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809 N Kingsley, Los Angeles 90029


809 N Kingsley Dr, Los Angeles, CA 90029


2016-04-142016-04-14 (7)



Brand New Construction – Fully Rented for $10,900/month, No Rent Control – $2,100,000

Central Hollywood Location – West of the 101 and North of Melrose.  Close to downtown and all that Hollywood has to offer.

This is an investment opportunity.  Off Market. Not on MLS.

4-Plex with No Rent Control.

Each unit is 3 bedrooms and 2 bathrooms.

Square feet per unit: 1,250

Building Square Feet: 5,000

Total Actual Rent: $10,900 (Two upper units rented for $2,750, two lower units rented for $2,700). Leases began one month ago and are for 1 year.

Total Expenses: $80/month. Minimal Landscaping (New Construction)

Capitalization Rate: 6%

Do Not Disturb Tenants.

Contact Yamile Pittol or Sierus Erdelyi for more information.

(310) 383-4640.

(818) 219-3899