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960 S Kingsley Dr
Los Angeles, CA 90006
Multifamily Property For Sale
·
4 Units
Executive Summary
Investment Opportunity – Koreatown 4-Unit Property
Prime 4-Unit Investment Opportunity in the Heart of Koreatown – One 3BD/2BA Unit Delivered Vacant!
Rare opportunity to acquire a well-located four-unit income property in the highly desirable Koreatown neighborhood of Los Angeles. The property consists of three 2-bedroom/1-bath units and one spacious 3-bedroom/2-bath unit, offering an attractive unit mix for strong rental demand.
One 3-bedroom/2-bath unit will be delivered vacant, providing an excellent opportunity for owner-occupancy or the ability to lease at market rent for additional income upside. The remaining units are currently tenant-occupied, generating stable rental income.
The property is zoned LAR4, presenting potential future development opportunities (buyer to verify). Located in one of the strongest rental markets in Los Angeles, this asset benefits from high tenant demand and long-term investment potential.
Conveniently located with easy access to Downtown Los Angeles, Hollywood, Mid-Wilshire, and USC, all within approximately a 5-mile radius. Public transportation is easily accessible with bus service one block away and metro stations approximately 4–5 blocks away.
Enjoy the vibrant lifestyle of Koreatown with a Walk Score of 95, surrounded by popular restaurants, bars, grocery stores, and everyday conveniences. The property is also located near Seoul International Park, a popular community park known for local events, markets, and cultural activities.
Drive-by only. Please do not walk on the property or disturb occupants.
Prime 4-Unit Investment Opportunity in the Heart of Koreatown – One 3BD/2BA Unit Delivered Vacant!
Rare opportunity to acquire a well-located four-unit income property in the highly desirable Koreatown neighborhood of Los Angeles. The property consists of three 2-bedroom/1-bath units and one spacious 3-bedroom/2-bath unit, offering an attractive unit mix for strong rental demand.
One 3-bedroom/2-bath unit will be delivered vacant, providing an excellent opportunity for owner-occupancy or the ability to lease at market rent for additional income upside. The remaining units are currently tenant-occupied, generating stable rental income.
The property is zoned LAR4, presenting potential future development opportunities (buyer to verify). Located in one of the strongest rental markets in Los Angeles, this asset benefits from high tenant demand and long-term investment potential.
Conveniently located with easy access to Downtown Los Angeles, Hollywood, Mid-Wilshire, and USC, all within approximately a 5-mile radius. Public transportation is easily accessible with bus service one block away and metro stations approximately 4–5 blocks away.
Enjoy the vibrant lifestyle of Koreatown with a Walk Score of 95, surrounded by popular restaurants, bars, grocery stores, and everyday conveniences. The property is also located near Seoul International Park, a popular community park known for local events, markets, and cultural activities.
Drive-by only. Please do not walk on the property or disturb occupants.
Property Facts
| Price Per Unit | $560,587 CAD | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 4,480 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1961 |
| Property Subtype | Apartment | Parking Ratio | 1.12/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | R4 | ||
| Price Per Unit | $560,587 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 4,480 SF |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 1.12/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R4 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 3 | - | - |
| 3+2 | 1 | - | - |
Property Taxes
| Parcel Number | 5080-031-018 | Improvements Assessment | $792,718 CAD |
| Land Assessment | $1,196,560 CAD | Total Assessment | $1,989,278 CAD |
Property Taxes
Parcel Number
5080-031-018
Land Assessment
$1,196,560 CAD
Improvements Assessment
$792,718 CAD
Total Assessment
$1,989,278 CAD
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