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1316 N Kingsley Dr, Los Angeles, CA 90027
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1316 N Kingsley Dr Los Angeles, CA 90027

$1,450,000 Sold Price as of 06/22/2021
  • 7 Beds
  • 6 Baths
  • 4,157 Sq.Ft.
Sold
$1,450,000 Sold Price as of 06/22/2021 Refinance Your Mortgage
Map preview of 1316 N Kingsley Dr, Los Angeles, CA 90027

Property Overview: 1316 N Kingsley Dr Los Angeles, CA has 7 bedrooms, 6 bathrooms, 4,157 living square feet and 8,566 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are proud to present this charming 5 unit property. The property is comprised of 2 buildings and has a total of 7 bedrooms and 6 bathrooms. The original 1913 building has 2 units. The bottom unit has 2 beds and 2 baths as well as a living room, dining area, central heat and dishwasher hook up. The top unit has 2 beds, 1 bath, living room, family room, eat in kitchen, bonus room, a large cedar lined closet, storage room, and partial view of downtown Los Angeles. These 2 units are currently vacant and have wheelchair ramps and a stair lift for the upper unit. Both these units had a permitted expansion (with the exception of one bathroom) and an earthquake retrofit. Buyer to verify all records. The second building has three 1 bed, 1 bath units and was built with permits around the late 1980's. These 3 units are occupied with tenants. They have wall heaters and are up to code. There are 2 covered parking spaces and room for the rest of the units to have at least 1 parking space inside the gated property. There is an exterior laundry room attached to the original building that can be utilized to create more income. All units have separate meters. This is a perfect opportunity for an investor or owner occupied. The original 2 units can be reconfigured to be a large 2 story home as needed. Zoning is LARD1.5. This central location is 2 blocks from Sunset Blvd., very close to Los Angeles Children's Hospital, Kaiser, Mann's Chinese Theater, Hollywood Bowl and more! --

Listed by MADELI NANDA | BRE #02084656 | COLDWELL BANKER TOWN & COUNTRY
Co-listed by MARY MARQUEZ | BRE #00935950 | COLDWELL BANKER TOWN & COUNTRY
Last checked: 13 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 1

Home details

Lot Sq. Ft
8,566
HOA Dues
$0/mo
Year built
1913
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
CV21105213
City
Los Angeles
County
Los Angeles
Time on Site
1091 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
  • # of Leased Units: 3
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 5
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $750
  • Total Rent: $750
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $750
  • Total Rent: $750
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $650
  • Total Rent: $650
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $25,800
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0

Property Details for 1316 N Kingsley Dr

Interior Features
Heating Information
  • Has Heating
  • See Remarks
Laundry Information
  • Has Laundry
  • See Remarks
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Tile, Vinyl, Wood
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 5
  • Parcel Number: 5544038032
  • Year Built Source: Public Records
  • Property is Attached
  • Accessibility Features: Ramp - Main Level, See Remarks
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: From 101 Exit Santa Monica/Western. Go straight. Make a right on Sunset. Right on Kingsley.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks, Storm Drains, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 1316 N Kingsley Dr

Last sold for $1,450,000 on June 22nd, 2021

  • June, 2021

  • Jun 23, 2021

    Date

    Sold

    CRMLS: CV21105213

    $1,450,000

    Price

  • Jun 16, 2021

    Date

    Pending

    CRMLS: CV21105213

    $1,450,000

    Price

  • May 28, 2021

    Date

    Active Under Contract

    CRMLS: CV21105213

    $1,450,000

    Price

  • May 24, 2021

    Date

    Active

    CRMLS: CV21105213

    $1,450,000

    Price

  • February, 1996

  • Feb 13, 1996

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1316 N Kingsley Dr

Assessed Value (2020): $326,382
Year Land Value Improved Value Assessed Value
2020 $94,354 $232,028 $326,382

Home Value Compared to the Market

This property vs the competition

1316 N Kingsley Dr sold on June 22, 2021 for 21.85% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $348.81 per/sqft which puts the price per square foot 53.8% lower than the current median sale per square foot for the city of Los Angeles.

About 1316 N Kingsley Dr

Detailed summary of property

1316 N Kingsley Dr is a multi family that recently sold in Los Angeles, CA 90027. This multi family property offered 7 bedrooms, 6 bathrooms, roughly 4,157 living square feet, and sits on an approximately 8,566 square foot lot. 1316 N Kingsley Dr was first listed on ArdentRealEstateGroup.com on May 24, 2021. The homeowner sold the property for $1,450,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 21.85% higher than the current median priced home. Local homes that are currently for sale include 741 N Harvard Blvd, 800 N Hobart Blvd and 5324 Monroe St. While the average home in Los Angeles, CA is selling in 92 days, 1316 N Kingsley Dr has a days on market of 1 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1316 N Kingsley Dr Los Angeles, CA 90027 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1316 N Kingsley Dr

Public county record property details
Beds
7
Baths
5
Year built
1913
Sq. Ft.
4,157
Lot Size
8,566
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
16
APN
5544-038-032

The source for these homes facts are from public records.

90027 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,370,000
Median List Price/Sq.Ft.
$932
Median Sold Price
$1,785,930
Median Sold Price/Sq.Ft.
$941
Total Inventory
87
Median Sale to List Price %
99.49%
Avg Days on Market
28
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (15.38%), Other (7.69%)

Thinking of Selling?

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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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