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1811 N Kingsley Drive, Los Angeles, CA 90027
1811 N Kingsley Drive
Overview
Property ID: HZ25539067
- 8
- 8
- 5532
- 1924
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.
Address
Open on Google Maps- Address Kingsley
- City Los Angeles
- State/county Los Angeles
- Zip/Postal Code 90027
Details
Updated on September 30, 2025 at 6:07 am- Property ID: HZ25539067
- Price: $1,695,000
- Property Size: 5532 Sq Ft
- Bedrooms: 8
- Bathrooms: 8
- Year Built: 1924
- Property Status: ResidentialIncome
- Listed by: Shaya Lowenstein
- DRE #: 01942326
- Contact Mail: info@shayarealestate.com
- Brokered by: Lyon Stahl Investment Real Estate, Inc.
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