Condominium buy in Universal City California

Current ownership will deliver a rent-ready and city approved studio ADU unit, For a total of 27 units. This is a great opportunity for a new investor because this legal unit will be able to provide more loan proceeds and acquire 1757 N Kingsley at a price per unit below the current market average. 1757 N Kingsley has recently undergone a complete exterior renovation which includes a new, modernized paint scheme, new, wood-lined balconies, new, double paned windows, and tasteful landscaping throughout. 22 of the 27 units have undergone interior renovations as well which include high-end finishes, stainless steel appliances, top-of-the-line fixtures and new paint. MLS® ID: OC22147880 Listed: 7/4/22 Updated: 10/4/22 Interior Features Total Bedrooms: 0 Total Bathrooms: 0 Laundry Description: Common Area Exterior/Building Features Lot Size: 0.41 acres lot Lot Details: 16-20 Units/Acre Sewer: Sewer Tap Paid Other Property Details Area Name: C20 - Hollywood HOA Amenities: Urban, Pool Garage: No Parking: Assigned Parking Total: 27.0 View: N County: Los Angeles Water Source: Public Pool: No Pool Description: Community, Gunite Property History Date Event Price Value 9/22/22 Price Change $8,200,000 -2% Listed by Mike Marcu, Mike Marcu, Broker, Based on information from California Regional Multiple Listing Service, Inc. as of 10/4/22. 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.