724 N Kingsley Drive Los Angeles, CA 90029
Multi-Family (2-4 Units)
MLS #: BB24178105
Courtesy Of Myunits.com
$4,195,000
26 beds
|
22 baths
|
9,249 sq ft
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Estimated monthly payments:
$18,338/mo.* (recalculate)
Property InformationDescription
The 5+ Unit Specialists are pleased to present 724 N Kingsley Dr, 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.
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.
Features
- Age: New Construction, 1-5 Years Old
- Amenities: Dock
- Appliances: Dishwasher, Freezer, Microwave, Range, Range - Gas, Refrigerator, Washer
- Architecture Style: Modern
- Floor Covering: Vinyl
- Heating System: Central Furnace
- Rooms: Kitchen, Living Room
- View Type: City
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School Information
724 N Kingsley Drive, Los Angeles, CA 90029
Elementary School
Grades KG-5 |
Public School
ALEXANDRIA ELEMENTARY SCHOOL
Los Angeles, CA 90004
4211 Oakwood Ave
323.660.1936
Distance: 0.5 mi
School Rating
B-
Student:Teacher Ratio
20:1
Total Students
532
Middle School
Grades 6-8 |
Public School
JOSEPH LE CONTE MIDDLE SCHOOL
Los Angeles, CA 90028
1316 N Bronson Ave
323.308.1700
Distance: 1.1 mi
School Rating
C
Student:Teacher Ratio
19:1
Total Students
678
High School
Grades 9-12 |
Public School
HELEN BERNSTEIN HIGH SCHOOL
Los Angeles, CA 90028
1309 N Wilton Pl
323.817.6400
Distance: 1.0 mi
School Rating
D-
Student:Teacher Ratio
18:1
Total Students
690
High School
Grades 9-12 |
Public School
STEM ACADEMY OF HOLLYWOOD
Los Angeles, CA 90028
1309 N Wilton Pl
323.817.6461
Distance: 1.0 mi
School Rating
A-
Student:Teacher Ratio
20:1
Total Students
604
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| Immaculate Heart Of Mary School | 0.5 mi | Private | KG-8 | |
| Kingsley Elementary School | 0.5 mi | Public | KG-5 | C+ |
| Harvard Elementary | 0.5 mi | Public | KG-5 | B- |
| Ramona Elementary | 0.5 mi | Public | KG-6 | D+ |
| Blind Children's Center | 0.7 mi | Private | PK-T1 | |
| Santa Monica Boulevard Community Charter | 0.8 mi | Public | KG-6 | B+ |
| Van Ness Avenue Elementary | 0.8 mi | Public | KG-5 | C+ |
| Dayton Heights Elementary School | 0.8 mi | Public | KG-5 | B+ |
| Santa Monica Boulevard Community Charter | 0.8 mi | Public | KG-6 | |
| Lockwood Avenue Elementary | 0.8 mi | Public | KG-6 | C- |
| Cahuenga Elementary School | 1.0 mi | Public | KG-5 | B- |
| Virgil Middle School | 1.0 mi | Public | 6-8 | B- |
| Frank Del Olmo Elementary School | 1.0 mi | Public | KG-5 | B- |
| Kim Elementary School | 1.0 mi | Public | KG-5 | B |
| Central City Value | 1.0 mi | Public | 9-12 | B |
| Lexington Avenue Primary Center | 1.0 mi | Public | PK-2 | |
| Apex Academy | 1.0 mi | Public | 7-12 | D+ |
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data
Los Angeles, CA 90029
| Median Age: | 37.1 |
|---|---|
| Married: | 31% |
| Number of Households: | 12,470 |
| Households with Children: | 20.3% |
Los Angeles, CA 90029
Demographic Data
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Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
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Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
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