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Listed by Lauren Cearley • Myunits.com Inc.
$3,799,000
Est. payment /mo
8,278 SqFt
Active
956 North Kingsley Drive Hollywood, CA 90029
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 8,278 sqft
Price per Sqft $458
MLS Listing ID BB-25098054
Style Modern
Year Built 2025
Lot Size 7,681 Sqft
Property Sub-Type Quadruplex
Property Description
956 N Kingsley Dr is a FULLY LEASED, non rent controlled, brand 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 will be delivered fully leased at an annual rent of $300,000, making for stabilized cap rate of 6.55%. TOTAL CASH COW! Don't keep your money in the bank- invest in stable Los Angeles real estate with REAL cash flow. 956 N Kingsley is located in trendy Virgil Village, 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
Area C20 - Hollywood
Zoning LAR3
Interior
Interior Features Open Floorplan, Recessed Lighting
Heating Central
Fireplaces Type None
Laundry Dryer Included, Electric Dryer Hookup, Inside, Washer Hookup, Washer Included
Exterior
Exterior Feature Lighting
Parking Features Garage, Paved, Uncovered
Garage Spaces 8.0
Pool None
Community Features Sidewalks, Street Lights
View Y/N Yes
View City Lights
Building
Lot Description Landscaped, Paved
Sewer Public Sewer