1229 Kingsley DrLos Angeles, CA 90006

This exceptional 3-story apartment building, constructed in 2020, presents a compelling investment opportunity in the heart of Los Angeles. Boasting a total of 5,344 square feet on a 5,897 square foot lot (APN 5080-027-007), the property features six units with 100% occupancy, generating a strong net operating income (NOI) of $141,960. The unit mix includes four spacious 2-bedroom, 2-bathroom units and two 1-bedroom, 1-bathroom units, catering to a diverse tenant base. Each unit is designed with modern kitchens featuring top-tier appliances, high ceilings, and abundant natural light. The beautifully landscaped grounds offer a tranquil setting for residents. Located in a high-demand area of Los Angeles (90006), this R3-1 zoned property benefits from its proximity to major highways, shopping, dining, and entertainment. The strong rental income and prime location make this a highly desirable investment with significant potential for appreciation. This is a turnkey operation with exceptional returns. The property's location offers unparalleled convenience and access to the best that Los Angeles has to offer.