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427 N Kingsley Drive Los Angeles CA 90004 MLS #SR25032622

This well-mantained five-unit apartment building features an excellent unit mix, including one 1-bedroom/1-bath unit, two 2-bedroom/1-bath units, one 3-bedroom/1-bath unit, and one spacious 5-bedroom/2-bath unit. All tenants are current on rent, and each unit has individually metered electricity, with the owner covering water expenses.

The property has been well cared for, reflecting the owner’s pride in maintenance and upkeep. Unit 2 and Unit 5 have been remodeled, a new tankless waterheater and a/c minisplits were added to theses two units, new laundry room and front parking was added, Located in a prime area, this is a fantastic value-add investment opportunity with a desirable unit mix. Don’t miss out!

Property Details

Price:
$1,825,000
MLS #:
SR25032622
Status:
Active
Baths:
0
Address:
427 N Kingsley Drive
Type:
Commercial
Subtype:
Multi Family
Neighborhood:
kreakoreatown
City:
Los Angeles
Listed Date:
Feb 10, 2025
State:
CA
ZIP:
90004
Year Built:
1970

Schools

Interior

Cooling
High Efficiency, See Remarks
Heating
See Remarks

Exterior

Stories Total
2
Water Source
Public

Financial

Taxes
$15,844

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