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956 N Kingsley Dr, East Hollywood
East Hollywood 6-Unit, 4 Garage Spaces, 8 Parking Spaces, Excellent 5.93% Projected Cap Rate, 12 Parking Spaces!
$3,999,000
Description
An ultra-premium new construction 6-unit located in trendy Melrose Hill (Hollywood), just minutes from Hollywood/Highland, Los Feliz, Larchmont Village and Silver Lake! Ideal unit mix of ALL 3 & 4 bed units! Boasting high-end finishes, unmatched construction quality, and an unheard of 5.81% projected cap rate!
Overview
Lot (sq ft):
7681
Price:
$3,999,000
Important Details
Metro Area County:
Los Angeles
Specific Area:
East Hollywood
No Of Units:
6
Opportunity Zone:
No
Cap Rate:
5.93%
Gross Rent Multiplier:
12.92
Income Pro Forma:
$309,600
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
Location
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