1621 North Kingsley Drive

Los Angeles CA 90027

6876 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

Located in the vibrant Thai Town neighborhood of East Hollywood, 1621 N Kingsley Dr offers a rare opportunity to acquire a charming bungalow-style multifamily property within the broader Hollywood / Los Feliz rental market area. This five-unit property features a unit mix of all one-bedroom, one-bathroom units, consisting of three freestanding bungalow-style units and a duplex with two units. Each unit is separately metered for gas and electric, and each unit has its own individual water heater. Recent improvements include new electrical panels, helping reduce future capital expenditure needs while providing an important infrastructure upgrade. With its desirable unit mix, character-rich bungalow layout, and location in a high-demand rental corridor near Hollywood and Los Feliz, the property presents an attractive investment opportunity for buyers seeking long-term growth and strong tenant demand in one of Los Angeles most dynamic neighborhoods.

Features

4 bedrooms

6876 sq. ft. lot size

Multi-Family

Property history for 1621 North Kingsley Drive

2023

Sold

$850,000

27 Sep 2023 by Justin McCardle, of Growth Investment Group Pasade

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