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960 S Kingsley Dr, Los Angeles, CA, 90006

9beds
5baths
4,480sqft
$1,590,000
$355price/sqft
$10,993/moest. monthly cost
$439,720/yrincome needed

About This Home

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. Three of the units have been upgraded within the past few years, enhancing the property’s overall condition and rental appeal. 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.

Getting Around

97
WalkingWalker's Paradise
75
TransitExcellent Transit
68
BikeBikeable

Construction

Condition

  • Year built: 1920

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Appliances

  • Laundry features: See Remarks

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 5

Features

  • Common walls with other units/homes: No Common Walls

Interior Area

  • Total structure area: 4,480
  • Total interior livable area: 4,480 sqft

Property

Details

  • Parcel number: 5080031018
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: 1
  • Pool features: None

Lot

  • Lot size: 5,909 sqft
  • Features: 2-5 Units/Acre

Parking

  • Total spaces: 6
  • Uncovered spaces: 6