709 S Kingsley Drive Los Angeles, CA ^$ 6,850,000

709 S Kingsley Drive

^$ 6,850,000

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709 S Kingsley Drive

Los Angeles, CA, 90005

^$ 6,850,000

Bedrooms21 Baths202.0 Sq 11,216

Monthly Estimate*

^$ 47,311

Listed by Kyong Starrett, New Star Realty, KYONGSTARRETT@NEWSTARREALTY.COM

709 S Kingsley Drive, Los Angeles, CA 90005 - Image 1

709 S Kingsley Drive, Los Angeles, CA 90005 - Image 2

Multi-Family Home for sale in Los Angeles, CA

for $6,850,000 with 21 bedrooms and 202 full baths. This 11,216 square foot home was built in 1989 on a lot size of 0.1551.

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.

Multi-Family Active

Price

^$ 6,850,000

Bedrooms

Full Bath

202

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1551

Year Built

1989

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26873355

Days on Market

Features

General

Living Area 11216

Heating Central

Cooling Central Air

Zoning LAR4

Year Built 1989

Levels Three Or More

Gross Income 378000

County Los Angeles

Net Operating Income 216380

New Construction false

Property Type Residential Income

HOA false

Full Baths 0

Special Listing Conditions Standard

Status Active

Directions East of Western South of Wilshire.

City Los Angeles

Senior Community Y/N false

Number Of Units Total 15

MLS Area C17 - Mid-Wilshire

Lot Size Units Square Feet

Lot Size Square Feet 6758

Standard Status Active

Cap Rate 3.15

Interior

Total Stories 3

Air Conditioning Y/N true

Heating Y/N true

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Bedrooms 21

Total Baths 21

Exterior

Total Parking 21

Lot Size Area 6758

Number of Buildings 1

Building Area Total 11216

Lot Dimensions 50x135

Lot Size Acres 0.1551

* Excluded Features

List By

Kyong Starrett

Listing Agent

New Star Realty

Broker

KYONGSTARRETT@NEWSTARREALTY.COM

Affordability Calculator

$47,311

Per Month

Monthly Principal & Interest: $47,311
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,883,496

Percent of Sale Price 73%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/17/2026	$6,850,000		Listed Price

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709 S Kingsley Drive, Los Angeles, CA, 90005 is a Multi-Family Home for sale at $6,850,000 with 11,216 sqft and a lot size of 0.1551. 709 S Kingsley Drive has 21 bedrooms, 202.0 baths, and was built in 1989. The property's zip code is 90005 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 10/11/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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709 S Kingsley Drive

Multi-Family Home for sale in Los Angeles, CA

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