634 N Kingsley Drive, Los Angeles, CA 90004 - Berkshire Hathaway HomeServices California Properties

634 N Kingsley Drive, Los Angeles, CA 90004

$3,295,000 Approx. USD 16 beds, 16 baths
11,564 sqft

New Listing

Listing Agent


Trevor Bergher | trevorb@weahomes.com
Lic#: 02103899
Broker: Courtesy of Westside Estate Agency Inc.

Agent Remarks

Presenting an exceptional investment opportunity at 634 North Kingsley Drive, a well-managed 16-unit multifamily property located in the heart of Mid-Wilshire. Built in 1954, this asset comprises 16 one-bedroom/one-bathroom units, with upgraded units featuring laminate flooring, granite countertops, wall-mounted HVAC systems, and modern kitchen appliances. The property offers significant value-add potential, with current rents approximately 29% below market rates. One renovated vacant unit provides an immediate opportunity for income maximization. Recent lease agreements for units 3, 15 and 17 affirm the market rent for the area. Key property features include parking for 13 vehicles, an on-site laundry facility, and individually metered gas and electric utilities for each unit. Notably, the property requires no soft story retrofit, minimizing potential capital expenditures. The property boasts a Walk Score of 90, with close proximity to shops, restaurants, and retail along Melrose Avenue and Beverly Boulevard. It is also conveniently situated within a short drive of Hollywood, Downtown Los Angeles, West Hollywood, and Beverly Hills, and is within walking distance of the Metro B Line (Red) at Vermont/Beverly Station.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25513042
Price: $3,295,000
Beds: 16
Baths: 16
Built in 1954
11,564 sqft
2 stories
0.29 acres
Lot size: 0.2933
County: Los Angeles
Zoning: LAR3
Interior features: Ceiling Fan(s)
Appliances: Dishwasher,Refrigerator
Parking description: Assigned
Heating/cooling: Wall/Window Unit(s)
Heating description: Wall Furnace
MLS area: C17 - Mid-Wilshire

Last Updated: 3/18/2025

 Days On Market (DOM): 1

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This listing belongs to the C17 - Mid-Wilshire MLS area

Lat/Long: 34.082695, -118.302899.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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