Property photo 1
Property photo 2
21 Beds
21 Baths
11,216 sqft

$6,850,000

709 S Kingsley Dr, Los Angeles CA, 90005

Price per sqft$610.73
Built in1989
Property size11,216 sqft
Property typeMulti-family

Overview

Active

Listed Aug 17, 2026

Updated 7 days ago

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.

$45,573/mo

Est. mortgage payment based on a $6,850,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26873355

Interior Features

Bedrooms
21
Bathrooms
21
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.16 Acres

Also listed on CRMLS

Listed by Kyong Starrett with New Star Realty
Listing Contact: 213-864-2145 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Caroline Lee | CA DRE# 01472468 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2026 Combined L.A./Westside MLS. All rights reserved.

Data last updated 9/28/2026

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