NOT LISTED FOR SALE

1114 N Kings Rd West Hollywood, CA 90069

12 Beds
12 Baths
9,044 Sq Ft
8,277 Sq Ft Lot

Last Sold May 11, 2023

Last sale price $3,525,000 $390 Per Sq Ft

92 Days on Market

Highlights

  • Balcony
  • Central Heating and Cooling System
  • Fenced
  • Built-In Features
  • West Facing Home
  • 3-minute walk to Kings Road Park

About This Home

As of May 2023

Motivated Seller! 12 units income property in the heart of West Hollywood located north of Santa Monica Blvd. The building consists of 12 one-bedroom units and 18 parking stalls on the ground level. Two of those units were beautifully upgraded which shows opportunity this property could provide. The upgraded units have a stunning built-in, gas-powered glass fire place, hardwood floors, stainless steel appliances, in-unit washer/dryer, recessed lighting, Caesar stone counters/breakfast bar and built-in home entertainment features. Central AC/Heating is controlled by the smart-phone enabled NEST thermostat. Superb location! Walking distance to various cafes, nightlife, shopping, and entertainment in West Hollywood.

Last Agent to Sell the Property

Keiko Yamagishi

Keller Williams Beverly Hills License #02079713 Listed on: 11/21/2022

Keller Williams Beverly Hills

Co-Listed By

Lilian Soares-Macieira

Keller Williams Beverly Hills License #01906940

Last Buyer's Agent

Jared Levine

Keller Williams Realty Calabasas License #01804008

Keller Williams Realty Calabasas

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • 8,277 Sq Ft Lot
  • Lot Dimensions are 50x162
  • West Facing Home
  • Fenced

Home Design

  • Fixer Upper
  • Stucco

Interior Spaces

  • 9,044 Sq Ft Home
  • 2-Story Property
  • Built-In Features

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 18 Parking Spaces
  • Assigned Parking

Additional Features

  • Balcony
  • Central Heating and Cooling System

Community Details

  • 12 Units
  • Laundry Facilities
  • Vacancy Allowance $5,234

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for water
  • Assessor Parcel Number 5554-025-016

Property Details

Home Type

Multi-Family

Year Built

Built in 1972 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Entry Location: Main Level
  • Living Area: 9044
  • Lot Acreage: 0.1900
  • Lot Dimensions: 50x162
  • Property Condition: Updated/Remodeled, Fixer
  • Stories: 2
  • Year Built: 1972
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Common Walls: Attached
  • Laundry: In Unit, Community
  • Laundry Equipment: Own
  • Total Bathrooms: 12.00
  • Equipment: Dryer, Dishwasher, Freezer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer, Built-Ins
  • Price Per S Q F T: 475.45

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Other Features: Balcony
  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 18

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 30.02
  • Assessed Improvement Value: 1319880
  • Assessed Land Percent: 69.98
  • Assessed Land Value: 3077219
  • Total Assessed Value: 4397099
  • Assessor Parcel Number: 5554-025-016
  • Lot Description: Single Lot, Fenced
  • Lot Size Area: 8277

Rental Info

  • Total Actual Rent: 21631.69
  • Owner Pays: Water
  • Tenant Pays: Gas, Electricity, Cable TV

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115, 2116, 2117
  • Gross Rent Multiplier: 19.00
  • Number Of Units: 12
  • Total Annual Expense: 109685
  • Type Of Units: One Bedroom
  • Vacancy Allow: 5234
  • Vacancy Allow Percent: 2.00
  • Vacancy Rate: 0

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2023 05/11/23 Sold $3,525,000 -18.0% $390 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
01/03/2023 01/03/23 Price Changed $4,300,000 -10.0% $475 / Sq Ft
11/21/2022 11/21/22 For Sale $4,780,000 +16.6% $529 / Sq Ft
01/03/2018 01/03/18 Sold $4,101,000 +1.3% $453 / Sq Ft
10/02/2017 10/02/17 Pending -- -- --
08/08/2017 08/08/17 For Sale $4,050,000 -- $448 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 22-217471

The MLS