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954 N Kingsley Drive

Los Angeles, CA 90029

– beds
– baths
– sqft
7,681 sqft lot
2025 build
– on site

954 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 6.08%. 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 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.

Listed By CRMLS_CA / Elizabeth Maddox / Myunits.com Inc. / 818-850-8485

Last checked: Checking… • Last updated Mar 16, 2025 •

MLS# BB25054164 —

The Building

Year Built:

2025
Year Built Source:

Builder
New Construction:

Yes
Building Area Total:

8278.00
Building Area Units:

Square Feet
Total Number Of Units:

6
# of Buildings:

3
Architectural Style:

Modern
Exterior Features:

Lighting
Stories Total:

3
Entry Level:

1
Accessibility Features:

None
Common Walls:

No Common Walls
Green Verification:

1
# of Separate Gas Meters:

6
# of Separate Water Meters:

1
# of Separate Electric Meters:

7

Interior

Features:

Open Floorplan, Recessed Lighting
Levels:

Two, Three Or More
Entry Location:

Ground level
Window Features:

Double Pane Windows
Room Type:

Kitchen, Living Room
Fireplace:

No
Fireplace:

None
Laundry:

Dryer Included, Electric Dryer Hookup, Washer Hookup, Washer Included
Laundry:

1

Location

Directions:

From US-101 South: Take the exit for Melrose Ave, Turn left onto Melrose Ave, Drive about 0.5 miles, then turn right onto N Kingsley Dr. The destination will be on your left.
Latitude:

34.08782400
Longitude:

-118.30311500

The Property

Property Type:

Residential Income
Subtype:

Quadruplex
Zoning:

LAR3
Lot Features:

Landscaped
Lot Size Area:

7681.0000
Lot Size Acres:

0.1763
Lot Size SqFt:

7681.00
Lot Size Source:

Public Records
View:

1
View:

City Lights, Neighborhood
Road Frontage:

City Street
Road Surface Type:

Paved
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Tract:

191...
Tax Lot:

55
Tax Annual Amount:

46609.00

The Listing

Virtual Tour
Special Listing Conditions:

Standard
Parcel Number:

5537024027

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Utilities

Sewer:

Public Sewer
Electric:

Standard
Water Source:

Public

Appliances

Appliances:

Dishwasher, Electric Oven, Gas Range, Instant Hot Water, Microwave, Refrigerator
Included:

Yes

The Community

Neighborhood:

East Hollywood
Features:

Sidewalks, Street Lights
Association:

No
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None

Parking

Parking:

Yes
Parking:

Garage, Uncovered
Parking Spaces:

12.00
Garage Spaces:

8.00
Uncovered Spaces:

4.00

Extra Units

Average 3 Bed Area:

1336
Number With Dishwasher:

6
Number With Refrigerator:

6

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/15/25 Mar 15, 2025	Listed / Active	CRMLS_CA	$3,999,000

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This multifamily located in Central LA, Los Angeles, CA 90029 is currently for sale for $3,999,000. 954 N Kingsley Drive is a – square foot multifamily with – beds and – baths that has been on Estately for 2 days. 954 N Kingsley Drive is in the Central LA neighborhood of Los Angeles and has a WalkScore® of 83, making it very walkable. This multifamily is in the attendance area of Kingsley Elementary School.

Listing Courtesy of: CRMLS_CA and Myunits.com Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of 00:05 on Mar 17.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.