Investment Opportunity – Koreatown 4-Unit Property
Prime 4-Unit Investment Opportunity in the Heart of Koreatown – One 3BD/2BA Unit Delivered Vacant!
Rare opportunity to acquire a well-located four-unit income property in the highly desirable Koreatown neighborhood of Los Angeles. The property consists of three 2-bedroom/1-bath units and one spacious 3-bedroom/2-bath unit, offering an attractive unit mix for strong rental demand. Three of the units have been upgraded within the past few years, enhancing the property’s overall condition and rental appeal.
One 3-bedroom/2-bath unit will be delivered vacant, providing an excellent opportunity for owner-occupancy or the ability to lease at market rent for additional income upside. The remaining units are currently tenant-occupied, generating stable rental income.
The property is zoned LAR4, presenting potential future development opportunities (buyer to verify). Located in one of the strongest rental markets in Los Angeles, this asset benefits from high tenant demand and long-term investment potential.
Conveniently located with easy access to Downtown Los Angeles, Hollywood, Mid-Wilshire, and USC, all within approximately a 5-mile radius. Public transportation is easily accessible with bus service one block away and metro stations approximately 4–5 blocks away.
Enjoy the vibrant lifestyle of Koreatown with a Walk Score of 95, surrounded by popular restaurants, bars, grocery stores, and everyday conveniences. The property is also located near Seoul International Park, a popular community park known for local events, markets, and cultural activities.
Drive-by only. Please do not walk on the property or disturb occupants.
Listed by Young Hong
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License #01967916
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New Star Realty & Investment
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213-820-0218
Last updated May 01, 2026
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Source: CRMLS #SR26039653
Listing Facts
TypeMulti-family
NeighborhoodWilshire Center - Koreatown
Days on Prevu67
Amenities
Parking
Location
Mortgage Calculator
Listing History
05/01/2026
Price Decreased
$1,590,000
02/23/2026
Listed by New Star Realty & Investment
$1,649,000
Property Details for 960 S Kingsley
Association
Amenities
Community Features: Sidewalks
Exterior
Construction
Number Of Units Total: 4
Stories: 2
Stories Total: 2
Year Built: 1920
Common Walls: No Common Walls
Entry Level: 1
Entry Location: 1
Measurements
Building Area Total: 4,480
Building Area Units: Square Feet
Lot Features: 2-5 Units/Acre
Lot Size Acres: 0.13
Lot Size Area: 5,909
Lot Size Source: Assessor
Lot Size Square Feet: 5,909
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 5080031018
Other
Location
Tax Block: 11
Tax Lot: 22
Parking
Parking
Open Parking Spaces: 6
Parking Total: 6
Utilities
Equipment
Laundry Features: See Remarks
Sewer: Public Sewer
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 960 S Kingsley.
Does this multi-family home have parking?
Yes, there are 6 parking spaces available for 960 S Kingsley.
How does 960 S Kingsley compare to other multi-family homes in Wilshire Center - Koreatown?
This multi-family home is listed 43% below the average price for multi-family homes in Wilshire Center - Koreatown and has been on the market for 27 less days than the typical home in this area.
960 S Kingsley is a -bedroom multi-family home for sale in Los Angeles CA 90006. On Prevu for 67 days at $1,590,000. This includes a recent price decrease of $59,000. This home is located in Wilshire Center - Koreatown. The median listing price for multi-family homes in this area is $1,200,000. Property amenities include parking. View other multi-family home listings in Los Angeles.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.