1250 N Kingsley Dr Los Angeles, CA 90029

$3,221,500 Sold Price as of 10/19/2007

-- Beds
-- Baths
17,678 Sq.Ft.

Off Market

$3,221,500 Sold Price as of 10/19/2007 Refinance Your Mortgage

Map preview of 1250 N Kingsley Dr, Los Angeles, CA 90029

Property Overview: 1250 N Kingsley Dr Los Angeles, CA has -- bedrooms, -- bathrooms, 17,678 living square feet and 15,791 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1250 N Kingsley Dr is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1250 N Kingsley Dr

Last sold for $3,221,500 on October 19th, 2007

September, 2021
Sep 15, 2021

Date

Expired

CRMLS: 21760746

$6,100,000

Price
Jul 14, 2021

Date

Active

CRMLS: 21760746

$6,100,000

Price
Listing provided courtesy of CRMLS

1250 N. Kingsley, Kingsley Terrace, is a 24-unit two story complex with ample parking (34 spaces for 24 units). Close to all the action in Hollywood, this charming complex is a gated and features a recently-resurfaced swimming pool, a laundry room and balcony units in the rear of the property. There is a current vendor agreement in place for seismic retrofitting that can be assigned to new buyer. A 10%deposit has been paid toward the cost of the work leaving a balance of $67,500. The building is separately metered for gas and electric. ALL UNITS HAVE AIR CONDITIONING! This property is part of a 10-property portfolio totaling 186 units. Most of the properties are in the 90029 & 90006 zip codes of Los Angeles, CA. These well-located properties offer convenient access to Downtown Los Angeles & Mid-Wilshire and can be managed efficiently due to their proximity to one another. The properties are well maintained and have had many exterior and interior improvements. There is still +28% upside to be realized as units turn and the opportunity to construct two additional units already permitted at 1006 Mariposa. This infill multifamily portfolio is in an improving submarket in LA and gives an investor diversification amongst 12 different APNs and proven upside through continued unit turns.

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October, 2007
Oct 19, 2007

Date

Sold (Public Records)

Public Records

$3,221,500

Price
February, 2005
Feb 11, 2005

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 1250 N Kingsley Dr

Assessed Value (2020): $3,871,660

Year	Land Value	Improved Value	Assessed Value
2020	$2,642,300	$1,229,360	$3,871,660

About 1250 N Kingsley Dr

Detailed summary of property

1250 N Kingsley Dr is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90029 and last sold on October 19, 2007 for $3,221,500. This property has -- bedrooms, -- bathrooms, roughly 17,678 living square feet, and sits on an approximately 15,791 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 187.63% higher than the current median priced home. 1250 N Kingsley Dr was last sold on October 19, 2007 for $3,221,500. Local nearby listings include 1245 N New Hampshire Ave #4, 5666 W Lexington Ave #1 and 1149 N New Hampshire Ave. The average home in Los Angeles, CA is selling in 106 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. If you are the homeowner and looking to sell the home at 1250 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 1250 N Kingsley Dr

Public county record property details

Beds: --
Baths: --
Year built: 1960
Sq. Ft.: 17,678
Lot Size: 15,791
Stories: --

Type: Apartment House (5+ Units)
Pool: Yes
Spa: No
County: Los Angeles
Lot#: 7,8
APN: 5537-014-031

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.

$714

Median Sold Price

$672,500

Median Sold Price/Sq.Ft.

$724

Total Inventory

Median Sale to List Price %

105.24%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

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