Alta Realty Group Ca, Inc
Tom Fecske, Alta Realty Group Ca, IncPhone: (213) 219-9098
Email: tom.altarealty@gmail.com
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listing
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Residential IncomeFor Sale
$3,395,000
634 N Kingsley Drive
Los Angeles, CA 90004
Listed by Trevor Bergher DRE#02103899 trevorb@weahomes.com Westside Estate Agency Inc.
MLS: California Regional MLS (CRMLS)
16Beds
16Baths
11,564Sq Ft
Est. Mortgage
$17,624/mo

Introducing the opportunity to purchase 634 North Kingsley Drive, a value-add and professionally managed 16- unit multifamily asset located in the heart of Mid-Wilshire. Built in 1954, the property consists of 16 one-bedroom/one-bathroom units that contain features such as laminate flooring, granite counters, window/wall-mounted HVAC and kitchen appliances. Current rents are approximately 42% under market with 1 vacant unit providing a new investor the opportunity to renovate units in order to maximize rental income. The property features parking for 13 vehicles and includes an on-site laundry facility. Units are individually metered for both gas and electric with water heaters in each unit. No soft story retrofit needed. The building boasts a "Walk Score" of 90 as it is located near many shops, restaurants and retail along both Melrose Ave and Beverly Blvd. The property is conveniently located and only a short drive away from neighborhoods such as Hollywood, Downtown, West Hollywood and Beverly Hills. It is also located close to the Metro B Line (Red) at Vermont/Beverly Station stop.

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Information courtesy of Westside Estate Agency Inc. is subject to verification and is not guaranteed.
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