1847 N Kingsley Dr

We proudly present 1847 N. Kingsley Drive in Los Feliz, an iconic Los Angeles community where both the Observatory & Griffith Park are located. As you walk up the front yard past the palm trees you enter a truly timeless piece of architecture with its aesthetics clearly rooted in the mid-century form. The property houses 2-2BR/1BA, 22-1BA/1BA, 3 studios, & 1 bachelor unit, in a pristine courtyard setting with a beautiful pool for the residents to enjoy. The current owners who have meticulously maintained & renovated the property are entering the next chapter of their lives, & feel it is time to pass this jewel of a property to the next owner who can continue to be its steward. Keeping with their philosophy of repairing & replacing items & systems at the property as the need arose, two years ago they completely replaced the deck structure on the first floor & above the garage & last year completed soft story retrofit requirements. Both projects together approximately cost $300,000 & not only make the property look almost brand new but make it much safer for the tenants to call home. The owners have also replaced the east and south-facing windows on the building. This is truly a trophy property in a prime location with not only a healthy return based on current rents but also a 25% upside potential & a world of future development possibilities.