Los Angeles, CA 90068 3916 Kentucky Drive
$3,100,000
15 more
Presented By: Priscilla Nee with CB Richard Ellis, Inc.;
Home Details
Constructed in 1958 on a 12,170 square foot double lot, 3916-3920 Kentucky Drive is a 12-unit multifamily property comprised of two six-unit buildings with a total building size of 6,772 square feet. The property is separately metered for gas and electric, is serviced by two central water heaters, and offers new landscaping, controlled intercom entry, an on-site laundry facility, and 12 uncovered parking spaces. 3916-3920 Kentucky Drive boasts an ideal unit mix of all one-bedroom/one-bathroom units. Units offer hardwood and tile flooring, gas stoves, refrigerators, ceiling fans, and wall units for heating and cooling. Further, 3916-3920 Kentucky Drive offers additional value-add potential via the undeveloped hillside at the rear of the property which may accommodate up to 4 ADUs (buyer to verify).
Presented By: Priscilla Nee with CB Richard Ellis, Inc.;
Interior Features for 3916 Kentucky Drive
Bedrooms
Total Bedrooms12
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths12
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NYes
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringTile, Wood
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories2
General for 3916 Kentucky Drive
Additional Parcels Y/NYes
AppliancesRange, Refrigerator
Attached Garage No
Cap Rate4.82
Carport Y/NNo
CityLos Angeles
Community FeaturesGated
Construction MaterialsFrame, Stucco, WoodSiding
CoolingWallWindowUnits
CountyLos Angeles
Days on Market
DirectionsLocated south of Ventura Boulevard and east of Lankershim Boulevard.
Entry LocationGround Level w/steps
Full Baths
Garage Y/NNo
Gross Income246504.0
HeatingWallFurnace
High School DistrictLos Angeles Unified
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense6772.0
Interior FeaturesCeilingFans
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet12170.0
Lot Size UnitsSquareFeet
MLS AreaC03 - Sunset Strip - Hollywood Hills West
MaintenanceExpense7200.0
MobileHomeRemainsYNNo
Net Operating Income149320.0
New ConstructionNo
NumberOfUnitsTotal12
Open Parking Spaces12.0
Pool FeaturesNone
Private PoolNo
Property TypeResidentialIncome
Rent Control Y/NNo
RoofOther
Security FeaturesGatedCommunity, KeyCardEntry
Senior Community Y/NNo
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Taxes$39,197
Tenant PaysElectricity, Gas
Trash Expense3742.0
View Y/NNo
Waterfront Y/NNo
Year Built1958
Year Built SourceAssessor
ZoningLARD1.5
Exterior for 3916 Kentucky Drive
Building Area Total6772.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.2794
Lot Size Area12170.0
Lot Size SourceAssessor
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesUncovered
SpaNo
Total Parking12.0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480