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4416 Kingswell Ave, Los Angeles, CA 90027

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For Sale

$3,198,000

9 beds • 4,531 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $705.80
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

High revenue producing Income property with strong rental profile and low operating costs. Situated in a high demand neighborhood with immediate access to Los Feliz Village; shopping, eateries. and services. Unique opportunity to purchase a building that will be receiving high market rent. The last unit is currently listed for lease (lease price $6490.00) and will be available for occupancy after 01 July. The front unit, which is shown in photos and has a private enclosed patio, will be vacant starting on 01 August and the lease price will be $6380.00. In 2017 this building 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 a quiet residential street. Difficult to find a similar property with only 3 units that generates $18,600.00 monthly. Building suits the needs of owner/user practicality or individuals needing a strong 1031 fulfillment. 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 residential income checklist of location, proof of strong rental stability and easy maintenance.
MLS# 25547659

Courtesy Of sotheby's international realty

(323) 665-1700

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Oven - Gas, Range
  • Architecture Style
    Contemporary
  • Exterior Type
    Stucco
  • Floor Covering
    Hardwood, Tile
  • Lot Size
    0.16 Acres
  • Rooms
    Living Room

Map and Directions

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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