956 N Kingsley Drive

Hollywood, CA 90029

$3,999,000

List Price

N/A

bed Beds

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shower Baths

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straighten / sqft

2025

calendar_month Built

Property 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

List Price $3,999,000
Status Active
MLS BB25026849
Type Residential Income
Subtype Apartment
Year Built 2025
Lot Size 7,681
Structure Size N/A
Courtesy Of Myunits.com Inc.
Listing Agent Elizabeth Maddox DRE#01921425

Interior Features

Laundry Information
Location(s) Washer Hookup, Electric Dryer Hookup, Inside
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Fireplace Information
Features None
Additional Information
Additional Features Open Floorplan, Recessed Lighting, Instant Hot Water
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: Elizabeth Maddox, Myunits.com Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Feb 7th, 2025 at 11:21 PM 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.