #01325511

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.