$6,850,000
Los Angeles, CA 90005
21
Beds
21
Baths
11,216
Sq. Ft.
1989
Year Built
Los Angeles
County
ResidentialIncome
Property Type
New Star Realty is pleased to present an exclusive multifamily investment opportunity at 709 S Kingsley Drive, a highly desirable 15-unit asset strategically located in the heart of Central Los Angeles. This exceptionally maintained building features premium tenant amenities, including a passenger elevator and secure subterranean parking. Since acquiring the asset in 2018, the current ownership has executed substantial building-wide capital improvements and extensive interior remodels across the units. Operational efficiency is optimized as 14 of the 15 units have been upgraded to modern central heating and air conditioning, each apartment is individually metered, and the property requires no on-site manager. This turnkey offering delivers immediate, low-overhead stability alongside clear, proven upside to further maximize rental income in a high-demand rental market.
$36,459/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
Last updated: October 21, 2026 at 4:00 PMThe multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. All listing data, including but not limited to square footage and lot size, is believed to be accurate but is not guaranteed by the listing Agent, listing Broker, or CRMLS. Buyers are responsible for verifying the accuracy of all information and should independently investigate the data or retain appropriate professionals prior to making any decisions. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information herein may or may not have been the Listing and/or Selling Agent. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
