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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 | Building Size | 9,249 SF |
| Property Type | Multifamily | Average Occupancy | 0% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Townhome | Year Built | 2024 |
| Building Class | B | Parking Ratio | 1.3/1,000 SF |
| Lot Size | 0.20 AC | ||
| Zoning | LARD1.5 | ||
| 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 |
Links
Property Taxes
| Parcel Number | 5535-036-021 | Improvements Assessment | $318,362 |
| Land Assessment | $1,273,449 | Total Assessment | $1,591,811 |
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
The East Hollywood Multifamily Property at 724 N Kingsley Dr, Los Angeles, CA 90029 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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