954 N Kingsley Drive, Los Angeles, CA 90029
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
954 N Kingsley Drive,Los Angeles, CA 90029
$3,749,999
- 21 Beds
- 21 Baths
- 8,278 sq. ft.
- Multi-family
- Active
Listed by:daniel lalezari
Office:keller williams hollywood hills
MLS#:25583747
Source:CRMLS
Price summary
- Price:$3,749,999
- Price per sq. ft.:$453.01
About this home
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 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! Buyer to verify all!
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Home facts
- Year built:2025
- Listing ID #:25583747
- Added:64 day(s) ago
- Updated:September 26, 2025 at 10:31 AM
Rooms and interior
- Bedrooms:21
- Total bathrooms:21
- Living area:8,278 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
Structure and exterior
- Year built:2025
- Building area:8,278 sq. ft.
- Lot area:0.18 Acres
Finances and disclosures
- Price:$3,749,999
- Price per sq. ft.:$453.01
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