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954 N Kingsley Dr
Off-Market Call for Pricing
Call for Pricing
- 6 Units
- 8,278 Sq Ft
- 7,681 Sq Ft
- Unknown Cap Rate
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!
Owner
Do you own or manage this property?
This is My PropertyAmenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $3,749,999 |
| Property Type | Multi-Family |
| Usable Sqft | 8,278 |
| Number of Stories | 3 stories |
| Parking Spots | 0 spots |
| Year Built | 2025 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 5537024027 |
| MLS # | 25571141 |
| Property ID | 322019567 |
| Lot Sqft | 7,681 |
| Zoning | LAR3 |
| Total Units | 6 |
| Date Updated | August 05, 2025 |
| Date Created | July 28, 2025 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 4 | 4.00 | $4,400 | $4,700 |
| Unit #2 | 4 | 3.00 | $4,400 | $4,500 |
| Unit #3 | 4 | 3.00 | $4,200 | $4,200 |
| Unit #4 | 3 | 3.50 | $4,000 | $4,200 |
| Unit #5 | 3 | 3.50 | $4,000 | $4,200 |
| Gross Income (Yr) | $ 300,000 |
| Operating Expenses | $ 48,000 |
| Net Income (Yr) | $ 252,000 |
| Cap Rate | 6.72% |
Listing Provided By
Daniel Lalezari an agent of . Lic #01949474
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Robert Crawford
REAL ESTATE AGENT