954 N Kingsley Drive Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90029
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 8,278 sqft
Price per Sqft $453
MLS Listing ID CL25571141
Year Built 2025
Lot Size 7,681 Sqft
Property Sub-Type Other
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!! In addition, there is an opportunity to add ADUS to get additional units. All investors will enjoy t
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Other
Cooling Central Air
Laundry Dryer,Washer
Building
New Construction No