3937 Kentucky Drive

Los Angeles, CA 90068

$1,988,000
Price
3
Beds
4
Baths
2,300 Sq. Ft.
$864 / Sq. Ft.
2,300
Sq. Ft.
$864
per Sq. Ft.

Description

Perfect investment property - newly remodeled turn-key house behind private gates, with garage, lovely yard, and a detached separate ADU Guest House with kitchen and laundry. Currently creating robust Air BnB revenue stream, the proximity to Universal Studios, Hollywood, and Studio City makes this an ideal location. Easy access to Ventura Blvd, the freeways to get downtown, and nearby Burbank airport. Flexible two-unit structure maximizes options for shorter and longer term lifestyle. Multi level...Perfect investment property - newly remodeled turn-key house behind private gates, with garage, lovely yard, and a detached separate ADU Guest House with kitchen and laundry. Currently creating robust Air BnB revenue stream, the proximity to Universal Studios, Hollywood, and Studio City makes this an ideal location. Easy access to Ventura Blvd, the freeways to get downtown, and nearby Burbank airport. Flexible two-unit structure maximizes options for shorter and longer term lifestyle. Multi level yard enables each house to enjoy their own separate environment, or to rent out to a family that wisely uses (or rents) the separate Guest House for creative office space, gym, or in-laws.
  1. Listed by Craig Knizek • DRE #01377932 • Brokerage DRE #01738973 • The Agency
  2. Listed by John Tashtchian • DRE #01453364 • The Agency

Property Details for 3937 Kentucky Drive

Zoning
LAR1
Style
Bungalow
Parcel Number
2380001033
Total Units
2.0
Living Area
2300
Source Living Area
Owner
Area
Studio City (STUD)
Vacancy Rate
5
LISTING UPDATED: 12/17/2024 09:24 AM

Property Details for 3937 Kentucky Drive

StatusActive
MLS #24-472233
Days on Market4
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1992
Lot Size0.26 AC / 11,253 SF
CountyLos Angeles County

Building Information for 3937 Kentucky Drive

Stories1Residences-Year Built1992Building Size-Lot Size0.26 AC / 11,253 SF

Property Information for 3937 Kentucky Drive

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Other
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: Residential
  • View: Yes
  • View Description: City Lights, Hills
  • View: City Lights, Hills
  • Security Features: Gated
  • Property Condition: Updated/Remodeled
  • Water: District
  • Sewer: In Street
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $120,000
  • Net Operating Income: $97,148.00
  • Gross Income: $10,000
  • Cap Rate: 5.00%
  • Gross Rent Multiplier: $16.50
  • Total Annual Expense: 22852
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Lot Acreage: 0.2583
  • Lot Size Square Feet: 11253
  • Lot Size Dimensions: 75x150
  • Source Lot Size Dimensions: Assessor
Parking Details
Parking Details
  • Parking Garage: Auto Driveway Gate, Controlled Entrance, Direct Entrance, Garage - 2 Car, Driveway, Door Opener
  • Total Parking: 2
  • Garage Spaces Total: 2
  • Parking Features: Auto Driveway Gate, Controlled Entrance, Direct Garage Access, Garage - Two Door, Driveway, Garage Door Opener
Interior Features
Interior Features
  • Room Type: Guest/Maid's Quarters, Living Room
  • Rooms: Guest House, Dining Area, Living Room
  • Levels: One
  • Fireplace Features: Gas, Living Room
  • Fireplace Rooms: Gas, Living Room
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central, Natural Gas
  • Heating Type: Central, Natural Gas
  • Flooring: Tile, Wood
  • Equipment: Dishwasher, Dryer, Freezer, Microwave, Recirculated Exhaust Fan, Range/Oven, Refrigerator, Stackable W/D Hookup, Vented Exhaust Fan, Water Line to Refrigerator
  • Common Walls: Detached/No Common Walls
  • Cooking Appliances: Built-Ins, Microwave, Gas/Electric Range
  • Laundry: Inside, In Closet
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • New Construction: No
  • Other Structures: GuestHouse
Lease Terms
Lease Terms
  • Entry Date: 12-16-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $7,000.00
  • Unit Actual Rent: $7,000.00
  • Unit Projected Rent: $7,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,000.00
  • Unit Actual Rent: $3,000.00
  • Unit Projected Rent: $3,000.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107

Property History for 3937 Kentucky Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 3937 Kentucky Drive

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Rio Vista Elementary School
PublicK to 5

Walter Reed Middle School
Public6 to 8

North Hollywood Senior High School
Public9 to 12

Science Academy STEM Magnet
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3937 Kentucky Drive is a multi-family home for sale in Los Angeles, CA 90068. This property was listed for sale on December 16, 2024 by The Agency, it's currently listed at $1,988,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Rio Vista Elementary School, Walter Reed Middle School and North Hollywood Senior High School. 3937 Kentucky Drive is a 3-bed, 4-bath, 2,300 sqft multi-family home built in 1992.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Agency, Craig Knizek, DRE #01377932; The Agency, John Tashtchian, DRE #01453364

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.