126 N Kingsley Dr, Los Angeles, CA 90004
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126 N Kingsley Dr Los Angeles, CA 90004

$1,750,000
  • 5 Beds
  • 5 Baths
  • 2,202 Sq.Ft.
For Sale
$1,750,000 Get Pre-Qualified

Map preview of 126 N Kingsley Dr, Los Angeles, CA 90004

Property Overview: 126 N Kingsley Dr Los Angeles, CA has 5 bedrooms, 5 bathrooms, 2,202 living square feet and 6,171 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: Discover a rare investment opportunity in the heart of Koreatown, Los Angeles with this 4-unit property. Situated in a vibrant location with close proximity to key amenities, attractions, schools, and transportation, this versatile property offers a mix of units to suit various living arrangements. The main home features 3 bedrooms, with the den cleverly converted into a 4th bedroom, while two additional units provide 1 bedroom and 1 bath each. A studio in the rear adds flexibility to the investment potential. With ample parking and strategic location, this property is ideal for both investors seeking consistent income and residents looking for a central, culturally rich living experience.

Listed by James Paul Valerio | BRE #02001410 | The Valerio Group, Inc.
Last checked: 13 minutes ago | Last updated: July 1st, 2024 | Source CRMLS | DOM: 6
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Home details

Lot Sq. Ft
6,171
HOA Dues
$0/mo
Year built
1911
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24408711
City
Los Angeles
County
Los Angeles
Time on Site
6 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,950
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $1,350
  • Pro Forma/Market Rent: $1,950
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,200
  • Total Rent: $2,200
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $750
  • Total Rent: $750
  • Pro Forma/Market Rent: $1,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 31.35
  • Gross Scheduled Income: --
  • Net Operating Income: $62,220
  • Gross Operating Income: $62,220
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 126 N Kingsley Dr

Interior Features
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Driveway
Property Information
  • No View
  • View: None
  • Total # of Units: 4
  • Parcel Number: 5517022032
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: S of Beverly, N of 3rd St. W of Normandie, E of Western.
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Sale History for 126 N Kingsley Dr

Last sold for $275,000 on July 31st, 2001
  • June, 2024

  • Jun 26, 2024

    Date

    Active

    CRMLS: 24408711

    $1,750,000

    Price

  • June, 2024

  • Jun 4, 2024

    Date

    Expired

    CRMLS: 23337647

    $1,950,000

    Price

  • Dec 7, 2023

    Date

    Active

    CRMLS: 23337647

    $1,950,000

    Price

  • Listing provided courtesy of CRMLS

    The seller may be open to carrying a second note (i.e., seller carry-back, seller financing) - call for more information. Discover a rare investment opportunity in the heart of Koreatown, Los Angeles with this 4-unit property. Situated in a vibrant location with close proximity to key amenities, attractions, schools, and transportation, this versatile property offers a mix of units to suit various living arrangements. The main home features 3 bedrooms, with the den cleverly converted into a 4th bedroom, while two additional units provide 1 bedroom and 1 bath each. A studio in the rear adds flexibility to the investment potential. With ample parking and strategic location, this property is ideal for both investors seeking consistent income and residents looking for a central, culturally rich living experience.

  • July, 2001

  • Jul 31, 2001

    Date

    Sold (Public Records)

    Public Records

    $275,000

    Price

  • July, 1997

  • Jul 18, 1997

    Date

    Sold (Public Records)

    Public Records

    $160,000

    Price

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Tax History for 126 N Kingsley Dr

Assessed Value (2020): $371,918
Year Land Value Improved Value Assessed Value
2020 $337,695 $34,223 $371,918

Home Value Compared to the Market

This property vs the competition

126 N Kingsley Dr is listed 41.59% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $775 and this home is listed at $794.73 per/sqft which puts the price per square foot 2.55% higher than the median price per square foot for the city of Los Angeles.

About 126 N Kingsley Dr

Detailed summary of property

126 N Kingsley Dr is a multi family located in Los Angeles, CA 90004 and is currently for sale. This multi family property offers 5 bedrooms, 5 bathrooms, roughly 2,202 living square feet, and sits on an approximately 6,171 square foot lot. 126 N Kingsley Dr was first listed on ArdentRealEstateGroup.com on June 26, 2024. The homeowner is currently asking $1,750,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $775. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 41.59% higher than the median priced home. Local competing homes currently for sale include 1000 N Oxford Ave, 747 N Wilton Pl and 5418 Lemon Grove Ave. While the average home in Los Angeles, CA is selling in 99 days, 126 N Kingsley Dr has a days on market of 6 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 126 N Kingsley Dr Los Angeles, CA 90004 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 126 N Kingsley Dr

Public county record property details
Beds
3
Baths
5
Year built
1911
Sq. Ft.
2,202
Lot Size
6,334
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
42,43
APN
5517-022-032

The source for these homes facts are from public records.

90004 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,300,000
Median List Price/Sq.Ft.
$764
Median Sold Price
$1,075,000
Median Sold Price/Sq.Ft.
$764
Total Inventory
67
Median Sale to List Price %
93.56%
Avg Days on Market
31
Loan Type
Conventional (14.29%), FHA (0%), VA (0%), Cash (14.29%), Other (28.57%)

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Related Resources to 126 N Kingsley Dr

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.