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4416 Kingswell Ave

Los Angeles, CA 90027
  • $3,199,998
  • STATUS: Active
  • ON SITE: 110 days
  • ID#: 21-694832
UPDATED: 8 min ago
$3,199,998
  • 9
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,531
    SQFT
  • $706
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1942
County:
Area:

School Ratings & Info

Description

Supreme income property with strong rent profile and low operating costs- all in a high demand neighborhood. Immediate access to Los Feliz Village; shopping, eateries. and services. In 2017 property finalized a complete, ground up, new construction overhaul. This includes every system and all aesthetic modern finishes. Lessees have convenience of modern appliances, convenient laundry closet upstairs, and bedroom/ bath elements in great condition. Each unit has their own outdoor privacy space. All garages are private, with direct entrance into home. Last unit in back has a generous 2 car garage, as well as expanded Master Suite, w/ hidden and private backyard patio area. Close to everything, yet tucked quietly on residential street. Difficult to find a similar property generating equal revenue stream. Combining all needs on the income checklist of location, proof of strong rental stability and easy maintenance.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-19T11:42:36.097. 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.
www.trulinerealty.com/homes/114605245
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4416 Kingswell Ave Los Angeles, CA 90027

  • Price: $3,199,998
  • Status: Active
  • Updated: 8 min ago
  • ID#: 21-694832
9
Beds
0
Baths
0
½ Baths
0.16
Acres
4,531
SQFT
$706
$/SQFT
1942
Built
Neighborhood:
Los Feliz
County:
Los Angeles
Area:
Los Feliz
Property Description
Supreme income property with strong rent profile and low operating costs- all in a high demand neighborhood. Immediate access to Los Feliz Village; shopping, eateries. and services. In 2017 property finalized a complete, ground up, new construction overhaul. This includes every system and all aesthetic modern finishes. Lessees have convenience of modern appliances, convenient laundry closet upstairs, and bedroom/ bath elements in great condition. Each unit has their own outdoor privacy space. All garages are private, with direct entrance into home. Last unit in back has a generous 2 car garage, as well as expanded Master Suite, w/ hidden and private backyard patio area. Close to everything, yet tucked quietly on residential street. Difficult to find a similar property generating equal revenue stream. Combining all needs on the income checklist of location, proof of strong rental stability and easy maintenance.
Exterior Features

Cross Streets Hillhurst Ave Direction Faces West Entry Location Ground Level - No Steps Exterior Construction Stucco Garage Structures Total 3 Levels Two Lot Description Back YardYardLot Shape-RectangularLot-Level/FlatStreet LightingWalk StreetAutomatic GateSingle LotLandscapedGuttersStorm DrainsFenced YardFront YardExterior Security Lights Lot Location Flats Lot Size Area 6756 Other Structures None Parking Garage Garage - 1 CarGarage Is AttachedCovered ParkingParking For GuestsDoor OpenerDriveway - PaversDriveway GateAttached Patio Features Porch - RearPatio OpenBalconyTileRock/Stone Paved YN Yes Pool Description None Pool YN No Roof Composition Spa None Spa YN No Sprinklers Sprinkler System Style Contemporary Tennis Court None Total Parking 4 View Description OtherWalk Street View YN Yes Water Frontage None

Interior Features

Bathroom Features Low Flow Shower(S)Low Flow Toilet(S)Powder RoomRemodeledShower Over TubTileDouble Vanity(S)Shower And Tub Baths Total 9.00 Bedroom Features All Bedrooms UpMaster BedroomMaster SuiteWalkinclosetMaster Retreat Cooking Appliances Gas/Electric RangeOven-GasRangeRange HoodBuilt-Ins Cooling CentralAir Conditioning Den No Dining Room No Equipment DishwasherDryerWasherIce MakerGarbage DisposalFreezerRange/OvenRefrigeratorHood FanGas Or Electric Dryer HookupBuilt-Ins Family Room No Fireplace Rooms None Flooring HardwoodTile Foundation Details Slab Heating Central Interior Features Open Floor PlanTurnkeyHigh Ceilings (9 Feet+)Recessed LightingTandem Kitchen Features Granite CountersIsland Laundry In ClosetIn UnitInsideOn Upper Level Laundry Equipment Own Rooms Living RoomBreakfast AreaPowderWalk-In ClosetPatio OpenDining AreaPatio Enclosed Water Heater Features Gas Windows Double Pane WindowsCustom Window CoveringScreens

Property Features

Assessed Total Value 1061072 Gross Income 18300 Gross Operating Income 15000 Like Units1 1 Like Units2 1 Like Units3 1 Net Operating Income 204600.00 Number Of Buildings 3 Number Of Units 3 Owner Pays Water Property Condition Updated/Remodeled Rent Control YN Yes Sale Type Standard Security Features Automatic GateExterior Security Lights Sewer In Street Source Living Area Title Company Source Lot Size Area Assessor Tenant Pays Trash CollectionGas Total Annual Expense 15000 Type Of Units Detatched Water Meter On Property Water Heaters YN Yes Year Built Source Assessor Zoning Lar2

Listing provided courtesy of Michelle St. Clair DRE#01449428 of Sotheby's International Realty.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-19T11:42:36.097. 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.
 
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TruLine Realty
2999 Overland Ave., Suite 116
Los Angeles CA, 90064