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Multifamiliar (2-4 unidades)Número de MLS: #24-434731
Presenting an exceptional investment opportunity at 634 North Kingsley Drive, a well-managed 16-unit multifamily property located in the heart of Mid-Wilshire. Built in 1954, this asset comprises 16 one-bedroom/one-bathroom units, with upgraded units featuring laminate flooring, granite countertops, wall-mounted HVAC systems, and modern kitchen appliances. The property offers significant value-add potential, with current rents approximately 35% below market rates. A vacant unit provides an immediate opportunity for renovation and income maximization. Recent lease agreements for units 3 and 15, at $1,995 per month, affirm the market rent for the area. With the last 4% rental increase implemented in February 2024, a new investor will have the opportunity to further increase rents in February 2025. Key property features include parking for 13 vehicles, an on-site laundry facility, and individually metered gas and electric utilities for each unit. Notably, the property requires no soft story retrofit, minimizing potential capital expenditures. The property boasts a "Walk Score" of 90, with close proximity to shops, restaurants, and retail along Melrose Avenue and Beverly Boulevard. It is also conveniently situated within a short drive of Hollywood, Downtown Los Angeles, West Hollywood, and Beverly Hills, and is within walking distance of the Metro B Line (Red) at Vermont/Beverly Station.Características de la propiedad
Antigüedad: | Más de 50 años de antigüedad |
---|---|
Amenidades: | Puerto |
Estilo arquitectónico: | Otro |
Sistema de refrigeración: | Equipo de aire acondicionado de pared |
Área del lote: | 0.29 Acres |
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Escuela primaria
HARVARD ELEMENTARY
0.4
MillasVer detalle
Escuela secundaria (ciclo básico)
VIRGIL MIDDLE SCHOOL
0.9
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Escuela secundaria (ciclo superior)
MIGUEL CONTRERAS LEARNING COMPLEX - SCHOOL OF GLOBAL STUDIES
2.9
MillasVer detalle
BELMONT HIGH SCHOOL
2.7
MillasVer detalle
MIGUEL CONTRERAS LEARNING COMPLEX - SCHOOL OF BUSINESS & TOURISM
2.9
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MIGUEL CONTRERAS LEARNING COMPLEX - ACADEMIC LEADERSHIP COMMUNITY
2.9
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ROYBAL LEARNING CENTER
3.1
MillasVer detalle
MIGUEL CONTRERAS LEARNING COMPLEX - SCHOOL OF SOCIAL JUSTICE
2.9
MillasVer detalle
Otros escuelas cercanos | Distancia | Tipo | Grados/años | Califaciones |
---|---|---|---|---|
Alexandria Elementary School | 0.4 mi | Public | KG-5 | B- |
Immaculate Heart Of Mary School | 0.6 mi | Private | KG-8 | |
Kingsley Elementary School | 0.6 mi | Public | KG-5 | C+ |
Ramona Elementary | 0.6 mi | Public | KG-6 | D+ |
Blind Children's Center | 0.7 mi | Private | PK-T1 | |
Van Ness Avenue Elementary | 0.8 mi | Public | KG-5 | C+ |
Dayton Heights Elementary School | 0.8 mi | Public | KG-5 | B+ |
Santa Monica Boulevard Community Charter | 0.8 mi | Public | KG-6 | B+ |
Cahuenga Elementary School | 0.8 mi | Public | KG-5 | B- |
Santa Monica Boulevard Community Charter | 0.9 mi | Public | KG-6 | |
Frank Del Olmo Elementary School | 0.9 mi | Public | KG-5 | B- |
Kim Elementary School | 0.9 mi | Public | KG-5 | B |
Lockwood Avenue Elementary | 0.9 mi | Public | KG-6 | C- |
St Brendan Catholic School | 1.0 mi | Private | KG-8 | |
Central City Value | 1.0 mi | Public | 9-12 | B |
Dr. Sammy Lee Medical And Health Science Magnet | 1.0 mi | Public | KG-5 | B |
Camino Nuevo High #2 | 1.1 mi | Public | 9-12 | B |
Richard A. Alonzo Community Day | 1.1 mi | Public | 7-12 | D- |