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1811 N Kingsley Drive, Los Angeles, CA 90027
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$1,695,000
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Home Details for 1811 N Kingsley Drive
Price
$1,695,000
Type
other
Bedrooms
8
Total Bathrooms
8
Year Build
1924
Sq. Ft.
5532
Lot Size
0.2667
County
Los Angeles
MLS®️ Listing#
25539067
On exitrealty.com
211 days
Property Description
Incredible opportunity in a prime Los Feliz adjacent location. Large property of close to 12,000 SF of land, offers many opportunities. There are currently 8 units spread over 3 bungalow style structures with 8 on site parking spaces. With a current cap rate of 5.89% and approximately 42% upside in existing rents, offering a cap rate of 9.4% at market rents. The large lot has potential for up to 6 ADUs or more, which would raise the cap rate to above 10%! Tenants pay their own trash, keeping expenses low. The large lot, zoned LAR3 also offers potential for ground up development.
- Cooling Information
- None
- Parking
- Driveway
Listing Courtesy: Lyon Stahl Investment Real Estate, Inc. - 310-425-9838. Presented by: Shaya Lowenstein
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-10-10 15:16:07 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Market statistics compiled from data from California Regional MLS.
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EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA DRE# 01516899. Lorenzo Castillo Broker.
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$1,695,000
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EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA DRE# 01516899. Lorenzo Castillo Broker.