Skip To Content

626 -630 N Kingsley Drive

Los Angeles (City), CA 90004
  • $5,700,000
  • STATUS: Active Under Contract
  • ON SITE: 504 Days
  • ID#: 21730610
Under Contract
UPDATED: 67 min ago
$5,700,000
  • 0
    BEDS
  • 0.52
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1987
County:

School Ratings & Info

Listing Agent(s): Andrew Park of Marcus & Millichap (310-909-5500)


Description

626 & 630 N Kingsley Drive, an eighteen unit apartment community portfolio located in the Melrose Hill neighborhood of Los Angeles, adjacent to Koreatown. Originally built in 1987 & 1924, the current owner has owned the building for over 20 years. There will be 13 out of 18 units delivered vacant, the property is perfectly suited for a comprehensive renovation that would allow investors to immediately add value.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-09-29T09:29:50.083. 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 deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
www.tolivebythesea.com/homes/117042071
Print Image

626 -630 N Kingsley Drive Los Angeles (City), CA 90004

  • Price: $5,700,000
  • Status: Active Under Contract
  • On Site: 504 Days
  • Updated: 67 min ago
  • ID#: 21730610
0
Beds
0
Baths
0
½ Baths
0.52
Acres
1987
Built
Neighborhood:
C17 - Mid-Wilshire
County:
Los Angeles
Area:
C17 - Mid-Wilshire
Property Description
626 & 630 N Kingsley Drive, an eighteen unit apartment community portfolio located in the Melrose Hill neighborhood of Los Angeles, adjacent to Koreatown. Originally built in 1987 & 1924, the current owner has owned the building for over 20 years. There will be 13 out of 18 units delivered vacant, the property is perfectly suited for a comprehensive renovation that would allow investors to immediately add value.
Exterior Features

Parking Features GarageSide By SideTandem Parking Total 29

Interior Features

Appliances Refrigerator Cooling Central AirWall/Window Unit(S) Cooling YN Yes Flooring BambooLaminateTile Heating CentralWall Furnace Heating YN Yes

Property Features

Additional Parcels YN Yes Association Fee 0 Community Features Gated Garage YN Yes Gross Income 540720 Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 384992 New Construction YN No Security Features Gated CommunitySmoke Detector(S) Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGas Zoning Lar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-09-29T09:29:50.083. 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 deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365457936-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365457936-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365457936-2.jpg
Logo
Beach City Brokers | BCB Premier Estates | The Miller Group
1716 South Catalina Avenue
Redondo Beach CA, 90277
Listing Agent(s): Andrew Park of Marcus & Millichap (310-909-5500)