954 N Kingsley Drive,Los Angeles, CA 90029
Los Angeles, CA 90029
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.
Details
| MLS# | BB25054164 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | New Construction |
| Status | Active |
| Year | 2025 |
| Days On Site | 45 |
| Listing Provided By | Myunits.com Inc. 818-859-7242 | Elizabeth Maddox |
Features
| SQ Feet | 8,278 |
|---|---|
| Garage | 8 |
| Story(s) | 2 |
| Units | 6 |
| Building(s) | 3 |
| Zoning | LAR3 |
| Acreage | 0.18 |
| Property View | Yes |
Market Activity 90029
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90029 |
| Area | C20 Hollywood |
| Listing VS Median (in 90029) | |
Price: $3,899,000 low | high Med: $1,020,000 SqFt: 8,278 low | high Med: 1,330 $ / SqFt: $471 low | high Med: $767 On site: 45 low | high Med: 36.000000 | |