This Multifamily Property is no longer advertised on LoopNet.com.

724 N Kingsley Dr
Los Angeles, CA 90029
2024 Const. 6-Unit in Hollywood | 6.07% Cap! · Multifamily Property For Sale · 6 Units

Investment Highlights

  • MAJOR CASH COW! Out of this world pro forma cap rate of 6.07%!
  • Property comes fully loaded with premium kitchen appliances, washers + dryers. Totally turnkey!
  • Dream 1031 exchange opportunity. Ready to close soon!
  • Unbeatable unit mix consisting of two 5 bedroom units and four 4 bedroom units.
  • UNHEARD OF price per door of $699,167! This is a price per door you won’t find elsewhere!
  • All units separately metered for gas, electric AND water! Microscopic expenses!

Property Facts

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class B
Lot Size 0.20 AC
Building Size 9,249 SF
Average Occupancy 0%
No. Stories 3
Year Built 2024
Parking Ratio 1.3/1,000 SF
Zoning LARD1.5

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Washer/Dryer
  • Heating
  • Kitchen
  • Refrigerator
  • Stainless Steel Appliances
  • Range
  • Views
  • Freezer
  • Vinyl Flooring

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
5+5 2 $5,200 1,920
4+4 2 $4,650 1,492 - 1,660
4+2 2 $4,000 1,095

Property Taxes

Property Taxes

Parcel Number
5535-036-021
Land Assessment
$1,273,449
Improvements Assessment
$318,362
Total Assessment
$1,591,811
  • Listing ID: 29890789

  • Date on Market: 10/26/2023

  • Last Updated:

  • Address: 724 N Kingsley Dr, Los Angeles, CA 90029

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}