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4416 Kingswell Avenue

Los Angeles (City), CA 90027
  • $3,400,000
  • STATUS: Active
  • ON SITE: 127 Days
  • ID#: 21764932
UPDATED: 77 min ago
$3,400,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1942
County:

School Ratings & Info

Listing provided courtesy of Michelle St. Clair of Sotheby's International Realty and Joseph Kiralla of

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 California Regional Multiple Listing Service, Inc. as of 2021-12-02T21:29:04.5. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
www.themarellygroup.com/homes/119750176
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4416 Kingswell Avenue Los Angeles (City), CA 90027

  • Price: $3,400,000
  • Status: Active
  • On Site: 127 Days
  • Updated: 77 min ago
  • ID#: 21764932
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1942
Built
Neighborhood:
637 - Los Feliz
County:
Los Angeles
Area:
637 - 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

Architectural Style Contemporary Construction Materials Stucco Direction Faces West Entry Location Ground Level - No Steps Foundation Details Slab Lot Features Back YardFront YardLandscapedRectangular LotYard Number Of Separate Electric Meters 3 Parking Features CoveredDoor-SingleGarageGarage Door OpenerGuestPaved Pool Features None Pool Private YN No Roof Composition Spa Features None Spa YN No

Interior Features

Appliances Built-InDishwasherDisposalGas OvenGas RangeRangeRefrigeratorRange HoodDryerWasher Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Flooring TileWood Heating Central Heating YN Yes Interior Features High CeilingsOpen FloorplanRecessed LightingTandemWalk-In Closet(S) Window Features Custom Covering(S)Double Pane WindowsScreens

Property Features

Garage YN Yes Gross Income 0 Laundry Features InsideLaundry ClosetUpper Level Levels Two Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 204600 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 3 Possession Close Of Escrow Property Condition Updated/Remodeled Rent Control YN Yes Security Features Security Gate Senior Community YN No Sewer Other Special Listing Conditions Standard Tenant Pays GasTrash Collection Zoning Lar2



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-02T21:29:04.5. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
 
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The Marelly Group | Sentry Residential
5256 South Mission Rd, Suite 1006
Bonsall CA, 92003
Listing provided courtesy of Michelle St. Clair of Sotheby's International Realty and Joseph Kiralla of