4416 KINGSWELL AVE new

Los Angeles,CA 90027

$ 3198000

9 Beds

9 Baths

4531 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,531 sqft

Price per Sqft $705

MLS Listing ID 25547659

Style Contemporary

Bedrooms 9

Construction Status Updated/Remodeled

Year Built 1942

Lot Size 6,756 Sqft

Acres 0.1551

Property Sub-Type Multi-Family

Property Description

High revenue producing Income property with strong rental profile and low operating costs. The added quality being in 1a 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. This last unit is currently listed for lease (lease price $6490.00) and will be available for showings after 01 July. Close to everything, yet tucked quietly on a quiet residential street. Difficult to find a similar property with only 3 units that generates an approximate monthly total of $18,242.00. Building suits the needs of owner/user practicality or individuals needing an strong 1031 fulfillment. Because of the relativity recent renovations, all units are in excellent condition and maintenance costs are far below average of most all other income property in neighborhood. Combining all needs on the income checklist of location, proof of strong rental stability and easy maintenance.

Location

State CA

County Los Angeles

Area Los Feliz

Zoning LAR2

Rooms

Other Rooms None

Dining Room 0

Kitchen Granite Counters, Island

Interior

Interior Features Open Floor Plan, Turnkey, High Ceilings (9 Feet+), Recessed Lighting, Tandem

Heating Central

Cooling Central, Air Conditioning

Flooring Hardwood, Tile

Fireplaces Type None

Equipment Dishwasher, Dryer, Washer, Ice Maker, Garbage Disposal, Freezer, Range/Oven, Refrigerator, Hood Fan, Gas Or Electric Dryer Hookup, Built-Ins

Laundry In Closet, In Unit, Inside, On Upper Level

Exterior

Parking Features Garage - 1 Car, Garage Is Attached, Covered Parking, Parking for Guests, Door Opener, Driveway - Pavers, Driveway Gate, Attached

Garage Spaces 4.0

Pool None

Waterfront Description None

View Y/N Yes

View Other, Walk Street

Roof Type Composition

Building

Lot Description Back Yard, Yard, Lot Shape-Rectangular, Lot-Level/Flat, Street Lighting, Walk Street, Automatic Gate, Single Lot, Landscaped, Gutters, Storm Drains, Fenced Yard, Front Yard, Exterior Security Lights

Story 2

Foundation Slab

Sewer In Street

Water Meter on Property

Architectural Style Contemporary

Level or Stories Two

Structure Type Stucco

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard

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