$1,200,000
$1,300,000
7.7%For more information regarding the value of a property, please contact us for a free consultation.
732 N Kingsley Los Angeles, CA 90029
7,313 Sqft Lot
Key Details
Sold Price $1,200,000
Property Type Apartment
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB26033924
Sold Date 06/05/26
Construction Status Turnkey
HOA Y/N No
Year Built 1986
Annual Tax Amount $9,937
Tax Year 2025
Lot Size 7,313 Sqft
Property Sub-Type Apartment
Property Description
Exceptional 5-unit apartment building located in the highly desirable East Hollywood / Mid-Wilshire submarket of Los Angeles. Built in 1986, this well-maintained property consists of approximately 4,543 square feet situated on a 7,314 square foot LARD1.5 zoned lot, offering both stable in-place income and long-term value appreciation potential.
The unit mix features a total of 11 bedrooms and 6 bathrooms across five units, providing strong rental demand in a centrally located neighborhood known for its walkability (Walk Score 96) and proximity to major employment centers, public transportation, shopping, dining, and entertainment along Melrose Avenue and Santa Monica Boulevard.
The property benefits from controlled access, on-site parking, and a desirable two-story layout. Built post-1978, the asset offers operational advantages compared to older vintage buildings in the surrounding area. The LARD1.5 zoning also presents future redevelopment or value-add considerations (buyer to verify).
Conveniently located near Hollywood, Koreatown, and Downtown Los Angeles, this offering represents a compelling opportunity for investors seeking a well-located, income-producing asset in one of Los Angeles' most dynamic rental markets.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Zoning LARD1.5
Interior
Interior Features All Bedrooms Down
Heating Central
Cooling Central Air
Fireplaces Type None
Fireplace No
Appliance Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater
Laundry Common Area
Exterior
Parking Features None
Garage Spaces 7.0
Garage Description 7.0
Fence Average Condition
Pool None
Community Features Urban
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
View Y/N No
View None
Roof Type Composition,Shingle
Total Parking Spaces 7
Private Pool No
Building
Lot Description 2-5 Units/Acre
Faces West
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 5535036020
Acceptable Financing Cash, 1031 Exchange
Listing Terms Cash, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Hajime Kakuuchi NONMEMBER MRML
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