1747 Kingsley Dr, Los Angeles, CA 90027
20 Unit Apartment Building | $6,750,000 ($337,500/Unit) | 5.54% Cap Rate | Los Angeles, CA 90027
For Sale
Active
2 pictures
Asking Price $6,750,000
- Property Type
-
Multifamily
- Square Feet
- 14,144 SF
Listing Contacts
Paul Darrow
Property Overview
Walker & Dunlop, as exclusive advisor, is pleased to present for sale 1747 N. Kingsley Drive(the” Property”), a 20-unit luxury community located in Los Feliz, one of the best-performing rental markets in Los Angeles. This area is renowned for its authentic neighborhood vibe, featuring a diverse array of restaurants, coffee shops, specialty stores, and bookstores. The property is also situated just minutes from Netflix’s campus at the nexus of Los Angeles’ hottest media market, Hollywood, California. Originally built in 1953, 1747 N. Kingsley has been recently transformed by current ownership into a high-end, luxury living space with modern European architecture and interior finishes. The thoughtfully curated amenity package sets a new standard for boutique living in a highly coveted and unique neighborhood.
Property Details
- Class
- C
- Year Built
- 1953
- Stories
- 2
- Lot Size (sq. ft)
- 15,246 SF
- Units
- 20
Highlights
- Attractive Metrics VS Recent Sales.
- Over $2M Invested Towards Revenue Enhancing Renovations.
- Big City Jobs Without The Congestion.
- Limited Buying Options In A High Growth Market.
- Los Feliz Remains Resilient To Market Challenges.
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