1747 N Kingsley Dr, Los Angeles, CA 90027
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1747 N Kingsley Dr Los Angeles, CA 90027

$7,200,000
  • 21 Beds
  • 20 Baths
  • 14,144 Sq.Ft.
For Sale
$7,200,000 Get Pre-Qualified

Map preview of 1747 N Kingsley Dr, Los Angeles, CA 90027

Property Overview: 1747 N Kingsley Dr Los Angeles, CA has 21 bedrooms, 20 bathrooms, 14,144 living square feet and 15,029 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: We proudly present 1747 N Kingsley Dr. The property offers 14 out of 20 renovated condo-style apartments with top-tier amenities, including state-of-the-art kitchens, in-unit washer/dryer, picket-tiled backsplashes, matte black details, and spacious floor plans. Nestled on a charming tree-lined street with a manicured courtyard, it enjoys a prime location near Griffith Park, The Greek Theatre, and the East Side's best shopping, dining, and nightlife. Residents benefit from convenient accessibility in a walkable neighborhood within proximity to the Hollywood/Western Station (half a mile away), and easy access to the 101 Freeway. Th property's location is advantageous for tenants working for major employers in Hollywood and Downtown Los Angeles.

Listed by Zachary Freehling | BRE #01879326 | Skylight Real Estate Advisors, Inc.
Last checked: 4 minutes ago | Last updated: March 14th, 2024 | Source CRMLS | DOM: 46
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Home details

Lot Sq. Ft
15,029
HOA Dues
$0/mo
Year built
1953
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24365801
City
Los Angeles
County
Los Angeles
Time on Site
56 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 20
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,000
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $3,595
Unit Breakdown 2
  • # of Units: 19
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,316
  • Total Rent: $44,009
  • Pro Forma/Market Rent: $57,950
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.2%
  • Gross Rent Multiplier: 12.7
  • Gross Scheduled Income: --
  • Net Operating Income: $374,386
  • Gross Operating Income: $549,983
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1747 N Kingsley Dr

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave, Refrigerator, Gas Range, Gas Oven
Interior Features
  • Levels: Multi/Split
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 14
  • Has Parking
  • Parking Features: Covered, Uncovered
Property Information
  • Total # of Units: 20
  • Parcel Number: 5544010029
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Located off of N Kingsley Dr between Hollywood Blvd and Franklin Ave.
View more facts & features

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Sale History for 1747 N Kingsley Dr

Last sold for $5,845,000 on March 3rd, 2020
  • March, 2024

  • Mar 6, 2024

    Date

    Active

    CRMLS: 24365801

    $7,200,000

    Price

  • February, 2021

  • Feb 14, 2021

    Date

    Expired

    CRMLS: 20660722

    $6,500,000

    Price

  • Jan 22, 2021

    Date

    Price Change

    CRMLS: 20660722

    $6,500,000

    Price

  • Nov 17, 2020

    Date

    Active

    CRMLS: 20660722

    $6,950,000

    Price

  • Listing provided courtesy of CRMLS

  • September, 2020

  • Sep 24, 2020

    Date

    Expired

    CRMLS: 20597220

    $7,000,000

    Price

  • Jun 30, 2020

    Date

    Active

    CRMLS: 20597220

    $7,000,000

    Price

  • Listing provided courtesy of CRMLS

    We proudly present 1747 N Kingsley Dr, 20 units (with 11 vacancies) on the border of the desirable Los Feliz neighborhood. This charming courtyard property currently operates as 20 units, however the Seller is exploring the process of converting existing space into the allowable 2 bonus Accessory Dwelling Units (per Los Angeles city guidelines). 1747 N Kingsley Dr is excellently located near Griffith Park, The Greek Theatre, numerous local shops and restaurants, the 101 freeway and major employers including Paramount, Viacom, Netflix and Buzzfeed. Buyer has the opportunity to renovate vacant units to achieve higher market rents.

  • March, 2020

  • Mar 3, 2020

    Date

    Sold (Public Records)

    Public Records

    $5,845,000

    Price

  • September, 2009

  • Sep 8, 2009

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1747 N Kingsley Dr

Assessed Value (2020): $1,208,506
Year Land Value Improved Value Assessed Value
2020 $371,453 $837,053 $1,208,506

Home Value Compared to the Market

This property vs the competition

1747 N Kingsley Dr is listed 487.76% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $509.05 per/sqft which puts the price per square foot 34.23% lower than the median price per square foot for the city of Los Angeles.

About 1747 N Kingsley Dr

Detailed summary of property

1747 N Kingsley Dr is a multi family located in Los Angeles, CA 90027 and is currently for sale. This multi family property offers 21 bedrooms, 20 bathrooms, roughly 14,144 living square feet, and sits on an approximately 15,029 square foot lot. 1747 N Kingsley Dr was first listed on ArdentRealEstateGroup.com on March 7, 2024. The homeowner is currently asking $7,200,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 487.76% higher than the median priced home. Local competing homes currently for sale include 211 S Poinsettia Pl, 2709 W Pico Blvd and 7815 Melrose Ave. While the average home in Los Angeles, CA is selling in 96 days, 1747 N Kingsley Dr has a days on market of 46 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 1747 N Kingsley Dr Los Angeles, CA 90027 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1747 N Kingsley Dr

Public county record property details
Beds
--
Baths
20
Year built
1953
Sq. Ft.
14,144
Lot Size
15,024
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
13
APN
5544-010-029

The source for these homes facts are from public records.

90027 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,450,000
Median List Price/Sq.Ft.
$989
Median Sold Price
$1,900,000
Median Sold Price/Sq.Ft.
$885
Total Inventory
83
Median Sale to List Price %
102.7%
Avg Days on Market
24
Loan Type
Conventional (12.5%), FHA (0%), VA (0%), Cash (12.5%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.