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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
Rare investment opportunity in the heart of Koreatown. This three-story, 15-unit multifamily property offers an elevator, secure subterranean parking, and a highly desirable central Los Angeles location. Since acquiring the property in 2018, the current owner has completed substantial improvements through out the building. Fourteen of the 15 units have been upgraded with central heating and air conditioning, with only one unit utilizing a window system. The unit interiors have also been extensively remodeled and updated, offering improved living spaces for tenants. No onsite manager required.
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
CA
Heating
CF
Levels
C

Exterior

Parking Spots
21
Parking Total
21

Financial

Gross Operating Income
$361,500
Net Operating Income
$349,700

Map

Community

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