1127 S Kingsley Dr

Los Angeles CA 90006

5902 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

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 11271129 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.

Features

11 bedrooms

11 bathrooms

5902 sq. ft. lot size

Multi-Family

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