1315 North Kingsley Drive
1315 North Kingsley Drive
$1,310,000
3
6
3,230
3,230
$406
Sold 8/9/21
Description
1315 N. Kingsley Drive, a 5-unit owner/use investment opportunity located just north of Fountain Avenue. Sitting on a 8,478 SF lot zoned LARD3, the property features (1) three-bedroom and two bath single-family residence and (4) studio units spread across two structures. Please note, the three-bedroom front house and (1) studio unit will be delivered VACANT upon COE. Property amenities include a large shared driveway, community yard and (2) one-car garages that have the opportunity to be converted...1315 N. Kingsley Drive, a 5-unit owner/use investment opportunity located just north of Fountain Avenue. Sitting on a 8,478 SF lot zoned LARD3, the property features (1) three-bedroom and two bath single-family residence and (4) studio units spread across two structures. Please note, the three-bedroom front house and (1) studio unit will be delivered VACANT upon COE. Property amenities include a large shared driveway, community yard and (2) one-car garages that have the opportunity to be converted to ADUs. 1315 N. Kingsley presents a value-add opportunity to investors, as current rents are approx. 20% below market value for nicely remodeled units in the area. With a location consistently under high-demand and significant upside in rents, 1315 N. Kingsley presents investors with the opportunity to purchase an asset with incredible promise in the ever-growing submarket of Hollywood.
Listing Agent
Property Details for 1315 North Kingsley Drive
Zoning
LAR3
Cross StreetsN. Kingsley Drive and Fountain Avenue
Parcel Number5544036014
Total Units5.0
Living Area3230
Source Living AreaOther
AreaHollywood (C20)
Vacancy Rate2 Units
Location
LISTING UPDATED: 08/09/2021 12:57 PM
Property Details for 1315 North Kingsley Drive
Status | Sold |
---|---|
MLS # | 21-700298 |
Days on Market | 58 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1955 |
Lot Size | 0.19 AC / 8,478 SF |
County | Los Angeles County |
Location
Building Information for 1315 North Kingsley Drive
Stories2Residences-Year Built1955Building Size-Lot Size0.19 AC / 8,478 SF
Payment Calculator
$8,571 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1315 North Kingsley Drive
Property History for 1315 North Kingsley Drive
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1315 North Kingsley Drive
Taxable ValueLand$928,200Additions$408,260Total$1,336,460
Tax Record2023$17,059 ($1,422 / month)
Home Facts
Total Finished SqFt3,230 SqFtAbove Grade Finished SqFt3,230 SqFtLot Size8,479 SqFtStyleMulti-Family Res (5+ Units)Year Built1955ZoningLAR3CountyLOS ANGELESAPN5544-036-014
Schools near 1315 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 | ||
STEM Academy at Bernstein High Public9 to 12 | ||
Helen Bernstein High School 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.
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