709 S Kingsley Dr
LOS ANGELES, CA 90005

Property

Ownership: For Sale
Bedrooms: 21 BR
Bathrooms: 21
Area: 6758 sq ft
Lot Size: 0.2 Acres

Financials

Price:$6,850,000
271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of New Star Realty

709 S Kingsley Dr 21BR Hancock Park La

Description

Rare investment opportunity in the heart of Koreatown. This three-story, 15-unit multifamily property offers an elevator, secure subterranean parking, and a highly desirable central Los Angeles location. 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 ousite manager required.

Neighborhood

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CLAW

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.