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Stacey Alysson Melman

709 S Kingsley DR
Los Angeles, CA, 90005
$6,850,000
21 Beds
21 Baths
11,216 SqFt
0.16 Acres
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MLS #26873355 image #0
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.
AGENT: Kyong Starrett
LISTING BROKERAGE: New Star Realty
709 S Kingsley DR
Los Angeles, CA

Property Details

Price:
$6,850,000
MLS #:
26873355
Status:
Active
Beds:
21
Baths:
21
Type:
Single Family
Neighborhood:
c17midwilshire
Listed Date:
Aug 17, 2026
Finished Sq Ft:
11,216
Total Sq Ft:
11,216
Lot Size:
6,758 sqft / 0.16 acres (approx)
Year Built:
1989
C17 – Mid-wilshireC17midwilshire
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Schools

Interior

Cooling
Central Air
Heating
Central
Levels
Three Or More

Exterior

Parking Spots
21
Parking Total
21
Stories
3

Financial

Gross Operating Income
$380,880
Net Operating Income
$216,380

Map

Community

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