CA > Los Angeles
Los Angeles, CA 90029,954 N Kingsley DR
Los Angeles, CA 90029,954 N Kingsley DR
Los Angeles, CA 90029,954 N Kingsley DR
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$3,749,999
Est. payment /mo
21 Beds
21 Baths
8,278 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 8,278 sqft

Price per Sqft $453

MLS Listing ID 25571141

Bedrooms 21

HOA Y/N No

Year Built 2025

Lot Size 7,679 Sqft

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 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!

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning LAR3

Interior

Heating Central

Cooling Central Air

Fireplace No

Appliance Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer

Exterior

Parking Features Assigned, Door-Multi, Garage, Private

Community Features Gated

Total Parking Spaces 12

Building

Story 3

Entry Level Three Or More

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 5537024027

Security Features Gated Community

Special Listing Condition Standard

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CRMLS – RECore
Listed by Daniel Lalezari Keller Williams Hollywood Hills

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