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$ 3,899,000
Est. payment /mo
Price Dropped by $100K
954 N Kingsley Drive Los Angeles, CA 90029
15 Beds
14 Baths
7,681 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB25054164
Bedrooms 15
HOA Y/N No
Lot Size 7,681 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
954 N Kingsley Dr, a FULLY LEASED, non rent controlled, brand new construction 6-unit with the most impressive unit mix youll find! With three 4 bedroom units and three 3 bedroom units, this gorgeous 2025 construction will be delivered fully leased at an annual rent of $300,000, making for stabilized cap rate of 6.36%. TOTAL CASH COW! Dont keep your money in the bank- invest in stable Los Angeles real estate with REAL cash flow. 954 N Kingsley is located in trendy Melrose Hill, minutes from the heart of Hollywood, Los Feliz, Larchmont Village and Silver Lake! Walk down the street to countless neighborhood destinations on both Melrose and Santa Monica Blvd. You will find noteworthy features including, but not limited to: bedrooms with en-suite bathrooms, high ceilings, open floor plan living room/kitchen areas, huge walk in closets, balconies, large windows allowing for maximum light, built in storage throughout, designer tiles, modern cabinets, natural wood water proof vinyl, and more. In addition to the unbeatable return and massive units, buyers will enjoy other notable perks including: a 1-year builders warranty, brand new EVERYTHING, little to no maintenance, separate meters for gas, water & electric, and extreme desirability amongst renters for years to come.
954 N Kingsley Dr, a FULLY LEASED, non rent controlled, brand new construction 6-unit with the most impressive unit mix youll find! With three 4 bedroom units and three 3 bedroom units, this gorgeous 2025 construction will be delivered fully leased at an annual rent of $300,000, making for stabilized cap rate of 6.36%. TOTAL CASH COW! Dont keep your money in the bank- invest in stable Los Angeles real estate with REAL cash flow. 954 N Kingsley is located in trendy Melrose Hill, minutes from the heart of Hollywood, Los Feliz, Larchmont Village and Silver Lake! Walk down the street to countless neighborhood destinations on both Melrose and Santa Monica Blvd. You will find noteworthy features including, but not limited to: bedrooms with en-suite bathrooms, high ceilings, open floor plan living room/kitchen areas, huge walk in closets, balconies, large windows allowing for maximum light, built in storage throughout, designer tiles, modern cabinets, natural wood water proof vinyl, and more. In addition to the unbeatable return and massive units, buyers will enjoy other notable perks including: a 1-year builders warranty, brand new EVERYTHING, little to no maintenance, separate meters for gas, water & electric, and extreme desirability amongst renters for years to come.
954 N Kingsley Dr, a FULLY LEASED, non rent controlled, brand new construction 6-unit with the most impressive unit mix youll find! With three 4 bedroom units and three 3 bedroom units, this gorgeous 2025 construction will be delivered fully leased at an annual rent of $300,000, making for stabilized cap rate of 6.36%. TOTAL CASH COW! Dont keep your money in the bank- invest in stable Los Angeles real estate with REAL cash flow. 954 N Kingsley is located in trendy Melrose Hill, minutes from the heart of Hollywood, Los Feliz, Larchmont Village and Silver Lake! Walk down the street to countless neighborhood destinations on both Melrose and Santa Monica Blvd. You will find noteworthy features including, but not limited to: bedrooms with en-suite bathrooms, high ceilings, open floor plan living room/kitchen areas, huge walk in closets, balconies, large windows allowing for maximum light, built in storage throughout, designer tiles, modern cabinets, natural wood water proof vinyl, and more. In addition to the unbeatable return and massive units, buyers will enjoy other notable perks including: a 1-year builders warranty, brand new EVERYTHING, little to no maintenance, separate meters for gas, water & electric, and extreme desirability amongst renters for years to come.
Location
State CA
County Los Angeles
Area Los Angeles (90029)
Zoning Builder
Interior
Cooling Central Forced Air
Building
Lot Description Sidewalks
Story 3
Lot Size Range 7500-10889 SF
Level or Stories 2 Story
Others
Space Rent $4,167
Virtual Tour https://www.myunits.com/buy/954kingsley
Listed by Elizabeth Maddox • Myunits.com Inc.