REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,800,000
Est. payment /mo
New
1127 S Kingsley Los Angeles, CA 90006
5,902 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD26233877
HOA Y/N No
Year Built 2019
Lot Size 5,902 Sqft
Property Sub-Type Quadruplex
Property Description
As part of a 6-building Co-Living Apartment portfolio, we are pleased to present a 2021-constructed, 4-unit residential investment property located in the heart of Koreatown at 1127–1129½ S. Kingsley Drive, Los Angeles, CA 90006. This property features approximately 5,990 square feet of building area and offers a total of 14 rentable bedrooms, with spacious multi-bedroom, multi-bathroom units featuring large shared kitchen areas. These units are thoughtfully configured to accommodate traditional multifamily and co-living rental arrangements.
Currently, the property is 75% occupied, with one unit available for lease-up, presenting an opportunity for investors to increase rental income through stabilization. Strategically situated near major employment centers, public transportation, shopping, dining, and entertainment, the property is well-positioned to benefit from continued demand for flexible residential housing in central Los Angeles.
Offered at $1,800,000, this property is part of a portfolio of Co-Living apartment buildings collectively listed at $9,900,000.
All property information, rental figures, square footage, and financial projections are approximate and subject to buyer verification.
Currently, the property is 75% occupied, with one unit available for lease-up, presenting an opportunity for investors to increase rental income through stabilization. Strategically situated near major employment centers, public transportation, shopping, dining, and entertainment, the property is well-positioned to benefit from continued demand for flexible residential housing in central Los Angeles.
Offered at $1,800,000, this property is part of a portfolio of Co-Living apartment buildings collectively listed at $9,900,000.
All property information, rental figures, square footage, and financial projections are approximate and subject to buyer verification.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 8.0
Garage Description 8.0
Pool None
Community Features Biking
Total Parking Spaces 8
Private Pool No
Building
Lot Description Rectangular Lot
Story 3
Entry Level Three Or More
Sewer Public Sewer
Water Public
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 5080026006
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Kirk Garabedian Keller Williams R. E. Services 818-298-8810, DRE #01216376
NEARBY SCHOOLS & PROPERTIES