Nest Seekers

709 S Kingsley Dr 21BR Hancock Park La

709 S Kingsley Dr
LOS ANGELES, CA 90005

Listing

Web ID:5697994
Website:https://www.nestseekers.com/5697994

Property

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

Financials

Price:$6,850,000

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.

Location

709  S Kingsley Dr LOS ANGELES CA 90005 USA

Contact

Beverly Hills, CA
271 North Canon Drive Beverly Hills, CA 90210
Phone: +1 310-278-8861
Fax: +1 310-362-0351
info@nestseekers.com
Listing Courtesy of New Star Realty
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