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950 Kingsley Drive
Los Angeles, CA 90029
Sold
950 Kingsley Drive
Los Angeles, CA 90029
Sold
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.
PROPERTY INFORMATION
| MLS # | 23299863 | Lot Size | 7,588 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 1,250,000
Price Per SqFt: $ 403 |
DOM | 632 Days |
| Address | 950 Kingsley Drive | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 3,101 Sq. Ft. |
| Postal Code | 90029 | Garage | N/A |
| County | Los Angeles | Year Built | 1920 |
| Bed / Bath | 7 / 0 | Parking | N/A |
| Built In | 1920 | Status | Closed |
| Sold Date | 2023-12-01 |
INTERIOR FEATURES
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,333
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 09/06/2023 | Pending | $1,250,000 |
| 08/10/2023 | Listed | $1,250,000 |
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Listing provided courtesy of Andy Anubhav Kawatra, Andy Anubhav Kawatra. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
