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954 Kingsley Dr
Los Angeles, CA 90029
6.04% REAL CAP | CASH COW 6-UNIT IN HOLLYWOOD · Build-to-Rent Property For Sale · 6 Units

INVESTMENT HIGHLIGHTS

  • MAJOR CASH COW! Delivered FULLY LEASED at an out of this world cap rate of 6.04%!
  • Property comes fully loaded with premium kitchen appliances, washers + dryers. Totally turnkey!
  • Dream 1031 exchange opportunity. Ready to close soon!
  • Ideal unit mix consisting of ALL three and four 4 bedroom units!
  • UNHEARD OF price per door of $699,500! This is a price per door you won’t find elsewhere!
  • 12 PARKING SPACES on site! Very rare!

PROPERTY FACTS

No. Units 6
Property Type Build-to-Rent
Property Subtype Apartment
Apartment Style Townhome
Costar Property Class B
Total Plot Size 0.18 ac
Property Size 9,578 sq ft
Average Occupancy 100%
No. Floors 3
Year Built 2025
Parking Allocation 1.25/1,000 sq ft
Use Class LAR3 - LAR3

AMENITIES

UNIT AMENITIES

  • Balcony
  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Double Vanities
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Double Pane Windows
  • Handrails
  • Instant Hot Water
  • Island Kitchen
  • Studio / Creative Space Layout

SITE AMENITIES

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Public Transportation
  • Walk-Up
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT PCM sq ft
4+3 2 £22,919 1,356
4+4 1 £4,167 1,558
3+3.5 3 £4,167 1,290 - 1,359
  • Listing ID: 33872574

  • Date on Market: 14/11/2024

  • Last Updated:

  • Address: 954 Kingsley Dr, Los Angeles, CA 90029

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