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3916-3920 Kentucky Dr
Los Angeles, CA 90068

$3,100,000 USD

Apartments For Sale • 6,772 SF

Property Details

Property Type Apartments
Total Building Size 6,772 SF
Lot Size 0.28 AC
Building Class C
Year Built 1958
Cap Rate 4.82 %
Zoning RD1.5, Los Angeles

54 Transit Score

72 Walk Score

                
                    Highlights
                
                                Exceptional Market Fundamentals | 2024 Average Home Value of $1,481,205 and 2024 Average Household Income of $159,572
                            
                                Excellent Studio City Location | Immediately Adjacent to Universal Studios, Universal City Walk Hollywood, and 101 Freeway 
                            
                                ADU Opportunity | Potential Ability to Build 4 Units (To be Verified by Buyer)
                            
                                All One-Bedroom Units | 12 One-Bedroom/One-Bathroom Units
                            
                                ±6,772 Sf Building Size on 12,170 Sf Lot
                            
                                Current Rents ±34% Under Market

Financial Summary (Actual)

Net Operating Income: $149,321 USD (2023)

Cap Rate:	4.82 %
Total Expenses:	$91,555 USD

Amenities

24 Hour Access
Air Conditioning
Controlled Access
Laundry Facilities
Tenant Controlled HVAC
Gated
Heating
Gas Range
Ceiling Fans
Tile Floors
Granite Countertops
Hardwood Floors
Refrigerator
Oven
Range
Intercom
Individual Locking Bedrooms

Public Transportation

Commuter Rail	Drive	Walk	Distance
Burbank-Bob Hope Airport (Ventura County Line - Southern California Regional Rail Authority (Metrolink))	10 min	-	4.9 mi
Downtown Burbank (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	10 min	-	4.9 mi
Transit/Subway	Drive	Walk	Distance
Universal City/Studio City (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro))	1 min	5 min	0.3 mi
Airport	Drive	Walk	Distance
Bob Hope	10 min	-	5.3 mi
Los Angeles International	33 min	-	16.6 mi
Long Beach (Daugherty Field)	44 min	-	32.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	12
Type:	Surface
Included in Rent:	Yes

Priscilla Nee 310-550-2508 CBRE, Inc.

3916-3920 Kentucky Dr Los Angeles, CA 90068