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724 N Kingsley, Hollywood

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724 N Kingsley, Hollywood

East Hollywood 6-Unit, 12 Parking Spots (10 + 2 Large Bonus Spots), Private Washers/Dryers for Each Unit

$4,195,000

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  • 26 Views
  • Oct 05, 2024
  • Los Angeles

Description
An ultra-premium new construction 6-unit in Melrose Hill (Hollywood), minutes from Hollywood/Highland, Los Feliz, Larchmont Village and Silver Lake! High-end finishes, unmatched construction quality, and an unheard of 6.07% projected cap rate! 12 Parking Spots (10 + 2 Large Bonus Spots) Private Washers/Dryers for Each Unit
Overview
Lot (sq ft): 8772
Price: $4,195,000
Important Details
Metro Area County: Los Angeles
Specific Area: Hollywood
No Of Units: 6
Opportunity Zone: No
Cap Rate: 6.07%
Gross Rent Multiplier: 12.62
Income Pro Forma: $332,400
Vacant: Yes
Leased At Market: Yes
Accessory Dwelling Unit: Yes
Large Lot: Yes
Permits Ready: Yes
Seller Financing: Yes
Low Interest Loan: Yes
Off Market: No
Green Certified: Yes
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