$1,775,000
For Sale

1811 N Kingsley Drive

Los Angeles, CA 90027
5532 sqft | 8 beds | #25539067
Browse 2 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

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.

  • Property Details
      • Property SubtypeResidential Income
      • Property TypeMulti-Family
      • CountyLos Angeles
      • Original List Price$1,775,000
      • StoriesTwo Level
      • HeatingWall Gas
      • Parking GarageDriveway
      • MLS #25539067
      • MLS #25539067
      • Cost1775000
      • Parking TypeGarage
      • ZoningLAR3-1
      • Square Feet5532
      • Year Built1924
      • Price Per Sqft$320
      • Bedrooms8

Location

Legal

​© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.​

Last Updated: . Source: CLAWMLS

Listing Courtesy
Listing Agent: Shaya Lowenstein (#C120744), Email: info@shayarealestate.com
Listing Office: Keller Williams Larchmont (#X74850)

Bib Scott | Windermere Real EstateReal Estate Group
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​© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.​

© California Desert Association of REALTORS® MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.