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NewLuxury

$1,800,000

5,902 sqft$305/sqft10 days on market

1127 S Kingsley DR

Los Angeles, CA 90006

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

5,902

Square feet

2019

Built

Listing narrative

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.

Listing agent (MLS): Kirk Garabedian · Listing brokerage (MLS): Keller Williams R. E. Services

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,800,000

Beds

Beds n/a

Type

House

Home Size

5,902 sqft

Baths

Baths n/a

Lot Size

0.14 acres

Year

2019

Status

New

Days on Market

10

$ / Sqft

$305

· 8% down, 7% APR, 30yr fixed
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Courtesy of Keller Williams R. E. Services