950 North Kingsley Drive
950 North Kingsley Drive
$1,175,000
7
4
3,101
3,101
$379
Sold 12/1/23
Description
Owner user opportunity! Fix up and rent! Potential development site for 16 units! Triplex Investment opportunity in East Hollywood. The front unit was constructed in 1920 featuring 3 bedrooms 2 bathrooms. The front unit is seller occupied and has been untouched in years providing an opportunity for a new owner to remodel the front unit and capitalize on market rent. Front house likely has deferred maintenance. The rear two units were built in 1949, each featuring 2 bedrooms and 2 bathrooms, one of...Owner user opportunity! Fix up and rent! Potential development site for 16 units! Triplex Investment opportunity in East Hollywood. The front unit was constructed in 1920 featuring 3 bedrooms 2 bathrooms. The front unit is seller occupied and has been untouched in years providing an opportunity for a new owner to remodel the front unit and capitalize on market rent. Front house likely has deferred maintenance. The rear two units were built in 1949, each featuring 2 bedrooms and 2 bathrooms, one of which is a townhome style unit. Both 2 bed units delivered vacant at closing. The 3 bed unit is owner occupied, needs 60-90 days to relocate after closing. The property also features potential for redevelopment. Per Brickwork you can develop 9 multifamily units by right, or 16 units with TOC Tier 2. This excellent East Hollywood location features a Walk Score of 85 out of 100 and is minutes away from tenant daily needs, nightlife, restaurants and much more! Some of the household names in the area include Home Depot, McDonald's, Erewhon, Chick Fil A, Jons International Marketplace, Target, Rite Aid, and much more! Tenants have easy access to local public schools, hospitals, and the Sunset Gower Studios.
- Listed by Andy Anubhav Kawatra • DRE #01881930 • Brokerage DRE #01881930 • Andy Anubhav Kawatra
Property Details for 950 North Kingsley Drive
Zoning
LAR3
Parcel Number5537024026
Total Units3.0
Living Area3101
Source Living AreaVendor Enhanced
AreaHollywood (C20)
Vacancy Rate3%
Lot Size Area7588
Location
LISTING UPDATED: 12/04/2023 10:46 AM
Property Details for 950 North Kingsley Drive
Status | Sold |
---|---|
MLS # | 23-299863 |
Days on Market | 27 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1920 |
Lot Size | 0.17 AC / 7,588 SF |
County | Los Angeles County |
Location
Building Information for 950 North Kingsley Drive
Stories-Residences-Year Built1920Building Size-Lot Size0.17 AC / 7,588 SF
Payment Calculator
$6,987 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 950 North Kingsley Drive
Property History for 950 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 950 North Kingsley Drive
Taxable ValueLand$227,249Additions$312,644Total$539,893
Tax Record2023$6,904 ($575 / month)
Home Facts
Total Finished SqFt3,101 SqFtAbove Grade Finished SqFt3,101 SqFtLot Size7,588 SqFtStyleTriplexYear Built1920ZoningLAR3CountyLOS ANGELESAPN5537-024-026
Schools near 950 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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