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

954 Kingsley Dr
Los Angeles, CA 90029
Multifamily Property For Sale · 6 Units

Investment Highlights

  • BRAND NEW 2025 CONSTRUCTION 100% FULLY LEASED WITH $300,000 GROSS INCOME AT UNHEARD OF 6.72% CAP RATE!
  • RECENT APPRAISAL REPORT VALUED AT $4,175,000, with recent comps of 4plex sold for $3,685,000 making this a great deal!
  • SEPARATELY METERED FOR WATER, GAS, ELECTRICITY, LOW EXPENSES AND MAINTENANCE
  • CLOSE TO LARCHMONT, LOS FELIZ, SILVERLAKE, SHOPPING, COFFEE SHOPS, VIEWS OF HOLLYWOOD SIGN AND GRIFFITH OBSERVATORY
  • OPPORTUNITY TO ADD ADUS & STRONG RENTERS DESIRABILITY WITH 12 PARKING SPACES
  • DESIGNER FINISHES, OPEN FLOOR PLAN, TON OF NATURAL LIGHT, CALCATTA QUARTZ COUNTERTOPS, STAINLESS STEEL APPLIANCES AND WASHER & DRYERS IN EACH UNIT

Property Facts

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class B
Lot Size 0.18 AC
Building Size 9,578 SF
Average Occupancy 100%
No. Stories 3
Year Built 2025
Parking Ratio 1.25/1,000 SF
Zoning LAR3 - Residential Multiple Dwelling Zone

Amenities

Unit Amenities

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

Site Amenities

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

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+3.5 3 $4,000 1,290 - 1,356
4+3 2 $4,300 1,359
4+4 1 $4,400 1,558

Property Taxes

Property Taxes

Parcel Number
5537-024-027
Land Assessment
$1,110,574
Improvements Assessment
$0
Total Assessment
$1,110,574
  • Listing ID: 36432499

  • Date on Market: 6/26/2025

  • Last Updated:

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

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