Property Description
Incredible opportunity in a prime Los Feliz adjacent location. Large property of close to 12,000 SF of land, offers many opportunities. There are currently 8 units spread over 3 bungalow style structures with 8 on site parking spaces. With a current cap rate of 5.89% and approximately 42% upside in existing rents, offering a cap rate of 9.4% at market rents. The large lot has potential for up to 6 ADUs or more, which would raise the cap rate to above 10%! Tenants pay their own trash, keeping expenses low. The large lot, zoned LAR3 also offers potential for ground up development.
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$51,444
TurboHome Estimated Value
$2,602,300
$470 sqft
High Valuation
$2,732,415
$494/sqft
Normal Valuation
$2,602,300
$470/sqft
Low Valuation
$2,472,185
$447/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $470/sqft | $2,602,300 |
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood: Los Feliz
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Comparative Value
$1.77M
$2.10M
$2.15M
1811 N Kingsley Dr, Los Angeles, CA 90027
List Price: $1,775,000
Subject Property
1613 Hillhurst Ave, Los Angeles, CA 90027
Sale Price: $2,100,000
Selected Comparable
3845 Tracy St, Los Angeles, CA 90027
Sale Price: $2,150,000
Selected Comparable
Neighborhood Comps
Subject Property
SUBJECT1811 N Kingsley Dr, Los Angeles, CA 90027
List: $1,775,000
Listed: 5/15/2025
Area:5,532 sqft
Price/sqft:$321
Beds:8
Baths:8
Year Built:—
Lot Size:11,616
Comparable Properties
COMPARABLEChoose comps
3845 Tracy St, Los Angeles, CA 90027
Sale: $2,150,000
7/28/2025 • 1.60 mi
Area:4,962 sqft
Price/sqft:$433
Beds:8
Baths:7
Year Built:—
Weight:50.3%
1613 Hillhurst Ave, Los Angeles, CA 90027
Sale: $2,100,000
11/18/2024 • 0.96 mi
Area:4,418 sqft
Price/sqft:$475
Beds:8
Baths:8
Year Built:—
Weight:49.7%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
1811 N Kingsley Dr, Los Angeles, CA 90027 | $1,775,000 | 5,532 | $321 | 11,616 | — | 5/15/2025 | 8 | 8 | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
3845 Tracy St, Los Angeles, CA 90027 | $2,150,000 | 4,962 | $433 | 8,095 | 1.60 mi | 7/28/2025 | 8 | 7 | — | 50.3% | |
1613 Hillhurst Ave, Los Angeles, CA 90027 | $2,100,000 | 4,418 | $475 | 7,329 | 0.96 mi | 11/18/2024 | 8 | 8 | — | 49.7% |
Nearby Listings
18 similar properties within 5 miles

List Price: $1,995,000
4530 Kingswell Ave, Los Angeles, CA 90027
7 bd 7 ba 2,199 sqft
TurboHome Est. Value:
$1,953,500

List Price: $1,895,000
1428 N Kenmore Ave, Los Angeles, CA 90027
8 bd 8 ba 3,034 sqft
TurboHome Est. Value:
$1,905,100

List Price: $1,495,000
1151 N Kingsley Dr, Los Angeles, CA 90029
8 bd 8 ba 7,358 sqft
TurboHome Est. Value:
$1,930,100
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