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1757 N Kingsley

Los Angeles, CA 90027
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Bed 3

Bed

Bath 4

Bath

SqFt18,102

Sqft(Lot)

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 eart hquake/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, Sunset Bronson Studios, KTLA and LA DWP, while Target, Ralphs, Starbucks, Chase Bank and other daily amenities are within the surrounding walkable neighborhood. 1757 N Kingsley Drive offers investors the opportunity to acquire a well-located Hollywood multifamily asset combining existing cash flow, rental upside, completed seismic improvements, a strong unit mix and long-term investment fundamentals in one of Los Angeles' most established rental submarkets.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $7,600,000

AD Id : 90852878

MLS Id : OC26184407

Beds : 3

Lot Size : 18,102 Sqft

Year Built : 1968

County : Los Angeles

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Feature Features

  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Has Cooling: Yes Cooling: WallWindowUnits

  • Building Information

    Year Built: 1968
    Building Area Total: 13168
    Pool Features: Community, Fenced
    Private Pool: No

  • Lot Information

    Main Square Feet: 18102 Lot Size Acres: 0.4156 Lot Size Source: Assessor Lot Size Square Feet: 18,102 Lot Description: Over40UnitsAcre

  • Listing Price Information

    Listing Price: $7600000
    Cash, CashToNewLoan

  • Tax Information

    Parcel Number: 5544010028 Tax Lot: 12

  • Utility Information

    SewerConnected
  • Location Information

    Direction: Hollywood blvd to Kingsley north WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
5433 Harold Way, Los Angeles, CA, 90027 $2,800,000 1 12 -- 9,104 Sqft

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ByOwner last updated this listing 09/02/2026 @ 17:26

MLS: OC26184407 LISTED BY: Mike Marcu, Mike Marcu, Broker 909-371-1322 SOURCE: CRMLS

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