732 N Kingsley, Los Angeles, CA 90029
- $1,200,000
- Sold Price
- $1,200,000
- List Price
- $1,300,000
- Closing Date
- Jun 05, 2026
- Status
- CLOSED
- MLS#
- SB26033924
- Year Built
- 1986
- Lot Size
- 7,314
- Acres
- 0.17
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 39
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
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.
Additional Information
- Taxes
- $9,937
- Appliances
- Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater
- Pool Description
- None
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- View
- None
- Roof
- Composition, Shingle
- Garage Spaces Total
- 7
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- All Bedrooms Down
- Attached Structure
- Attached
- Number Of Units Total
- 5
- Gross Scheduled Income
- $77,844
- Operating Expense
- 25883
Listing courtesy of Listing Agent: Makoto Ozaki (slc84124@icloud.com) from Listing Office: Person Realty Inc..
Listing sold by Hajime Kakuuchi from NONMEMBER MRML
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.