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1167 N Kingsley Dr, Los Angeles, CA 90029
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1167 N Kingsley Dr Los Angeles, CA 90029

$1,549,000
  • 10 Beds
  • 6 Baths
  • 6,176 Sq.Ft.
For Sale
$1,549,000 Get Pre-Qualified
Map preview of 1167 N Kingsley Dr, Los Angeles, CA 90029

Property Overview: 1167 N Kingsley Dr Los Angeles, CA has 10 bedrooms, 6 bathrooms, 6,176 living square feet and 7,823 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: 1167 N Kingsley Dr is a 6-unit apartment building located in the dynamic Little Armenia Neighborhood of East Hollywood. This is a charming property that has been extremely well maintained by the current ownership. The property features an attractive unit mix of three one bedroom, one-bathroom units, two two-bedroom, one-bathroom units and one three-bedroom, one-bathroom unit. The property features large units with each unit averaging over 1,000 square feet. With 27% upside and one vacancy, this is an enticing value-add project for a clever investor.

Listed by Adam Feldman | BRE #02090792 | Matthews Real Estate Investment Services
Last checked: 5 minutes ago | Last updated: August 8th, 2024 | Source CRMLS | DOM: 68
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Home details

Lot Sq. Ft
7,823
HOA Dues
$0/mo
Year built
1938
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24413013
City
Los Angeles
County
Los Angeles
Time on Site
72 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,459
  • Total Rent: $4,376
  • Pro Forma/Market Rent: $5,850
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,780
  • Total Rent: $3,559
  • Pro Forma/Market Rent: $4,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,754
  • Total Rent: $2,754
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 12.08
  • Gross Scheduled Income: --
  • Net Operating Income: $75,120
  • Gross Operating Income: $123,366
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 1167 N Kingsley Dr

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Property Details for 1167 N Kingsley Dr

Interior Features
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
Property Information
  • Total # of Units: 6
  • Parcel Number: 5537010004
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of Santa Monica Blvd and South Of Fountain
View more facts & features

Local Los Angeles Agent

Sale History for 1167 N Kingsley Dr

Last sold for $660,000 on July 31st, 2003

  • July, 2024

  • Jul 9, 2024

    Date

    Active

    CRMLS: 24413013

    $1,549,000

    Price

  • July, 2003

  • Jul 31, 2003

    Date

    Sold (Public Records)

    Public Records

    $660,000

    Price

  • July, 2001

  • Jul 5, 2001

    Date

    Sold (Public Records)

    Public Records

    $80,000

    Price

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Tax History for 1167 N Kingsley Dr

Assessed Value (2020): $858,122
Year Land Value Improved Value Assessed Value
2020 $520,015 $338,107 $858,122

Home Value Compared to the Market

This property vs the competition

1167 N Kingsley Dr is listed 29.08% 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 $768 and this home is listed at $250.81 per/sqft which puts the price per square foot 67.34% lower than the median price per square foot for the city of Los Angeles.

About 1167 N Kingsley Dr

Detailed summary of property

1167 N Kingsley Dr is a multi family located in Los Angeles, CA 90029 and is currently for sale. This multi family property offers 10 bedrooms, 6 bathrooms, roughly 6,176 living square feet, and sits on an approximately 7,823 square foot lot. 1167 N Kingsley Dr was first listed on ArdentRealEstateGroup.com on July 9, 2024. The homeowner is currently asking $1,549,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 29.08% higher than the median priced home. Local competing homes currently for sale include 5608 Fernwood Ave, 605 N Hobart Blvd and 971 N Wilton Pl. While the average home in Los Angeles, CA is selling in 106 days, 1167 N Kingsley Dr has a days on market of 68 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1167 N Kingsley Dr Los Angeles, CA 90029 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1167 N Kingsley Dr

Public county record property details
Beds
10
Baths
6
Year built
1938
Sq. Ft.
6,176
Lot Size
7,821
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
42
APN
5537-010-004

The source for these homes facts are from public records.

90029 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,022,990
Median List Price/Sq.Ft.
$737
Median Sold Price
$672,500
Median Sold Price/Sq.Ft.
$724
Total Inventory
32
Median Sale to List Price %
105.24%
Avg Days on Market
16
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

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Homes for Sale Near 1167 N Kingsley Dr

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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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