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Listed by Elizabeth Maddox • Myunits.com Inc.
$ 3,899,000
Est. payment | /mo
7,681 Sqft Lot
$ 3,899,000
Est. payment | /mo
7,681 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRBB25054164
Style Contemporary
Originating Board California Regional MLS
Year Built 2025
Lot Size 7,681 Sqft
Property Description
954 N Kingsley Dr, 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 6.36%. TOTAL CASH COW! Don't 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 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
Rooms
Kitchen Dishwasher, Microwave, Oven Range - Gas, Refrigerator, Oven - Electric
Interior
Heating Central Forced Air
Cooling Central AC
Laundry 30, Washer, Dryer, 9
Exterior
Parking Features Garage, Uncovered Parking
Garage Spaces 12.0
Pool 31, None
View Local/Neighborhood, City Lights
Building
Story Three or More Stories
Water Hot Water, District - Public
Architectural Style Contemporary
Others
Tax ID 5537024027
Special Listing Condition Not Applicable
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