Active

956 N Kingsley DR

HOLLYWOOD CA, 90029

$3,999,000


$483.09 per sqft

Active

21 Beds

22 Baths

8,278 sqft

Multi-family

Built in 2025

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.

BB25026849MR

MLS ID

February 5, 2025

Listed

February 12, 2025

Updated

Interior Features

Total Stories

3


Bedrooms

21


Total Bathrooms

22


Appliances

Dishwasher, Dryer, Dryer Included, Electric Dryer Hookup, Hookup - Electric, Inside, Microwave, Refrigerator, Washer, Washer Hookup, Washer Included


Laundry Description

Dryer, Dryer Included, Electric Dryer Hookup, Hookup - Electric, Inside, Washer, Washer Hookup, Washer Included


Fireplace

No


Fireplace Description

None


Cooling

Yes


Cooling Description

Central


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.18 Acres


Architectural Style

Modern


Sewer

Public Sewer


Window

Double Pane Windows

Other Property Details

Area Name

Hollywood


Taxes

$47,964


Tax Frequency

Annually


Garage

Yes


Garage Spaces

8


Parking

Garage, Uncovered


Parking Total

12


View

Yes


View Description

City Lights


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

LAR3

Listed by Elizabeth Maddox with Myunits.com Inc.
Listing Contact: 818-850-8485 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Barrentine Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2025 Combined L.A./Westside MLS. All rights reserved.

Data last updated 2/12/2025

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