MLS® ID: 19532538
1021 S KINGSLEY Drive
Los Angeles, California, 90006 $1,500,000
Active Under Contract
The subject property is a six (6) unit apartment building located in Koreatown. The property is fully occupied and consists of five (5) 1 Bedroom/1 Bathroom units and one (1) 2 Bedroom/1 Bathroom unit. The building was built in 1958 and is 3,672 square feet and sits on a 5,900 square foot lot that is zoned R4. The property is adjacent to many new developments in Koreatown. There are six (6) parking spaces on-site, two of which are covered spaces. The property is master-metered for all utilities. It is located in an opportunity zone and has significant rental upside in a strong rental market.