1150 N Kingsley Dr, Los Angeles, CA 90029
FOR SALE
Listed by Anie Mayelian, Keller Williams Realty Calabasas, (818) 657-6500

1150 N Kingsley Dr
Los Angeles, CA 90029

Hollywood
  • 5 Beds
  • 7 Baths
  • 3,199 sqft
  • 5 Beds
  • 7 Baths
  • 3,199 sqft

$1,350,000

Est. Mortgage $8,602/mo*
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Local Information

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Description

We are pleased to present the opportunity to acquire a fixer 6 unit apartment building in East Hollywood! 4 of the 6 units will be delivered VACANT and present the ideal situation for a buyer to remodel and renovate the vacant units right away! The building consists of 2 structures--the front building consists of 5 units and the back building consists of 1 unit. ALL the units are in a heavy fixer condition. There are also 4 detached garages in the back lot, which can be converted to one or more ADUs. The spacious +/- 7,895 sq. ft. lot. also presents the opportunity to build additional ADUs on the lot. Upon renovating and repositioning the units, the buyer can realize annual rental income of at least $142,800. Located in an Opportunity Zone, the building could provide potential tax benefits for a buyer! The buyer also has the option to revise the unit interior floor plans to maximize revenue. Given the building's central location in the bustling rental Hollywood rental market and close to Virgil Village, Melrose Hill, and the numerous establishments across Santa Monica Blvd., this is a value-add investment not to be missed!

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Contact Manager
HOA
None
Price/Sqft
$422
Listed
50 days ago

Home Details for 1150 N Kingsley Dr

Interior Features

Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 7
Appliances & Utilities
Laundry: Common Area
Windows, Doors, Floors & Walls
Common Walls: 2+ Common Walls
Levels, Entrance, & Accessibility
Stories: 2Number of Stories: 2Levels: TwoEntry Location: ground

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
Number of Garage Spaces: 4Number of Covered Spaces: 4Has a GarageParking Spaces: 4Parking: Garage
Pool
Pool: None
Frontage
Road Frontage: City StreetRoad Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Days on Market: 50

Property Information

Year Built
Year Built: 1928
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Not a New ConstructionAttached To Another StructureNo Additional Parcels
Property Information
Condition: FixerParcel Number: 5537015008

Price & Status

Price
List Price: $1,350,000Price Per Sqft: $422

Active Status

MLS Status: Active

Location

Direction & Address
City: Los Angeles

Agent Information

Listing Agent
Listing ID: SR24045277

Building

Building Area
Building Area: 3199 Square Feet

Community

Community Features: Curbs, Sidewalks, Storm Drains, Street LightsNot Senior Community

HOA

Association for this Listing: California Regional MLS

Lot Information

Lot Area: 7895 sqft

Listing Info

Special Conditions: Standard

Compensation

Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Rental

Has Rent Control

Miscellaneous

Mls Number: SR24045277Attribution Contact: 818-915-9118

Additional Information

CurbsSidewalksStorm DrainsStreet Lights
Last check for updates: 1 day ago
Listing Provided by: Anie Mayelian DRE #00778825, (818) 915-9118
Keller Williams Realty Calabasas
Aleen Mayelian DRE #02198281
Keller Williams Realty Calabasas
Originating MLS: California Regional MLS
Source: CRMLS, MLS#SR24045277

Price History for 1150 N Kingsley Dr

DatePriceEventSource
03/08/2024$1,350,000Listed For SaleCRMLS #SR24045277
06/22/2021ListingRemovedCRMLS #DW21038780
02/25/2021$1,595,000Listed For SaleCRMLS #DW21038780
01/03/2020$1,450,000ListingRemovedAgent Provided
11/19/2019$1,450,000PendingAgent Provided
10/29/2019$1,450,000Listed For SaleAgent Provided
04/22/2019$1,550,000ListingRemovedAgent Provided
02/05/2019$1,550,000Listed For SaleAgent Provided
06/20/1994$180,000Sold
N/A

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Property Taxes and Assessment

Year2023
Tax$4,406
Assessment$294,029
Home facts updated by county records

Comparable Sales for 1150 N Kingsley Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
5237 Lexington Ave, Los Angeles, CA
0.14
Multi-Family Home
$1,200,000
08/17/23
7
4
2,863
1310 N Kingsley Dr, Los Angeles, CA
0.25
Multi-Family Home
$1,065,000
07/18/23
5
4
2,816
950 N Kingsley Dr, Los Angeles, CA
0.29
Multi-Family Home
$1,175,000
12/01/23
7
4
3,101
1245 N Harvard Blvd, Los Angeles, CA
0.16
Multi-Family Home
$1,750,000
07/11/23
11
7
5,000
1621 N Kingsley Dr, Los Angeles, CA
0.60
Multi-Family Home
$850,000
09/27/23
5
5
3,078
5603 La Mirada Ave, Los Angeles, CA
0.53
Multi-Family Home
$932,000
09/21/23
5
5
2,443
5509 Romaine St, Los Angeles, CA
0.60
Multi-Family Home
$1,200,000
08/18/23
6
4
3,426

Neighborhood Overview

Hollywood
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Hollywood

  • Lou
    "Nothing it’s garbage. Dog poop everywhere. No parking. Trash everywhere. Can’t wait to move out of here. Traffic is insane too"
    0
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  • Sugar1975
    "Friendliest families that have lived on Lemon Grove and Hobart for over 15 years. Lemon Grove Park and Melrose Hills make for a nice late afternoon walk with our two toddlers. "
    0
    Flag
  • R
    "It’s an evolving neighborhood that with gentrification its becoming safer but more expensive. So only the people that have a good source of income will be able to enjoy what will become of this area in the near future"
    7
    Flag
  • Trulia User
    " People don’t clean up after their dogs poop. "
    4
    Flag
  • Momo Yang
    "near police station but not safe that much since they are doing nothing. quite but many homeless people."
    4
    Flag
  • Trulia User
    "There is plenty of place for the dogs to use the bathroom. Very well maintained areas. Beautiful walks"
    0
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  • Trulia User
    "No one picks up after their dogs. Even with the signs posted everywhere, there is dog feces all over the place. "
    1
    Flag
  • Trulia User
    "other people don't pick up after there dogs. even thought it is a residential area cars still speed."
    0
    Flag
  • Trulia User
    "high traffic in this area and around hollywood bowl. not very pleasant but can be convenient at times."
    2
    Flag
  • Trulia User
    "I don’t like that others don’t pick up their dogs poop. You need to watch out where your walking. But schools are close. There are parks that kids can play. I feel safe walking after dark.. also there are a lot of eating place and small grocery shops. Near bus stations. Accessible to everything."
    0
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  • Trulia User
    "8-35 minutes to DTLA. 30-70 minutes to the coast. Can’t complain about either! Hollywood is pretty central to everything LA has to offer. "
    4
    Flag
  • Trulia User
    "There are many different music venues nearby that allow for community events. A lot of the local bars are fun places to hangout at!"
    3
    Flag
  • Trulia User
    "I can't think of any community events in the area. mostly tourist traps and retail stores. ......,.......... "
    2
    Flag
  • Trulia User
    "Larchmont has a feel of small town quaintness and a great sense of community while being centrally located to everything "
    12
    Flag
  • Trulia User
    "Very loud all the time. Very expensive. I feel on edge walking around. All in all a bad deal. "
    14
    Flag
  • Trulia User
    "Bought here over a year ago and for a new young homeowner, the area feels lively but still safe. Enjoy the area"
    2
    Flag
  • Trulia User
    "People and their culture. Different races represented from around the world. Different varieties of food too. "
    3
    Flag
  • Trulia User
    "Love my neighborhood very safe all neighbors are like family to each other I grew up at this neighborhood and now my kids grew up here as well most of my neighbors are living here ever since i can remember"
    0
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  • Trulia User
    "It’s a safe, clean and nice neighborhood to live. People are friendly here. A lot of place to park☺️ "
    1
    Flag
  • Trulia User
    "Hollywood is and always will be a dangerous place to live. It’s close to most things so it’s convenient but everything else is constantly sketchy "
    4
    Flag
  • Trulia User
    "Runyon is always available during daylight. Cute coffee shops and eateries abound. Watch the sunset on Mulholland daily. Check out a film/TV screening. So much more. "
    0
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  • Trulia User
    "nothing. it sucks crime is getting worse homeless out of control . garbage everywhere, no sense of community, traffic terrible "
    0
    Flag
  • Trulia User
    "It’s a very beautiful neighborhood perfect for walking your dog, however, if you your dog is older or has physical difficulties it would be hard on your dog because there are lots of steep inclined hills. "
    0
    Flag
  • Trulia User
    "I see dog owners walk their dogs every day, anytime. You’ll see a lot of people taking a stroll anytime of any day. You’ll see a lot of joggers too, they’ll be running any time except for (high afternoons when the sun is at its highest). There are tons of park to visit with your family. The only downside here is that there are homeless everywhere. That and the real estate is pretty expensive."
    0
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  • Trulia User
    "Dog friendly but always watch where you’re walking because some dog owners do not pick up after their pets "
    0
    Flag
  • Trulia User
    "Good public transportation , close to markets and retail stores and medical facilities. There is direct freeway access to downtown pluses busses and subway"
    0
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  • Trulia User
    "there are always events and attractions that very unique to hollywood. my doorstep is two blocks away from the Walk of Fame, as I am entering you this I am walking down Hollywood boulevard stepping over Stars as I walked past hard Rock Cafe and the Hollywood highland Mall and approaching Ripley's Believe it or not museum. it is impossible to spend an hour or two in Hollywood and not realize you are in Hollywood. "
    0
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  • Trulia User
    "It’s touristy, there are lots of temporary residents and transients in this area. Homeless exist, crime exists. It’s not terrible, and there are some nice parts. Very mixed bag"
    0
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  • Trulia User
    "Near freeways. All good. Take the metro train DT. Great public transportation. Good shopping and takeout nearby. Love my Gelsons"
    0
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  • Trulia User
    "Safe neighborhood. Cleanliness. I feel safe walking my dog, going on jogs, even leaving my door unlocked! "
    0
    Flag
  • Trulia User
    "It’s clean, well maintained, nice and very close to everything. We have Runyon canyon and clues to West Hollywood, Beverly Hills and many theaters and museums."
    0
    Flag
  • Trulia User
    "Hollywood Studio District is great! We’ve lived here a few years and love it. Diversity of people, restaurants. Central location, easy to get anywhere in LA."
    0
    Flag
  • Trulia User
    "The surrounding area is difficult to navigate because of rampant vagrancy along the streets and sidewalks. "
    0
    Flag
  • Trulia User
    "Not very kids friendly but good location for going to different parks in the city, Pan pacific, Griffith"
    0
    Flag
  • Trulia User
    "mixed bag of good and bad, I wouldn't suggest this neighborhood for families but for a young couple or roommates it is alot of fun."
    0
    Flag
  • Kyle M.
    "Fast (potentially dangerous) neighborhood and surrounding traffic, loud noises at all hours, homeless presence is significant, crime is present but not overly terrible, and ironically street parking is surprisingly ok. Mostly, the Melrose, Highland and Santa Monica traffic and general noise are primary downsides."
    32
    Flag
  • Patrick C.
    "Would be a great neighborhood. It’s super walkable, great restaurants and bars, but constant sirens and police helicopters. Having said that it’s actually pretty safe just very loud and dirty. And there is a significant homeless issue."
    86
    Flag
  • Whitlynnb
    "There is significant crime and streets are not very safe for kids to play near. I live in Melrose Hill which is literally a charming residential utopia in the middle of madness so my take on Hollywood is a bit skewed"
    4
    Flag
  • Unspecified
    "To crowded and many people with cars makes it hard to find parking around your place areas never clean "
    1
    Flag
  • Tatianka
    "It’s pretty safe but many homeless people. I heard high school is not very good. Some areas like hollywood hills is very nice and safe"
    2
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LGBTQ Local Legal Protections

Anie Mayelian, Keller Williams Realty Calabasas
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2024-01-24 10:53:37 PST and /or other sources. 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
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
1150 N Kingsley Dr, Los Angeles, CA 90029 is a 5 bedroom, 7 bathroom, 3,199 sqft multi-family built in 1928. 1150 N Kingsley Dr is located in Hollywood, Los Angeles. This property is currently available for sale and was listed by CRMLS on Mar 8, 2024. The MLS # for this home is MLS# SR24045277.