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.
Property Details
Price:
$3,198,000
MLS #:
25547659
Status:
Active
Baths:
0
Address:
4416 KINGSWELL Avenue
Type:
Residential Income
Neighborhood:
637losfeliz
City:
Los Angeles
Listed Date:
Jun 5, 2025
State:
CA
ZIP:
90027
Lot Size:
6,756 sqft / 0.16 acres (approx)
Year Built:
1942
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Schools
Interior
Appliances
Dishwasher, Disposal, Refrigerator, Gas Range, Gas Oven, Range, Range Hood, Built- In
Cooling
Central Air
Fireplace Features
None
Flooring
Wood, Tile
Heating
Central
Interior Features
Open Floorplan, High Ceilings, Recessed Lighting, Tandem
Window Features
Double Pane Windows, Custom Covering, Screens
Exterior
Exterior Features
Rain Gutters
Foundation Details
Slab
Lot Features
Back Yard, Yard, Rectangular Lot, Landscaped, Front Yard
Parking Features
Garage – Single Door, Covered, Guest, Garage Door Opener, Paved
Parking Spots
4.00
Pool Features
None
Roof
Composition
Security Features
Automatic Gate
Sewer
Other
Spa Features
None
Stories Total
2
Financial
Tenant Pays
Trash Collection, Gas
Map
Community
- Address4416 KINGSWELL Avenue Los Angeles CA
- Area637 – Los Feliz
- CityLos Angeles
- CountyLos Angeles
- Zip Code90027
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4416 KINGSWELL Avenue
Los Angeles, CA
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