817 N Kingsley Dr, Los Angeles, Los Angeles County, CA, 90029 Silicon Valley CA US

Fully vacant fourplex in the heart of Hollywood now available!! The projected monthly income is $14,500/month with very low maintenance. Projected cap rate of 6.23%! Opportunity doesn't get any better than this. Extensively remodeled triplex plus a brand new massive 3 beds 2.5 baths ADU in rear with 8 parking spaces on site and separate addresses. Gated property. Total steal in prime Hollywood. Located close distance to Silver Lake, Hollywood Blvd, Paramount Pictures, Melrose and Downtown LA. This one of a kind property features all kind of exterior upgrades such as paved driveway, landscaping, newly installed sprinkler system and new lighting. The front unit is a 3 beds, 2 baths with a completely new kitchen with white shaker cabinets, quartz countertops and all new stainless steel appliances including in unit washer and dryer. All new floors throughout and completely remodeled bathrooms. Unit 2 & 3 are a 2 beds, 1 bath each and have been updated with all new flooring throughout, new appliances, and remodeled bathrooms. The entire exterior building has also been painted and all units offer new windows and stunning new front doors. All units are vacant and you are able to not only get market value for them but also to pick your tenants. The ADU offers everything a brand new construction can offer including solar panels completely paid for, a separate address (815 N Kingsley Dr) and a spacious storage room. Gas and electric separately metered, water runs on one meter. Do not miss out. Call me to schedule a showing now. Find out more about this property. Request details here