Condominium buy in Parklabrea California

626 & 630 N Kingsley Drive, an eighteen unit apartment community portfolio located in the Melrose Hill neighborhood of Los Angeles, adjacent to Koreatown. Originally built in 1987 & 1924, the current owner has owned the building for over 20 years. There will be 13 out of 18 units delivered vacant, the property is perfectly suited for a comprehensive renovation that would allow investors to immediately add value. MLS® ID: 21730610 Listed: 5/7/21 Updated: 10/16/22 Interior Features Kitchen Appliances: Refrigerator Total Bedrooms: 0 Total Bathrooms: 0 Laundry Description: Common Area Floor Description: Bamboo, Laminate, Tile Cooling: Central Air, Wall/Window Unit(s) Heating: Central, Wall Furnace Exterior/Building Features Lot Size: 0.52 acres lot Other Property Details Area Name: C17 - Mid-Wilshire HOA Amenities: Gated Garage: Yes Parking: Garage, Side By Side, Tandem Parking Total: 29.0 View: N County: Los Angeles Pool: No Total Stories: 2 Zoning: LAR3 Property History Date Event Price Value 7/22/22 Active Under Contract - - 6/22/21 Pending - - 6/7/21 Price Change $5,700,000 -3% 5/28/21 Active - - 5/23/21 Pending - - Courtesy of Marcus & Millichap, Andrew Park, Listing Contact: Based on information from California Regional Multiple Listing Service, Inc. as of 10/16/22. 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.