954 Kingsley Drive, Los Angeles, CA 90029
  • MLS#: BB25054164 ( Quadruplex )
  • Street Address: 954 Kingsley Drive
  • Viewed: 4
  • Price: $3,899,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2025
  • Bldg sqft: 0
  • Days On Market: 46
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90029
  • Provided by: Myunits.com Inc.
  • Contact: Elizabeth Elizabeth
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    954 N Kingsley Dr, a FULLY LEASED, non rent controlled, brand new construction 6 unit with the most impressive unit mix youll 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! Dont 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 builders warranty, brand new EVERYTHING, little to no maintenance, separate meters for gas, water & electric, and extreme desirability amongst renters for years to come.
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Features
Accessibility Features
  1. None
Appliances
  1. Dishwasher
  2. Electric Oven
  3. Gas Range
  4. Instant Hot Water
  5. Microwave
  6. Refrigerator
Architectural Style
  1. Modern
Association Fee
  1. 0.00
Building Area Total
  1. 8278.00
Commoninterest
  1. None
Common Walls
  1. No Common Walls
Cooling
  1. Central Air
Country
  1. US
Days On Market
  1. 56
Electric
  1. Standard
Electric Expense
  1. 0.00
Entry Location
  1. Ground level
Fireplace Features
  1. None
Fuel Expense
  1. 0.00
Garage Spaces
  1. 8.00
Heating
  1. Central
Insurance Expense
  1. 3725.00
Interior Features
  1. Open Floorplan
  2. Recessed Lighting
Laundry Features
  1. Dryer Included
  2. Electric Dryer Hookup
  3. Washer Hookup
  4. Washer Included
Levels
  1. Two
  2. Three Or More
Lot Features
  1. Landscaped
Netoperatingincome
  1. 247831.00
Newtaxesexpense
  1. 45444.00
Parcel Number
  1. 5537024027
Parking Features
  1. Garage
  2. Uncovered
Pool Features
  1. None
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Quadruplex
Road Frontage Type
  1. City Street
Road Surface Type
  1. Paved
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 433930415:CRM
Spa Features
  1. None
Tenant Pays
  1. All Utilities
Totalactualrent
  1. 25000.00
Totalexpenses
  1. 49169.00
Trash Expense
  1. 0.00
Uncovered Spaces
  1. 4.00
Vacancyallowance
  1. 3000
View
  1. City Lights
  2. Neighborhood
Water Sewer Expense
  1. 0.00
Water Source
  1. Public
Window Features
  1. Double Pane Windows
Year Built
  1. 2025
Year Built Source
  1. Builder
Zoning
  1. LAR3