954 N Kingsley DR new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90029
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB25054164
HOA Y/N No
Year Built 2025
Annual Tax Amount $46,609
Lot Size 7,679 Sqft
Property Sub-Type Quadruplex
Property Description
954 N Kingsley Dr is a FULLY LEASED, non rent controlled, brand new construction 6-unit with the most impressive unit mix you'll 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 6.08%. TOTAL CASH COW! Don't keep your money in the bank- invest in stable Los Angeles real estate with REAL cash flow.
956 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 builder's 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 C20 - Hollywood
Zoning LAR3
Interior
Interior Features Open Floorplan,Recessed Lighting,Instant Hot Water
Heating Central
Cooling Central Air
Fireplaces Type None
Fireplace No
Appliance Dishwasher,Electric Oven,Gas Range,Microwave,Refrigerator,Dryer,Washer
Laundry Washer Hookup,Electric Dryer Hookup
Exterior
Exterior Feature Lighting
Parking Features Garage,Uncovered
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Street Lights,Sidewalks
View Y/N Yes
View City Lights,Neighborhood
Accessibility None
Total Parking Spaces 12
Private Pool No
Building
Lot Description Landscaped
Story 3
Entry Level Two,Three Or More
Sewer Public Sewer
Water Public
Architectural Style Modern
Level or Stories Two,Three Or More
New Construction Yes
Others
Senior Community No
Tax ID 5537024027
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
Virtual Tour https://www.myunits.com/buy/954kingsley