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1214 N Kingsley Dr, Los Angeles, CA 90029
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1214 N Kingsley Dr Los Angeles, CA 90029

$3,500,000
  • 10 Beds
  • 9 Baths
  • 6,703 Sq.Ft.
For Sale
$3,500,000 Get Pre-Qualified
Map preview of 1214 N Kingsley Dr, Los Angeles, CA 90029

Property Overview: 1214 N Kingsley Dr Los Angeles, CA has 10 bedrooms, 9 bathrooms, 6,703 living square feet and 7,893 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: Welcome to this remarkable 8-unit apartment building nestled in the heart of East Hollywood. Comprising six one-bedroom, one-bathroom units, and two two-bedroom, one-and-a-half bathroom units, this property offers a stable and attractive long-term investment opportunity. The building boasts a total of 6,703 rentable square feet, providing ample space for residents to call home. Each unit is equipped with individual gas and electricity meters, ensuring efficient utility management. Extensive renovations have been completed throughout all units, enhancing their appeal and desirability. Its central location in Little Armenia offers easy access to the Metro, LA City College, Griffith Park, Los Feliz, Silver Lake, Echo Park, and DTLA. Close to shopping, dining, and parks. Don't miss this exceptional opportunity to invest in a well-maintained multifamily building in a burgeoning neighborhood with a bright future.

Listed by Haik Bokhchalian | BRE #01325511 | JohnHart Real Estate
Last checked: 11 minutes ago | Last updated: February 5th, 2024 | Source CRMLS | DOM: 215
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Home details

Lot Sq. Ft
7,893
HOA Dues
$0/mo
Year built
1957
Garage
--
Property Type:
Apartment
Status
Active
MLS#
SR23167842
City
Los Angeles
County
Los Angeles
Time on Site
231 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
  • # of Electric Meters: 9
  • # of Gas Meters: 9
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,102
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,150
  • Total Rent: $0
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,668
  • Total Rent: $0
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,990
  • Total Rent: $0
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,700
  • Total Rent: $0
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,167
  • Total Rent: $0
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,668
  • Total Rent: $0
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,540
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $170,000
  • Net Operating Income: $142,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $28,000
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0

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Property Details for 1214 N Kingsley Dr

Interior Features
Laundry Information
  • Has Laundry
  • Outside
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: Condominium
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 8
  • Parcel Number: 5537014010
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: in between: Fountain Ave and Santa Monica Blvd
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local Los Angeles Agent

Sale History for 1214 N Kingsley Dr

Last sold for $1,125,000 on May 14th, 2019

  • September, 2023

  • Sep 8, 2023

    Date

    Active

    CRMLS: SR23167842

    $3,500,000

    Price

  • May, 2019

  • May 14, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,125,000

    Price

Show More

Tax History for 1214 N Kingsley Dr

Assessed Value (2020): $1,147,500
Year Land Value Improved Value Assessed Value
2020 $918,000 $229,500 $1,147,500

Home Value Compared to the Market

This property vs the competition

1214 N Kingsley Dr is listed 180.22% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $522.15 per/sqft which puts the price per square foot 32.36% lower than the median price per square foot for the city of Los Angeles.

About 1214 N Kingsley Dr

Detailed summary of property

1214 N Kingsley Dr is a apartment located in Los Angeles, CA 90029 and is currently for sale. This apartment offers 10 bedrooms, 9 bathrooms, roughly 6,703 living square feet, and sits on an approximately 7,893 square foot lot. 1214 N Kingsley Dr was first listed on ArdentRealEstateGroup.com on September 8, 2023. The homeowner is currently asking $3,500,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 180.22% higher than the median priced home. Local competing homes currently for sale include 548 N Westmoreland Ave, 1542 N Hoover St and 1542 N Hoover St. While the average home in Los Angeles, CA is selling in 97 days, 1214 N Kingsley Dr has a days on market of 215 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 1214 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 1214 N Kingsley Dr

Public county record property details
Beds
10
Baths
10
Year built
1957
Sq. Ft.
6,703
Lot Size
7,893
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
10
APN
5537-014-010

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
$1,199,000
Median List Price/Sq.Ft.
$794
Median Sold Price
$711,000
Median Sold Price/Sq.Ft.
$652
Total Inventory
32
Median Sale to List Price %
102.3%
Avg Days on Market
8
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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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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