$1,695,000

836 S Kingsley Drive, Los Angeles, CA 90005

5,728

Square feet

6,750

Lot Size

8

# Of Units

Listing Agent
Sean Rosenzweig - Marcus & Millichap

I am pleased to offer for sale an eight-unit apartment community located at 836 South Kingsley Drive. The subject property is located just south of Wilshire Boulevard within the dense Koreatown sub-market. Situated on a 6,750 square foot parcel, the property comprises of seven one-bedroom units and one two-bedroom unit. One of the units will be delivered vacant allowing new ownership to immediately renovate in order to achieve a market rental rate. The property has 99% remaining rental upside through unit renovations. The continued development of the surrounding area along with the value-add potential for a new owner to renovate units and achieve superior future returns moving forward makes 836 South Kingsley an excellent acquisition opportunity.

Facts & Features

MLS® # 22207316
Price $1,695,000
Bathrooms 0.00
Square Footage 5,728
Lot Size 6,750
Year Built 1956
Type Residential Income
Status Active
# Of Units 8

Community Information

Address 836 S Kingsley Drive
Area C17 - Mid-Wilshire
City Los Angeles
County Los Angeles
State CA
Zip Code 90005

Amenities

Parking Spaces 6
Parking Uncovered
Garages Uncovered
Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No
# of Stories 2

Additional Information

Date Listed October 10th, 2022
Days on Market 59
Zoning LAR4
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

AgentSean Rosenzweig
OfficeMarcus & Millichap

Listing Map

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