709 S Kingsley Drive, Los Angeles, California 90005
$6,850,000
- Property Type
- Residential Income
- Bedrooms
- 21
- Bathrooms
- 21
- Square Feet
- 11,216 sqft
- City
- Los Angeles
- Status
- Active
New Star Realty is pleased to present an exclusive multifamily investment opportunity at 709 S Kingsley Drive, a highly desirable 15-unit asset strategically located in the heart of Central Los Angeles. This exceptionally maintained building features premium tenant amenities, including a passenger elevator and secure subterranean parking. Since acquiring the asset in 2018, the current ownership has executed substantial building-wide capital improvements and extensive interior remodels across the units. Operational efficiency is optimized as 14 of the 15 units have been upgraded to modern central heating and air conditioning, each apartment is individually metered, and the property requires no on-site manager. This turnkey offering delivers immediate, low-overhead stability alongside clear, proven upside to further maximize rental income in a high-demand rental market.
About
Listed by Kyong Starrett with New Star Realty
Quick Facts
MLS Property Type
Residential Income
Status
Active
MLS Number
26873355
Year Built
1989
Units
15
Lot Size
6,758 sq ft
Location
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Details
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