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$6,850,000

FOR SALE
Active

709 S Kingsley Drive

Los Angeles, CA

MLS# 26873355

11,216 Sq Ft21bd • 21ba
81 days on marketNalren refreshed

Listing Agent

Kyong Starrett

Listing Agent

New Star Realty

DRE #: 01762611

(213) 385-4989

Brokerage: New Star Realty

Property Details

21

Bedrooms

21

Bathrooms

11,216 sqft

Square Feet

1989

Year Built

6,758 sqft

Lot Size

$611

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

N/A

Property Type

Description

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.

Facts & Features

Building

Year Built
1989
Living Area
11,216 sqft
Building Area Total
11,216
Levels
Three Or More
Stories Total
3

Utilities

Heating
Central
Cooling
Central Air

Parking

Parking Total
21

Community / HOA

HOA
No

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