Listing provided courtesy of Elizabeth Maddox of Myunits.com Inc.. Last updated 2025-04-19 08:11:36.000000. Listing information © 2024 Sandicor.
Asking Price: $3,899,000 |
954 Kingsley, Los Angeles CA 90029
Community: C20 - Hollywood
This Quadruplex property was built in 2025 and is priced at $3,899,000. Please see the additional details below.
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.