1757 N Kingsley, Los Angeles, CA 90027
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
1757 N Kingsley,Los Angeles, CA 90027
$7,600,000
- 3 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: mike marcu
Office: mike marcu, broker
MLS#:OC26184407
Source:San Diego MLS via CRMLS
Price summary
- Price:$7,600,000
About this home
The Mogharebi Group is pleased to present the exclusive offering of 1757 N Kingsley Drive, a 27-unit multifamily investment opportunity strategically located at the intersection of Hollywood, Los Feliz and East Hollywood. The property is offered at $7,600,000 and consists of approximately 13,168 rentable square feet on a 0.42-acre lot. Built in 1968, the property features a desirable unit mix heavily weighted toward one-bedroom apartments. The unit mix consists of 20 one-bedroom/one-bath units, six studios and one two-bedroom/one-bath unit. The property is well maintained and partially renovated, with select interiors featuring quartz countertops, stainless steel appliances, designer backsplashes, laminate/hardwood flooring, double-pane windows and modern finishes. The property's earthquake/seismic retrofit has been completed, providing a significant capital improvement for the next owner. Community amenities include a swimming pool and spa, outdoor BBQ/picnic area, controlled-access entry, on-site laundry and 27 parking spaces, providing a 1:1 parking ratio. At the asking price, the offering reflects a 5.32% current/pro forma capitalization rate with approximately 9.8% loss-to-lease, providing an investor with meaningful potential to increase NOI as rents are recaptured. The property was reported at 100% occupancy in the offering financials. The location provides excellent access to the Hollywood/Western Metro station, the 101 and 5 Freeways and major employment and entertainment centers. Nearby employers and institutions include Netflix, Paramount, CBS, Capitol Records, S...
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Home facts
- Listing ID #:OC26184407
- Added:30 day(s) ago
- Updated:September 28, 2026 at 02:27 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:4
Heating and cooling
- Cooling:Wall/Window
Finances and disclosures
- Price:$7,600,000
Features and amenities
- Pool features:Community/Common
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