Log In/Sign Up
626 N Kingsley Dr
Los Angeles, CA 90004
5.9% Cap Rate in Hollywood W/No Rent Control · Multifamily Property For Sale
·
18 Units
Investment Highlights
- 5.9% Cap Rate on Current Income With Excellent Remaining Upside
- Incredible Unit Mix - 89% Two & Three Bedroom Apartments
- Fully Renovated in 2023 & in Turn-Key Condition With 29 Parking Spaces
- 10 Units Exempt from Los Angeles Rent Control (1980's Construction)
- Two Separate APN's to Avoid ULA Mansions Tax Through Separate Transactions
- Potential to Add Upwards of 5 ADU Apartments
Property Facts
| No. Units | 18 | Building Size | 12,735 SF |
| Property Type | Multifamily | Average Occupancy | 22% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1987 |
| Building Class | C | Parking Ratio | 2.28/1,000 SF |
| Lot Size | 0.52 AC | ||
| Zoning | R3-1 - Limited Density Multiple Residence | ||
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.52 AC |
| Building Size | 12,735 SF |
| Average Occupancy | 22% |
| No. Stories | 2 |
| Year Built | 1987 |
| Parking Ratio | 2.28/1,000 SF |
| Zoning | R3-1 - Limited Density Multiple Residence |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Granite Countertops
- Hardwood Floors
- Stainless Steel Appliances
Site Amenities
- Controlled Access
- Laundry Facilities
- Security System
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $2,395 | 550 |
| 2+1 | 13 | $2,327 | 675 - 725 |
| 3+1 | 2 | $3,300 | 800 |
| 3+2 | 1 | $3,400 | 900 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,716,139 | |
| Land Assessment | $4,005,540 | Total Assessment | $5,721,679 |
Property Taxes
Parcel Numbers
Land Assessment
$4,005,540
Improvements Assessment
$1,716,139
Total Assessment
$5,721,679
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
