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1621 N Kingsley Dr 5 Unit Apartment Building $1,382,469 CAD ($276,494 CAD/Unit) Los Angeles, CA 90027
Executive Summary
Located in the vibrant Thai Town neighborhood of East Hollywood, 1621 N Kingsley Dr offers a rare opportunity to acquire a charming bungalow-style multifamily property within the broader Hollywood / Los Feliz rental market area. This five-unit property features a unit mix of all one-bedroom, one-bathroom units, consisting of three freestanding bungalow-style units and a duplex with two units. Each unit is separately metered for gas and electric, and each unit has its own individual water heater.
Recent improvements include new electrical panels, helping reduce future capital expenditure needs while providing an important infrastructure upgrade. With its desirable unit mix, character-rich bungalow layout, and location in a high-demand rental corridor near Hollywood and Los Feliz, the property presents an attractive investment opportunity for buyers seeking long-term growth and strong tenant demand in one of Los Angeles’ most dynamic neighborhoods.
Recent improvements include new electrical panels, helping reduce future capital expenditure needs while providing an important infrastructure upgrade. With its desirable unit mix, character-rich bungalow layout, and location in a high-demand rental corridor near Hollywood and Los Feliz, the property presents an attractive investment opportunity for buyers seeking long-term growth and strong tenant demand in one of Los Angeles’ most dynamic neighborhoods.
Property Facts
| Price | $1,382,469 CAD | Building Class | C |
| Price Per Unit | $276,494 CAD | Lot Size | 0.16 AC |
| Sale Type | Investment | Building Size | 3,078 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1917 |
| Apartment Style | Garden | Parking Ratio | 1.95/1,000 SF |
| Zoning | RD1.5-1XL - Restricted Density Multiple | ||
| Price | $1,382,469 CAD |
| Price Per Unit | $276,494 CAD |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 3,078 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1917 |
| Parking Ratio | 1.95/1,000 SF |
| Zoning | RD1.5-1XL - Restricted Density Multiple |
Amenities
Site Amenities
- Courtyard
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | - | 594 - 648 |
1 1
Very walkable
80/100
Moderately drivable
70/100
Strong public transit
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5544-016-006 | Improvements Assessment | $238,567 CAD |
| Land Assessment | $954,269 CAD | Total Assessment | $1,192,836 CAD |
Property Taxes
Parcel Number
5544-016-006
Land Assessment
$954,269 CAD
Improvements Assessment
$238,567 CAD
Total Assessment
$1,192,836 CAD
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1621 N Kingsley Dr
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