954 N Kingsley Drive
Los Angeles, CA, 90029
$3,999,000
Beds
0 Baths
SqFt
0.18 Acres
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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 &#38' electric, and extreme desirability amongst renters for years to come.

Property Details

Price:
$3,999,000
MLS #:
BB25054164
Status:
Active
Baths:
0
Address:
954 N Kingsley Drive
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
c20hollywood
City:
Los Angeles
Listed Date:
Mar 11, 2025
State:
CA
ZIP:
90029
Lot Size:
7,681 sqft / 0.18 acres (approx)
Year Built:
2025
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Interior

Accessibility Features
None
Appliances
Dishwasher, Electric Oven, Gas Range, Instant Hot Water, Microwave, Refrigerator
Cooling
Central Air
Fireplace Features
None
Heating
Central
Interior Features
Open Floorplan, Recessed Lighting
Window Features
Double Pane Windows

Exterior

Community Features
Sidewalks, Street Lights
Electric
Standard
Exterior Features
Lighting
Garage Spaces
8.00
Lot Features
Landscaped
Parking Features
Garage, Uncovered
Parking Spots
12.00
Pool Features
None
Sewer
Public Sewer
Spa Features
None
Stories Total
3
View
City Lights, Neighborhood
Water Source
Public

Financial

Association Fee
0.00
Taxes
$46,609
Tenant Pays
All Utilities

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Community

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954 N Kingsley Drive
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