956 N Kingsley Dr - Apartments FOR SALE
Los Angeles, CA 90029 |
$3,999,000 USD
818-859-7242
956 N Kingsley Dr
Los Angeles, CA 90029
HIGHLIGHTS
- MAJOR CASH COW! Out of this world pro forma cap rate of 5.93%!
- Ideal unit mix consisting of ALL three and four 4 bedroom units!
- Property comes fully loaded with premium kitchen appliances, washers + dryers. Totally turnkey!
- UNHEARD OF price per door of $699,500! This is a price per door you won’t find elsewhere!
- Dream 1031 exchange opportunity. Ready to close soon!
- 12 PARKING SPACES on site! Very rare!
OVERVIEW
An ultra-premium new construction 6-unit located in trendy Melrose Hill (Hollywood), just minutes from Hollywood/Highland, Los Feliz, Larchmont Village and Silver Lake! Ideal unit mix of ALL 3 & 4 bed units! Boasting high-end finishes, unmatched construction quality, and an unheard of 5.93% projected cap rate!
FOR SALE DETAILS
PRICE
$3,999,000 USD
PRICE/SF
$483 USD /SF
# OF UNITS
6
PRICE/UNIT
$666,500
CAP RATE
5.93%
% LEASED
0%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
East Hollywood 6-Unit
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
2024
PARKING SPACES
12
LAND DETAILS
LAND ACRES
0.18 AC
LAND SF
7,681 SF
ZONING
LAR3
APN/PARCEL ID
5537-024-027
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818-859-7242
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818-859-7242
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