1211 N Kingsley DR

HOLLYWOOD, CA, 90029

$1,575,000

$1,575,000
Active
Active
 - For Sale
property_type
Land
1211 N Kingsley Dr is a large (7,821 square foot) LARD1.5 lot in highly walkable East Hollywood, moments to the Sunset Target, Netflix, and the many other studios & neighborhood hotspots nearby. This property will be delivered with RTI plans for a 5-unit (REAL 5-unit, NO ADU s) made up of a 4b/4b SFR, two 4b/4.5 townhome-style units, and two 4b/4b townhome-style units. This SB-8 EXEMPT project (ultra-rare!) comes with HIGHLY desirable, strategically designed plans that will be impressive to both future tenants and future buyers. Upon completion of the construction, we project an exit price of $3,995,000- making for an estimated profit of $777,950. Build and sell or build and hold with a projected monthly rent of $23,200! You can t go wrong. In terms of location, 1211 N Kingsley Dr is situated in prime East Hollywood, a 7 minute walk to Sunset Blvd, which is home to a combination of trendy local shops and restaurants, as well as convenient chain stores, entertainment studios, and offices. This rapidly gentrifying neighborhood is known for attracting young hipster tenants and families who enjoy the close proximity to Hollywood, Silver Lake, Virgil Village, and most importantly- all the employment opportunities nearby!
MLS® ID:
BB23014075MR
Listed:
1/26/23
Updated:
3/22/23

Exterior/Building Features

Lot Size
7,821 ft² lot
Sewer
Public Sewer

Other Property Details

Garage
No
Parking
N
View
Y
County
Los Angeles
Water Source
Public
Pool
No
Zoning
LARD1.5

Property History

Date
Event
Price
Value
2/21/23
Price Change
$1,575,000
-1%

Courtesy of The 2-4 Unit Specialists, Elizabeth Maddox,
Listing Contact:  

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Eve Capital shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2023 Combined L.A./Westside MLS. All rights reserved.

Data last updated 3/22/23

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