90027 Homes with Apartment Subtype

90027 Homes with Apartment Subtype

Located in the vibrant city of Los Angeles, California, the zip code 90027 offers a diverse range of real estate opportunities. Situated in Los Angeles County, this area is known for its rich cultural heritage, bustling neighborhoods, and a wide array of amenities.

One of the standout features of the 90027 zip code is the availability of homes with the apartment subtype. Whether you are looking for a spacious apartment for yourself or an investment property, this area has options to suit your needs. These homes offer the convenience of apartment living while providing the privacy and comfort of a standalone residence.

With a true apartment subtype, you can expect a variety of features and amenities that cater to modern living. These homes often come equipped with open floor plans, stylish finishes, and access to communal facilities such as fitness centers, swimming pools, and outdoor spaces. Whether you are a young professional, a growing family, or a retiree, the apartment homes in the 90027 zip code offer a flexible and convenient lifestyle.

In addition to the homes themselves, the 90027 zip code boasts a prime location within Los Angeles. Residents can enjoy easy access to a range of dining, shopping, and entertainment options. From trendy cafes and boutiques to world-class museums and theaters, there is always something exciting happening in this vibrant city.

If you are looking for a home with the apartment subtype in a dynamic and thriving location, the 90027 zip code in Los Angeles, California is definitely worth exploring.

Newest 90027 Homes with Apartment Subtype

$7,600,000
OC26184407 MLS Active Status
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.

1757 N Kingsley, Los Angeles

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.