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$ 3,749,000
Est. payment /mo
New
954 N Kingsley DR Los Angeles, CA 90029
21 Beds
21 Baths
8,278 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 8,278 sqft
Price per Sqft $452
MLS Listing ID 25556713
Bedrooms 21
HOA Y/N No
Year Built 2025
Lot Size 7,679 Sqft
Property Description
Welcome to 954 N Kingsley- A Modern Brand New 2025 Construction non rent control 6-unit building that is 100% FULLY LEASED, with a gross income of $300,000 and an unheard of cap rate of 6.72% in Hollywood. This luxury complex is comprised of three duplexes, (3) three bedroom units and (3) four bedroom units-a great even mix of bedroom counts. 954 N KINGSLEY is located minutes from Larchmont, Los Feliz, Silverlake, and Melrose. Each unit has beautiful oak color vinyl flooring with a ton of natural light and additional recessed lights in all units. All units have brand new stainless steel appliances, washer, dryer and designer glossy kitchen cabinets with white calcatta quartz countertops some feature islands with beautiful waterfalls edges, designer bathroom tiles, balconies, and Central A/C & Heating. The units consists of 12 total parking spaces, including covered garages and carport spaces. Each unit is separately metered for utilities. Buyer will enjoy a 1 year buildings warranty building with low maintenance and very low expenses. Some of the units have beautiful views of the Griffith observatory Hollywood sign and Hollywood Hills. THERE IS AN APPRAISAL REPORT FOR $4,175,000!! All investors will enjoy the benefits of this stable asset with equity earned right away. Comps nearby sold similar 4plex for $3,685,000 making this building very attractive and rare to find!
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LAR3
Interior
Heating Central
Cooling Central Air
Fireplace No
Appliance Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Exterior
Parking Features Assigned, Door-Multi, Garage, Private
Community Features Gated
Total Parking Spaces 12
Building
Story 3
Entry Level Three Or More
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 5537024027
Security Features Gated Community
Special Listing Condition Standard
Listed by Daniel Lalezari Keller Williams Hollywood Hills