Los Angeles, CA 90029 924 N Kingsley Drive
$2,900,000
10 more
Presented By: Nabil Suleiman with Atlas Elm Realty - (661) 904-1725
- MLS# P120616
- 01/27/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 12
Baths • 8
SQFT • 6,676
Home Details
This 8-unit property offers a prime opportunity to invest in a rapidly growing neighborhood. With 5 recently renovated units, an assumable loan, and potential for further expansion--including ADU (Accessory Dwelling Unit) development--this multifamily asset is a strong addition to any real estate portfolio.
Presented By: Nabil Suleiman with Atlas Elm Realty - (661) 904-1725
Interior Features for 924 N Kingsley Drive
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Common Walls2+ Common Walls, 1 Common Wall, End Unit
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Total Stories2
General for 924 N Kingsley Drive
Cap Rate5
CityLos Angeles
Community FeaturesUrban
CountyLos Angeles
DirectionsExit Santa Monica
Garage Spaces
Garage Y/NNo
Gross Income212152
HOA Fee$
Insurance Expense4673
Land Lease Y/NNo
LevelsTwo
Lot Size Square Feet9660
Lot Size UnitsSquare Feet
MLS AreaC16 - Mid Los Angeles
Net Operating Income145714
Open Parking Spaces8
Operating Expense61074
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameNot Applicable
Tax Lot0
Trash Expense2000
ViewNone
Year Built1956
Year Built SourceAssessor
Exterior for 924 N Kingsley Drive
Building Area Total6676
Lot FeaturesSprinklers None
Lot Size Acres0.2218
Lot Size Area9660
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters8
Number of Separate Gas Meters8
Number of Separate Water Meters1
Parking FeaturesAsphalt
SpaNo
Total Parking8
Water SourcePublic
Additional Details
Price History
Hal Schlegel
Broker Associate