634 N Kingsley Drive
Los Angeles, CA 90004
- – beds
- – baths
- – sqft
- 12,774 sqft lot
- 1954 build
- – on site
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.
Last checked:
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Last updated Mar 18, 2025
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MLS# 25513042 —
The Building
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Year Built:1954
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New Construction:No
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Building Area Total:11564.00
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Total Number Of Units:16
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# of Buildings:1
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Stories Total:2
Interior
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Features:Ceiling Fan(s)
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Levels:Two
Financial & Terms
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Disclosures:LA/Owner Related
Location
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Directions:North of Beverly Blvd / South of Melrose Ave / West of Normandie Ave / East of Western Ave
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Latitude:34.08269500
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Longitude:-118.30289900
The Property
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Property Type:Residential Income
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Zoning:LAR3
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Lot Size Area:12774.0000
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Lot Size Acres:0.2933
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Lot Size SqFt:12774.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5521007022
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:Yes
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Cooling:Wall/Window Unit(s)
Appliances
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Appliances:Dishwasher, Refrigerator
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Assigned
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Parking Spaces:13.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/18/25
Mar 18, 2025
|
Listed / Active | CRMLS_CA | $3,295,000 | 37.3% (3.7% / YR) |
9/3/24
Sep 3, 2024
|
Listed / Active | CRMLS_CA | ||
6/11/24
Jun 11, 2024
|
Listed / Active | CRMLS_CA |