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956 N Kingsley Dr
Los Angeles, CA 90029

$3,999,000 USD

Apartments For Sale • 8,278 SF

Property Details

Property Type Apartments
Total Building Size 8,278 SF
Lot Size 0.18 AC
Building Class B
Year Built 2024
Cap Rate 5.93 %
Zoning LAR3

65 Transit Score

84 Walk Score

                
                    Highlights
                
                                MAJOR CASH COW! Out of this world pro forma cap rate of 5.93%!
                            
                                Ideal unit mix consisting of ALL three and four 4 bedroom units! 
                            
                                Property comes fully loaded with premium kitchen appliances, washers + dryers. Totally turnkey!
                            
                                UNHEARD OF price per door of $699,500! This is a price per door you won’t find elsewhere!
                            
                                Dream 1031 exchange opportunity. Ready to close soon!
                            
                                12 PARKING SPACES on site! Very rare!

Financial Summary (Proforma)

Net Operating Income: $236,995 USD (2024)

Cap Rate:	5.93 %
Total Expenses:	$60,221 USD

Amenities

Air Conditioning
Balcony
Dishwasher
Microwave
Washer/Dryer
Heating
Eat-in Kitchen
Kitchen
Refrigerator
Oven
Stainless Steel Appliances
Range
Tub/Shower
Double Pane Windows
Handrails
Instant Hot Water
Island Kitchen

Public Transportation

Commuter Rail	Drive	Walk	Distance
Glendale (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	9 min	-	4.7 mi
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak)	9 min	-	4.8 mi
Transit/Subway	Drive	Walk	Distance
Vermont/Santa Monica Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	17 min	0.9 mi
Airport	Drive	Walk	Distance
Bob Hope	18 min	-	10.8 mi
Los Angeles International	27 min	-	14.3 mi
Long Beach (Daugherty Field)	37 min	-	27.3 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	8
Type:	Surface
Included in Rent:	Yes

Elizabeth Maddox 818-859-7242 Myunits.com

956 N Kingsley Dr Los Angeles, CA 90029