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$6,850,000
28 Days On Site

709 S Kingsley Drive
Los Angeles, CA 90005

For Sale|Residential Income|Active
21
Beds
21
Total Baths
11,216
SqFt
$611
/SqFt
1989
Built
County:
Los Angeles
Listed by Kyong Starrett of New Star Realty KYONGSTARRETT@NEWSTARREALTY.COM
Call Now: (800) 215-5000
Is this the listing for you? We can help make it yours.
(800) 215-5000
709 S Kingsley Drive
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Monthly Payment (Est.)

$31,253
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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.

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Listing Snapshot
Price 
$6,850,000
Days On Site 
28 Days
Bedrooms 
21
Inside Area (SqFt) 
11,216 sqft
Total Baths 
21
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1551 Acres
Year Built 
1989
MLS® Number 
26873355
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
4 weeks agoListing first seen on site
General Features
Acres 
0.1551
Levels 
Three Or More
Number Of Stories 
3
Parking Spaces 
21
Special Circumstances 
Standard
SqFt Total 
11216
Zoning 
LAR4
Interior Features
Cooling 
Central Air
Heating 
Central
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Community Features
MLS Area 
C17 - Mid-Wilshire


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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