Active
4530 Kingswell Ave
Los Angeles CA, 90027
$1,995,000
$907.23 per sqft
Active
7 Beds
3 Baths
2,199 sqft
Multi-family
Built in 1911
Get ready to feast your eyes on what is, arguably, one of the most attractive multi-family properties in all of Los Feliz. All units will be delivered vacant by end of February! Seller will lease back the units until then. And, lest you think the pro forma rents are too high for units of this size, consider the following: a) these 'units' are each detached bungalows, i.e., no common walls. Each of them acts and feels like small single family residences b) the two smaller units each have their own private dedicated yard, an almost unheard of amenity for a multi-family. c) each unit is air conditioned, has in-unit laundry and full-on kitchen appliances, including dishwasher. d) each unit has its own parking; the 4 bed has 4 car tandem parking! e) this property has awesome walkability - walking distance to both Hillhurst and Vermont, yet far enough away from either of them to be in a tranquil space. For the uninitiated, Hillhurst and Vermont between Hollywood and Los Feliz Blvd are two of the most popular walking streets on the East Side, chock full of great restaurants of all types and kinds, including Jeni's Splendid Ice Cream shop, and even the venerable Los Feliz movie theater. f) The units can come fully furnished if the buyer so desires and g) the units have been renovated to a very high quality inside and out, and are just plain beautiful. Incidentally, the current owner has had great success renting these units on a monthly basis. He is quite happy to walk you through what he has been doing. If you are interested in following in his footsteps you can increase those pro forma rents by about $1200. Great for an owner-user or for an investor. Come and make it yours.
24-463049
MLSⓇ ID
November 13, 2024
Listed
November 21, 2024
Updated
Map
4530 Kingswell Ave
Los Angeles CA, 90027
Interior Features
Total Stories
1
Bedrooms
7
Total Bathrooms
3
Appliances
Dishwasher, Gas Or Electric Dryer Hookup, Refrigerator, Range/Oven
Fireplace
No
Cooling
Yes
Cooling Description
Central
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.15 Acres
Other Property Details
Area Name
Los Feliz
Days on Market
8
Garage
No
Parking
Uncovered
Parking Total
7
View
No
County
Los Angeles
Pool
No
Zoning
LAR2
Listed by Ken Shapiro with Silverwood Properties
Listing Contact: 818-237-6963
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©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 11/21/2024