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1144 S Kingsley Dr, Los Angeles, CA 90006
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1144 S Kingsley Dr Los Angeles, CA 90006

$1,590,000
  • 19 Beds
  • 16 Baths
  • 4,121 Sq.Ft.
For Sale
$1,590,000 Get Pre-Qualified
Map preview of 1144 S Kingsley Dr, Los Angeles, CA 90006

Property Overview: 1144 S Kingsley Dr Los Angeles, CA has 19 bedrooms, 16 bathrooms, 4,121 living square feet and 5,907 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Coldwell Banker Realty is pleased to present the opportunity to acquire a four-unit apartment building in the Olympic Park-Koreatown neighborhood of Los Angeles. This property boasts a diverse unit mix, featuring 2 three-bedroom and two-bathroom units, 1 two-bedroom and two-bathroom unit, and 1 one-bedroom and one-bathroom unit. Gas and electricity are independently metered, while water is centrally metered. The construction combines stucco and wood-frame elements and offers 5 parking spaces for on-site tenants. Given that rents are currently below market value and the area is undergoing continued gentrification, investors will recognize the value in seizing this opportunity.

Listed by Bo Hyeok Kim | BRE #01968218 | Coldwell Banker Realty
Last checked: 15 minutes ago | Last updated: July 22nd, 2024 | Source CRMLS | DOM: 168
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Home details

Lot Sq. Ft
5,907
HOA Dues
$0/mo
Year built
1922
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24377217
City
Los Angeles
County
Los Angeles
Time on Site
174 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 3
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,384
  • Total Rent: $1,384
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,140
  • Total Rent: $2,140
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,214
  • Total Rent: $1,214
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 4
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,033
  • Total Rent: $2,023
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 19.56
  • Gross Scheduled Income: --
  • Net Operating Income: $33,257
  • Gross Operating Income: $81,257
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1144 S Kingsley Dr

Interior Features
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Size Source: Other
Property Information
  • Total # of Units: 4
  • Parcel Number: 5080029016
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Near Kingsley and 11th Street
View more facts & features

Local Los Angeles Agent

Sale History for 1144 S Kingsley Dr

Last sold on May 20th, 2019

  • April, 2024

  • Apr 7, 2024

    Date

    Active

    CRMLS: 24377217

    $1,590,000

    Price

  • August, 2019

  • Aug 29, 2019

    Date

    Expired

    CRMLS: 18380166

    $1,400,000

    Price

  • Dec 30, 2018

    Date

    Withdrawn

    CRMLS: 18380166

    $1,400,000

    Price

  • Oct 8, 2018

    Date

    Price Change

    CRMLS: 18380166

    $1,400,000

    Price

  • Aug 28, 2018

    Date

    Active

    CRMLS: 18380166

    $1,475,000

    Price

  • Listing provided courtesy of CRMLS

    Rosano Partners is pleased to present the opportunity to acquire a four-unit apartment building in the Olympic Park-Koreatown neighborhood of Los Angeles. Built in 1922, the subject property offers a unit mix of 2 three-bedroom and two-bathroom, 1 two-bedroom and two-bathroom, 1 one bedroom and one bathroom. Gas and electricity are separately metered while water is mastered. The construction is made up of stucco and wood-frame and accommodates 5 parking spots for on-site tenants.

  • May, 2019

  • May 20, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • April, 2019

  • Apr 22, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,340,000

    Price

Show More

Tax History for 1144 S Kingsley Dr

Assessed Value (2020): $1,394,136
Year Land Value Improved Value Assessed Value
2020 $1,082,016 $312,120 $1,394,136

Home Value Compared to the Market

This property vs the competition

1144 S Kingsley Dr is listed 32.5% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $771 and this home is listed at $385.83 per/sqft which puts the price per square foot 49.96% lower than the median price per square foot for the city of Los Angeles.

About 1144 S Kingsley Dr

Detailed summary of property

1144 S Kingsley Dr is a multi family located in Los Angeles, CA 90006 and is currently for sale. This multi family property offers 19 bedrooms, 16 bathrooms, roughly 4,121 living square feet, and sits on an approximately 5,907 square foot lot. 1144 S Kingsley Dr was first listed on ArdentRealEstateGroup.com on April 7, 2024. The homeowner is currently asking $1,590,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $771. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 32.5% higher than the median priced home. Local competing homes currently for sale include 1147 Fedora St, 2904 W 14th St and 1561-1 S Harvard Blvd. While the average home in Los Angeles, CA is selling in 106 days, 1144 S Kingsley Dr has a days on market of 168 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 1144 S Kingsley Dr Los Angeles, CA 90006 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1144 S Kingsley Dr

Public county record property details
Beds
9
Baths
7
Year built
1922
Sq. Ft.
4,121
Lot Size
5,907
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
16
APN
5080-029-016

The source for these homes facts are from public records.

90006 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,000
Median List Price/Sq.Ft.
$608
Median Sold Price
$760,000
Median Sold Price/Sq.Ft.
$597
Total Inventory
31
Median Sale to List Price %
87.46%
Avg Days on Market
75
Loan Type
Conventional (42.86%), FHA (0%), VA (0%), Cash (0%), Other (42.86%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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