924 N Kingsley Dr 12BR La

This 8 unit apartment building, offered at $2,300,000, is located in the East Hollywood neighborhood of Los Angeles, in a high-demand rental corridor known for its diverse culture and vibrant arts scene. The property has great walkability and convenient access to a variety of public transportation options. The well-balanced unit composition appeals to working professionals and local residents seeking central LA living. 5 of the 8 units have been renovated, including installing A/C mini splits. The units are separately metered for gas and electricity. This property has potential to add 1 detached ADU. East Hollywood has seen ongoing development and revitalization efforts in recent years, with new residential and commercial projects contributing to the area's growth. The property's location in this dynamic neighborhood offers potential for long-term appreciation and investment opportunities.