709 S Kingsley Drive, Los Angeles, CA 90005
709 S Kingsley Drive, Los Angeles, CA 90005
709 S Kingsley Drive, Los Angeles, CA 90005
709 S Kingsley Drive, Los Angeles, CA 90005
709 S Kingsley Drive, Los Angeles, CA 90005
709 S Kingsley Drive, Los Angeles, CA 90005
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$ 6,850,000
Est. payment | /mo

11,216 SqFt


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$ 6,850,000
Est. payment | /mo
Save

11,216 SqFt

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 11,216 sqft

Price per Sqft $610

MLS Listing ID CL26873355

HOA Y/N No

Year Built 1989

Lot Size 6,758 Sqft

Acres 0.1551

Property Sub-Type Other

Property Description

The new star realty is pleased to present the exclusive offering of 709 S Kingsley Drive, a 15 unit multifamily investment opportunity strategically Located at the a highly desirable central Los Angeles location. building, offers an elevator, secure subterranean parking, and a Since acquiring the property in 2018, the current owner has completed substantial improvements through out the building. Fourteen of the 15 units have been upgraded with central heating and air conditioning, with only one unit utilizing a window system. The unit interiors have also been extensively remodeled and updated, offering improved living spaces for tenants. No onsite manager required. Each unit is individually metered and there is additional potential to further increase rental income in the future.

Location

State CA

County Los Angeles

Zoning LAR4

Interior

Heating Other

Cooling Central Air

Fireplace No

Building

New Construction No

Others

Tax ID 5093021012

Bridge MLS
Listed by Kyong Starrett • New Star Realty

NEARBY SCHOOLS & PROPERTIES

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Roland & Lydia Osage
Roland & Lydia Osage

Agent License ID: 02055089

+1(925) 206-9799

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709 S Kingsley Drive