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New Construction Multifamily Investment Property

956 Kingsley Drive, Los Angeles, CA 90029

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For Sale

$3,799,000

Fully leased, new construction 6-unit apartment building in Virgil Village.

HighLights

Fully leased 6‑unit building generating $300,000 annual rent.
New construction (2025) with a 6.55% cap rate.
Located in trendy Virgil Village, near Hollywood, Los Feliz, Larchmont Village and Silver Lake.
Desirable unit mix: three 4‑bedroom units and three 3‑bedroom units.
Bedrooms with en‑suite bathrooms and large walk‑in closets.
Separate meters for gas, water, and electric.

We can help!

Listing Contact

LAUREN CEARLEY

For Sale

$3,799,000

Fully leased, new construction 6-unit apartment building in Virgil Village.

Added:: May 10, 2025
Days on Market:: 404
Last Refresh:: Mar 16 at 9:09 am

Property Features for 956 Kingsley Drive

General Information

Standard status: Active

Building Details

Year Built: 2025

We can help!

Listing Contact

LAUREN CEARLEY

Listing agent LAUREN CEARLEY

Listing office MYUNITS.COM INC.

Listing date May 10, 2025

Source Corcoran

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of MYUNITS.COM INC.

HighLights

Fully leased 6‑unit building generating $300,000 annual rent.
New construction (2025) with a 6.55% cap rate.
Located in trendy Virgil Village, near Hollywood, Los Feliz, Larchmont Village and Silver Lake.
Desirable unit mix: three 4‑bedroom units and three 3‑bedroom units.
Bedrooms with en‑suite bathrooms and large walk‑in closets.
Separate meters for gas, water, and electric.

Overview

Located in Virgil Village, Los Angeles, this new construction 6-unit apartment building, completed in 2025, is fully leased. The property features a unit mix of three 4-bedroom units and three 3-bedroom units. The building is located minutes from Hollywood, Los Feliz, Larchmont Village, and Silver Lake, with numerous neighborhood destinations on Melrose and Santa Monica Blvd. Each bedroom includes an en-suite bathroom, high ceilings, open floor plan living room/kitchen areas, large walk-in closets, balconies, and large windows for maximum light. Built-in storage, designer tiles, modern cabinets, and natural wood waterproof vinyl are included throughout. Additional features include separate meters for gas, water, and electric. A 1-year builder’s warranty is included.

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Local Demand

City: Los Angeles
County: Los Angeles
State: California
Longitude: -118.303
Latitude: 34.0878

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For sale
Apartment buildings
CA
Los Angeles
90029
956 Kingsley Drive

What type of property is this?

Apartment building - Fully leased, new construction 6-unit apartment building in Virgil Village.

Where is this apartment building located?

The property is located at 956 Kingsley Drive Los Angeles, CA.

What is the asking price?

The asking price for this property is $3,799,000.

What are key features of this property?

This property features: Fully leased 6‑unit building generating $300,000 annual rent.; New construction (2025) with a 6.55% cap rate.; Located in trendy Virgil Village, near Hollywood, Los Feliz, Larchmont Village and Silver Lake.