3.75% Assumable mortgage! This 8-unit stabilized property offers a prime opportunity to invest in a rapidly growing neighborhood. With 5 recently renovated units, an assumable loan, and potential for further expansion--including ADU (Accessory Dwelling Unit) development--this multifamily asset is a strong addition to any real estate portfolio.
Listed by Nabil Suleiman
·
License #02004196
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Atlas Elm Realty
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(661) 904-1725
Listed by Michael Enriquez
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Atlas Elm Realty
Last updated September 29, 2025
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Source: CRMLS #P1-20616
Listing Facts
TypeMulti-family
NeighborhoodEast Hollywood
Days on Prevu296
Amenities
Parking
Location
Mortgage Calculator
Listing History
10/28/2025
Status changed to Active
$2,600,000
10/22/2025
Status changed to Removed from Feed
$2,600,000
10/17/2025
Status changed to Active
$2,600,000
10/16/2025
Status changed to Removed from Feed
$2,600,000
09/20/2025
Status changed to Active
$2,600,000
09/19/2025
Status changed to Removed from Feed
$2,600,000
09/09/2025
Status changed to Active
$2,600,000
09/09/2025
Price Decreased
$2,600,000
09/08/2025
Status changed to Removed from Feed
$2,800,000
09/07/2025
Status changed to Active
$2,800,000
09/05/2025
Status changed to Removed from Feed
$2,800,000
09/04/2025
Status changed to Active
$2,800,000
09/03/2025
Status changed to Removed from Feed
$2,800,000
08/28/2025
Price Decreased
$2,800,000
08/27/2025
Status changed to Active
$2,900,000
03/27/2025
Status changed to Withdrawn
$2,900,000
01/27/2025
Listed by Atlas Elm Realty
$2,900,000
Property Details for 924 N Kingsley Drive
Association
Amenities
Community Features: Urban
Exterior
Construction
Property Attached: Yes
Stories: 2
Stories Total: 2
Year Built: 1956
Common Walls: 2+ Common Walls,1 Common Wall,End Unit
Measurements
Building Area Total: 6,676
Lot Features: Sprinklers None
Lot Size Acres: 0.22
Lot Size Area: 9,660
Lot Size Source: Assessor
Lot Size Square Feet: 9,660
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 6.0
Gross Income: $216,788.00
Operating Expense: $61,074.00
Taxes
Parcel Number: 5537024020
Other
Location
Subdivision Name: Not Applicable
Parking
Parking
Open Parking Spaces: 8
Parking Features: Asphalt
Parking Total: 8
Utilities
Equipment
Has Cooling: Yes
Has Heating: Yes
Sewer: Public Sewer
Water Source: Public
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.