956 N Kingsley Drive
Hollywood, CA 90029
Active for $3,999,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 7,681 sqft
| MLS | BB25026849 |
| Year Built | 2025 |
| Property Type | Apartment |
| County | Los Angeles |
| Status | Active |
| Active | $3,999,000 |
| Structure Size | N/A sqft |
| Lot Size | 7,681 sqft |
| Beds | N/A |
| Baths | N/A |
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.
Listing information courtesy of: Elizabeth Maddox, Myunits.com Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of 02/13/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Vahe Torosian Milagerdi
REALTOR®
Direct: 818.306.6427
Email: Email Me
DRE: 02034804
DRE #01873088
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