1811 N Kingsley Drive
Los Angeles, CA 90027
- – beds
- – baths
- – sqft
- 11,616 sqft lot
- 1924 build
- – on site
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.
Last checked:
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Last updated May 15, 2025
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MLS# 25539067 —
The Building
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Year Built:1924
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:5532.00
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Total Number Of Units:8
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# of Buildings:3
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Stories Total:1
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Faces:East
Interior
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Levels:Two
Financial & Terms
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Disclosures:LA/Owner Related, Rent Control
Location
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Directions:North of Hollywood, South of Franklin. East of Western, West of Vermont
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Latitude:34.10394700
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Longitude:-118.30395100
The Property
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Property Type:Residential Income
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Zoning:LAR3-1
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Lot Size Area:11616.0000
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Lot Size Acres:0.2667
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Lot Size SqFt:11616.00
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Lot Size Source:Assessor
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View:1
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View:Mountain(s), City Lights
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5544010011
Heating & Cooling
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Cooling:No
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Cooling:None
Appliances
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Appliances:Disposal
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Driveway
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Parking Spaces:8.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/15/25
May 15, 2025
|
Listed / Active | CRMLS_CA | $1,775,000 | |
6/16/22
Jun 16, 2022
|
Listed / Active | CRMLS_CA | ||
8/11/21
Aug 11, 2021
|
Price Changed | CRMLS_CA |