$3,749,999

Estimated payment $21,532/month

Total Views 810
21 Beds
21 Baths
8,278 Sq Ft
$453 Price per Sq Ft

Highlights

  • Balcony
  • Central Heating and Cooling System
  • Gated Home
  • STEM Academy at Bernstein High Rated A-
  • 12 Car Garage

About This Home

Welcome to 954 N Kingsley- A Modern Brand New 2025 Construction non rent control 6-unit building that is 100% FULLY LEASED, with a gross income of $300,000 and an unheard of cap rate of 6.72% in Hollywood. This luxury complex is comprised of three duplexes, (3) three bedroom units and (3) four bedroom units-a great even mix of bedroom counts. 954 N KINGSLEY is located minutes from Larchmont, Los Feliz, Silverlake, and Melrose. Each unit has beautiful oak color vinyl flooring with a ton of natural light and additional recessed lights in all units. All units have brand new stainless steel appliances, washer, dryer and designer glossy kitchen cabinets with white calcatta quartz countertops some feature islands with beautiful waterfalls edges, designer bathroom tiles, balconies, and Central A/C & Heating. The units consists of 12 total parking spaces, including covered garages and carport spaces. Each unit is separately metered for utilities. Buyer will enjoy a 1 year buildings warranty building with low maintenance and very low expenses. Some of the units have beautiful views of the Griffith observatory Hollywood sign and Hollywood Hills. THERE IS AN APPRAISAL REPORT FOR $4,175,000!! In addition, there is an opportunity to add ADUS to get additional units. All investors will enjoy the benefits of this stable asset with equity earned right away. Comps nearby sold similar 4plex for $3,685,000 making this building very attractive and rare to find! Buyer to verify all!

Listing Agent

Daniel Lalezari

Keller Williams Hollywood Hills License #01949474 Listed on: 07/28/2025

Keller Williams Hollywood Hills

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,204

Year Built

  • Built in 2025

Lot Details

  • 7,681 Sq Ft Lot
  • Lot Dimensions are 42x181
  • Gated Home

Interior Spaces

  • 8,278 Sq Ft Home
  • 3-Story Property

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 21 Bedrooms
  • 21 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 12 Car Garage
  • Assigned Parking

Additional Features

  • Balcony
  • Central Heating and Cooling System

Community Details

  • 3 Buildings
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 5537-024-027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,204

Year Built

Built in 2025

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Three Or More
  • Street Number Display: Yes
  • Living Area: 8278
  • Lot Acreage: 0.1763
  • Lot Dimensions: 42x181
  • Stories: 3
  • Year Built: 2025
  • Number Of Photos: 75
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 21
  • Total Bathrooms: 21.00
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Ice Maker, Washer, Refrigerator, Range/Oven
  • Price Per S Q F T: 453.01

Exterior Features

  • Other Features: Balcony
  • Other Structures: None

Garage/Parking

  • Parking Garage: Assigned, Garage - 2 Car, Private Garage
  • Total Parking: 12

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Value: 0
  • Assessed Land Percent: 100
  • Assessed Land Value: 1088799
  • Total Assessed Value: 1088799
  • Assessor Parcel Number: 5537-024-027
  • Lot Size Area: 7681

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110
  • Gross Rent Multiplier: 12.49
  • Number Of Units: 6
  • Total Annual Expense: 48000
  • Type Of Units: 6
  • Vacancy Rate: 0

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,204 $1,110,574 $1,110,574 --
2024 $13,204 $1,088,799 $1,088,799 --
2023 $12,945 $1,067,450 $1,067,450 $0
2022 $12,422 $1,046,520 $836,400 $210,120
2021 $6,035 $495,092 $383,700 $111,392
2020 $6,094 $490,016 $379,766 $110,250
2019 $5,855 $480,409 $372,320 $108,089
2018 $5,795 $470,990 $365,020 $105,970
2016 $5,537 $452,703 $350,847 $101,856
2015 $5,457 $445,904 $345,577 $100,327
2014 $5,481 $437,170 $338,808 $98,362
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 For Sale $3,749,999 -- $453 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,026,000 Lawyers Title
Grant Deed $400,000 Investors Title Company Gln
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,475,000 New Conventional
Closed $200,000 New Conventional
Closed $2,016,226 New Conventional
Closed $1,700,000 Construction
Closed $797,409 New Conventional
Previous Owner $797,409 Commercial
Previous Owner $300,000 Purchase Money Mortgage
Source: Public Records

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Source: The MLS

MLS Number: 25571141

The MLS

APN: 5537-024-027