724 N Kingsley Drive

Los Angeles, CA 90029

$4,195,000

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

2024

calendar_month Built

Property Description

724 N Kingsley Dr is a massive new construction 6-unit (5 + large ADU) with the most impressive unit mix you’ll find! With two 5 bedroom units and four 4 bedroom units, this gorgeous 2024 construction is predicted to bring in an annual rent of $332,400, making for a pro forma cap rate of 6.07%. TOTAL CASH COW! Don’t keep your money in the bank- invest in stable Los Angeles real estate with high cash flow. 724 N Kingsley is located in trendy Melrose Hill, minutes from the heart of Hollywood, Los Feliz, Larchmont Village and Silver Lake! Walk down the street to countless neighborhood destinations on both Melrose and Santa Monica Blvd. You will find noteworthy features including, but not limited to: bedrooms with en-suite bathrooms, high ceilings, open floor plan living room/kitchen areas, huge walk in closets, balconies, large windows allowing for maximum light, built in storage throughout, designer tiles, modern cabinets, natural wood water proof vinyl, and more. In addition to the unbeatable return and massive units, buyers will enjoy other notable perks including: a 1-year builder’s warranty, brand new EVERYTHING, little to no maintenance, separate meters for gas, water & electric, and extreme desirability amongst renters for years to come.

Listing Information

List Price $4,195,000
Status Active
MLS BB24178105
HOA $0
Type Residential Income
Subtype Quadruplex
Year Built 2024
Lot Size 8,774
Structure Size N/A
DOM 1
Courtesy Of Myunits.com Inc.
Listing Agent Elizabeth Maddox DRE#01921425
Co-Listing Agent Ian Maddox DRE#02030205

Interior Features

Laundry Information
Location(s) Washer Hookup, Electric Dryer Hookup, Inside
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Vinyl
Fireplace Information
Features None
Additional Information
Additional Features Balcony
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: Elizabeth Maddox, Ian Maddox, Myunits.com Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Aug 29th, 2024 at 7:47 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.