$2,000,000
 $10,736 est/mo Sourced by Back At You

1127 S Kingsley Drive,Los Angeles, CA 90006

Los Angeles, CA 90006

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Description

As part of a 6-building Co-Living Apartment portfolio, we are pleased to present a 2021-constructed, 4-unit residential investment property located in the heart of Koreatown at 1127-1129½ S. Kingsley Drive, Los Angeles, CA 90006. This property features approximately 5,990 square feet of building area and offers a total of 14 rentable bedrooms, with spacious multi-bedroom, multi-bathroom units featuring large shared kitchen areas. These units are thoughtfully configured to accommodate traditional multifamily and co-living rental arrangements. Currently, the property is 64% occupied, with several units and bedrooms available for lease-up, presenting an opportunity for investors to increase rental income through stabilization. Strategically situated near major employment centers, public transportation, shopping, dining, and entertainment, the property is well-positioned to benefit from continued demand for flexible residential housing in central Los Angeles. Offered at $2,000,000, this property is part of a portfolio of 6 Co-Living apartment buildings collectively listed at $11,350,000. All property information, rental figures, square footage, and financial projections are approximate and subject to buyer verification.

Details

MLS #GD26233877
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2019
Days On Site15
Listing Provided ByKeller Williams R. E. Services | Kirk Garabedian

Features

SQ Feet5,990
Garage8
Story(s)3
Units4
Building(s)2
Acreage0.14

Exterior

Lot FeaturesRectangular Lot

Parking

Garage Yes / NoYes

Utilities

SewerPublic Sewer

Location

Community FeaturesBiking

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90006
AreaC17 Mid Wilshire
Listing VS Median (in 90006)
Price:
$2,000,000
low | high
Med:
$939,000
100% of Average
sqft:
5,990
low | high
Med:
2,110
100% of Average
$ / sqft:
$334
low | high
Med:
$445
16.715402843602% of Average
On site:
15
low | high
Med:
71
21.12676056338% of Average
Sourced by Back At You

Market Activity 90006

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Contact

Learn More About This Property

Bruce Hatrak

Bruce Hatrak

Desert Lifestyle Properties

02054055 (760) 516-1741bmhatrak@gmail.com
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90006
AreaC17 Mid Wilshire
Listing VS Median (in 90006)
Price:
$2,000,000
low | high
Med:
$939,000
100% of Average
sqft:
5,990
low | high
Med:
2,110
100% of Average
$ / sqft:
$334
low | high
Med:
$445
16.715402843602% of Average
On site:
15
low | high
Med:
71
21.12676056338% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.5M - $2.5M
sqft: 4,000 - 7,000
Nearby Listings Property ImageNearby Listings Details
1059 S Harvard Boulevard Property Photo 1
$1,550,000
1059 S Harvard Boulevard
Los Angeles, CA 90006
Listing Updated: November 11, 2026 at 11:52:25 AM PST