1340 N Kingsley

Description

Exceptional Investment Opportunity " Brand-New 4-Unit Luxury Townhome Building at 1340 N Kingsley Dr, Los Angeles 90027. A rare opportunity to acquire a 2025 new construction, non"rent-controlled 4-unit luxury townhome building in the heart of Prime Hollywood. Perfectly positioned near world-famous entertainment venues, trendy restaurants, shopping, and major Los Angeles attractions, this modern asset offers exceptional convenience and long-term value. The building features two units with 4 bedrooms and 5.5 bathrooms and two units with 5 bedrooms and 5.5 bathrooms, totaling 7,139 sq. ft. of contemporary living space. Each residence offers open-concept layouts, high-end finishes, brand-new appliances, and in-unit washers and dryers"ideal for tenants or owner-users seeking comfort and style. The property also provides breathtaking, unobstructed views of the iconic Hollywood Sign, a highly sought-after amenity rarely found in new construction. With a listing price of $3,395,000, this turnkey asset offers an attractive price of approximately $476 per sq. ft. and an estimated $848,750 per unit. Additional benefits include separate utility meters, minimal owner expenses, modern security systems, two secure gated parking spaces per unit, and the option to be delivered fully occupied with reliable tenants"all within a high-demand, non"rent-controlled Hollywood rental market. Located near Los Feliz and Prime Hollywoods vibrant corridor, this property places residents just steps from a curated collection of local favorites including Yucas, Alcove Caf & Bakery, Little Doms, Hangari Kalguksu, and Anju House. Boutique cafs, independent shops, and gourmet markets further define the neighborhoods walk-everywhere lifestyle. A commuters dream, the property offers quick access to the 101/10 Freeways and is conveniently located near major public transportation options for easy connectivity throughout Los Angeles.This property delivers strong income potential, low-maintenance ownership, and excellent long-term appreciation. A true trophy asset in one of Los Angeles most iconic and thriving neighborhoods. We welcome your 1031 exchange!