Listing provided courtesy of Shaya Lowenstein of Lyon Stahl Investment Real Estate, Inc.. Last updated 2025-09-25 08:12:06.000000. Listing information © 2025 Sandicor.
Asking Price: $1,775,000 |
1811 Kingsley, Los Angeles CA 90027
Community: C20 - Hollywood
This property was built in 1924 and is priced at $1,775,000. Please see the additional details below.
Incredible opportunity in a prime Los Feliz adjacent location. Large property of close to 12,000 SF of land, offers many opportunities. There are currently 8 units spread over 3 bungalow style structures with 8 on site parking spaces. With a current cap rate of 5.89% and approximately 42% upside in existing rents, offering a cap rate of 9.4% at market rents. The large lot has potential for up to 6 ADUs or more, which would raise the cap rate to above 10%! Tenants pay their own trash, keeping expenses low. The large lot, zoned LAR3 also offers potential for ground up development.
