New

$7,600,000

For Sale

14 hours ago

1757 N Kingsley, Los Angeles, CA

Name: 1757 N Kingsley, For Sale in Los Angeles - eXp Realty
Brand: Mike Marcu, Broker
SKU: OC26184407
Price: 7600000 USD

Condo

MLS® OC26184407

0 Bed

0 Bath

27 Parking

Key Facts
Description
Map

Key Facts

Type Apartment

Levels Residential Income

Size -

Garage

HOA Fees

Taxes

Days Active 0

Approx. Age 1968

MLS® Number OC26184407

Property Address: 1757 N Kingsley, Los Angeles, CA, 90027

Average square foot calculated using Size range provided by listing agent.

Description

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, 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.

MLS® NumberOC26184407

Locker

Ensuite Laundry

Balcony

Furnished

Laundry Level

Exposure

Exterior

Garage

Approx. Age1968

Stories2

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

HeatWall Furnace

A/CWall Window Units

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Aug 28, 2026List Date

$7,600,000List Price

Home Appraisal

This property is estimated to sell between: $2,825,000 and $9,988,000.

Similar properties in this area sold on average for: $2,825,000

Expected to sell in 47 days. Similar properties sold in 47 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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