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950 N Kingsley Dr, Los Angeles, CA 90029
$1,175,000
950 N Kingsley Dr, Los Angeles, CA 90029View this property at 950 N Kingsley Dr, Los Angeles, CA 90029
950 N Kingsley DrLos AngelesCA90029
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Property 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 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.
Full Property Details
Full Property Details for 950 N Kingsley Dr
General
- Sold For: $1,175,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 23-299863
- Added to Site: 262 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 7
Additional Information
- Other Features: None
Parking
- Garage Description: Driveway
Location
- Area: Hollywood
- County: Los Angeles
- Driving Directions: on Kingsley South of Romaine
Heating & Cooling
- Cooling Type: Wall Unit(s)
- Heating Type: Other
Structural Information
- # Buildings: 2
- Stories/Levels: 0
- Square Feet: 3,101
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1920
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 3
- Unit Type: 2106, 2107
Unit 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 2
- Total Bathrooms: 2
- Bedrooms: 3
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1742
- Lot Size: 7588
- Lot Size Source: Vendor Enhanced
- Zoning: LAR3
Financial Considerations
- Price Per Sq. Ft.: $403.1
- Assessment Year: 1920
Disclosures and Reports
- Disclosures/Reports: None
- APN: 5537-024-026
Listed and Sold by Andy Anubhav Kawatra, Andy Anubhav Kawatra
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Schools
Schools serving 950 N Kingsley Dr
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
5200 Virginia Ave, Los Angeles, CA 90029 | K-5 | 0.3 mi | |
1316 N Bronson Ave, Los Angeles, CA 90028 | 7-8 | 1 mi | |
1309 N Wilton Pl, Hollywood, CA 90028 | 9-12 | 0.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 950 N Kingsley Dr
Date
Details
Price
Change
Source
12/01/2023
Sold
$1,175,000
-6%
MLS
8/10/2023
Listed
$1,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
950 N Kingsley Dr, Los Angeles, CA 90029 (MLS# 23-299863) is a Multi-Family property that was sold at $1,175,000 on December 01, 2023. Want to learn more about 950 N Kingsley Dr? Do you have questions about finding other Multi-Family real estate for sale in Hollywood? You can browse all Hollywood real estate or contact a Coldwell Banker agent to request more information.