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15-Unit Apartment Building with Elevator
For Sale
$6,850,000

709 S Kingsley Dr, Los Angeles, CA 90005

Three-story property with remodeled interiors, upgraded HVAC, and secure subterranean parking in central Los Angeles.

Property Size11,216 SF
Days on Market9

Property Features for 709 S Kingsley Dr

General Information

Standard status Active
Size 11,216 SF
Elevators Yes
Property subtype MULTI_FAMILY

Additional Details

Multifamily Units 15

Amenities

secure subterranean parking

Building Details

Building Size 11,216 SF
Year Built 1989
Buildings 1
Stories 3
Listing Agency: New Star Realty
Listed By: Kyong Starrett · License #01762611
Source: Rochellemaize
Added: Aug 17 Changed: Aug 24 Last Checked: Aug 25 at 11:03AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of New Star Realty

Investment Insights

Based on property information with market context.

Built in 1989, this three-story apartment property contains 15 units and 11,216 square feet. The building includes an elevator and secure subterranean parking. Unit interiors have been remodeled, with substantial property improvements completed since 2018.

Fourteen units feature central heating and air conditioning, while the remaining unit uses a window system. The property is located in Koreatown within central Los Angeles at 709 S Kingsley Dr, Los Angeles, CA 90005.

Key Highlights

  • 15‑unit, 11,216‑square‑foot apartment property
  • Three‑story building constructed in 1989
  • Elevator and secure subterranean parking

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Veterinary Clinic Carpet & Flooring Store Tanning Salon (Bike/Boat/Book/etc) Store Buffet Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

15
Residential units

Location Intelligence

Trade Area within ½ mile

9,528
Businesses Nearby

Demographics for 90005, CA

37,987
Population
19,357
Households
2
Avg Household Size
37
Median Age
38%
College-Educated
74%
High-School Grad
1.2 sq mi
ZIP Area
31,656
Density / Sq Mi
$52,755
Median Household Income
$35,847
Median Earnings
$1,648
Median Rent
$1,084,400
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Three-story property with remodeled interiors, upgraded HVAC, and secure subterranean parking in central Los Angeles.
Where is this apartment building located?
The property is located at 709 S Kingsley Dr Los Angeles, CA.
What is the asking price?
The asking price for this property is $6,850,000.
What are key features of this property?
This property features: 15‑unit, 11,216‑square‑foot apartment property; Three‑story building constructed in 1989; Elevator and secure subterranean parking
More about this property
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