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Listed by Elizabeth Maddox • Myunits.com Inc.
$3,999,000
Est. payment /mo
8,278 SqFt
New
956 N Kingsley Drive Hollywood (los Angeles), CA 90029
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UPDATED:
02/08/2025 08:53 AM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 8,278 sqft
Price per Sqft $483
MLS Listing ID CRBB25026849
HOA Y/N No
Originating Board Datashare California Regional
Year Built 2025
Lot Size 7,681 Sqft
Property Description
956 N Kingsley Dr. is a massive NON RENT-CONTROLLED 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 is predicted to bring in an annual rent of $309,600, making for a pro forma cap rate of 5.90%. TOTAL CASH COW! Don’t keep your money in the bank- invest in stable Los Angeles real estate with high cash flow. 956 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.
Location
State CA
County Los Angeles
Interior
Heating Other
Cooling Central Air
Fireplace No
Appliance Dryer
Laundry Dryer, Washer, Other, Inside
Exterior
View City Lights, Other
Building
Lot Description Other, Paved
Water Public
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