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1729 S Kingsley Dr, Los Angeles, CA 90006
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1729 S Kingsley Dr Los Angeles, CA 90006

$1,275,000 Sold Price as of 02/07/2024
  • 10 Beds
  • 6 Baths
  • 4,204 Sq.Ft.
Sold
$1,275,000 Sold Price as of 02/07/2024 Refinance Your Mortgage
Map preview of 1729 S Kingsley Dr, Los Angeles, CA 90006

Property Overview: 1729 S Kingsley Dr Los Angeles, CA has 10 bedrooms, 6 bathrooms, 4,204 living square feet and 5,844 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to 1729 S Kingsley Dr, an exceptional 5-unit multi-family investment property situated in mid Los Angeles! This 4,204 square foot property is positioned on a 5,842 square foot lot, providing ample space for potential income. The prime location places you right in the heart of Los Angeles, mere minutes away from a plethora of city offerings, including fantastic restaurants, nightlife attractions, parks, shopping malls, entertainment spots, and more! Originally built in 1907, this multi-family property has undergone recent renovations, seamlessly blending modern amenities with its original character and charm. The professionally landscaped grounds feature lush, city-centric landscaping with strategically placed trees and shrubbery, bordered by newly poured concrete work. Comprising 10 spacious bedrooms and 6 well-appointed bathrooms, this investment property is ideal for rental tenants or as a residence for family members. This beautiful multi-family property presents a unique opportunity to generate income while immersing yourself in the vibrancy of city life. Don't miss out on this distinctive investment opportunity in the heart of Los Angeles! Contact us today for more information and to schedule a viewing.

Listed by Max Lee | BRE #01905008 | eXp Realty of California Inc
Last checked: 9 minutes ago | Last updated: June 1st, 2024 | Source CRMLS | DOM: 4

Home details

Lot Sq. Ft
5,844
HOA Dues
$0/mo
Year built
1907
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
24344981
City
Los Angeles
County
Los Angeles
Time on Site
174 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $3,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $564
  • Total Rent: $564
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.1%
  • Gross Rent Multiplier: 11.39
  • Gross Scheduled Income: --
  • Net Operating Income: $85,378
  • Gross Operating Income: $121,968
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1729 S Kingsley Dr

Interior Features
Heating Information
  • Has Heating
  • Central
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Multi/Split
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Carport
Property Information
  • Total # of Units: 5
  • Parcel Number: 5074022014
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Santa Monica 10 Freeway/W of Normandie, N of Washington and S of Venice Cross Streets: Venice Blvd
View more facts & features

Local Los Angeles Agent

Sale History for 1729 S Kingsley Dr

Last sold for $1,275,000 on February 7th, 2024

  • June, 2024

  • Jun 1, 2024

    Date

    Expired

    CRMLS: SR23215890

    $1,350,000

    Price

  • Nov 23, 2023

    Date

    Active

    CRMLS: SR23215890

    $1,350,000

    Price

  • Listing provided courtesy of CRMLS

    DO NOT WALK ON THE PROPERTY WITHOUT APPOINTMENT !!! 5 UNIT 2 TOTAL BUILDINGS MULTI-FAMILY INCOME PROPERTY WITH PLENTY OF PARKING INSIDE AND ON THE STREET. IT LOCATED NOT THROUGH STREET BETWEEN VENICE AND WASHINGTON ON S KINGSLEY DR.. ONE 3+2, THREE 2+1, ONE 1+1. SEPARATE METER FOR ELECTRICITY AND GAS. CLOSE TO 10, 110 FREEWAYS, USC, DTLA ETC. CHECK THIS UNBELIEVABLE INCOME OPPORTUNITY. DO NOT DISTURB TENANTS!!! EASY TO SHOW.

  • February, 2024

  • Feb 7, 2024

    Date

    Sold

    CRMLS: 24344981

    $1,275,000

    Price

  • Jan 8, 2024

    Date

    Active

    CRMLS: 24344981

    $1,390,000

    Price

  • January, 2024

  • Jan 19, 2024

    Date

    Withdrawn

    CRMLS: SR23159836

    $1,350,000

    Price

  • Aug 25, 2023

    Date

    Active

    CRMLS: SR23159836

    $1,399,000

    Price

  • Listing provided courtesy of CRMLS

    SELLER MOTIVATED!!! ALL REASONABLE OFFERS ARE WELCOME !!! 5 UNIT 2 TOTAL BUILDINGS MULTI-FAMILY INCOME PROPERTY WITH PLENTY OF PARKING INSIDE AND ON THE STREET. IT LOCATED NOT THROUGH STREET BETWEEN VENICE AND WASHINGTON ON S KINGSLEY DR.. ONE 3+2, THREE 2+1, ONE 1+1. SEPARATE METER FOR ELECTRICITY AND GAS. CLOSE TO 10, 110 FREEWAYS, USC, DTLA ETC. CHECK THIS UNBELIEVABLE INCOME OPPORTUNITY. EASY TO SHOW.

  • January, 2024

  • Jan 18, 2024

    Date

    Withdrawn

    CRMLS: SR23224950

    $2,700

    Price

  • Dec 12, 2023

    Date

    Active

    CRMLS: SR23224950

    $2,700

    Price

  • Listing provided courtesy of CRMLS

  • January, 2024

  • Jan 5, 2024

    Date

    Withdrawn

    CRMLS: SR23159747

    $2,400

    Price

  • Aug 25, 2023

    Date

    Active

    CRMLS: SR23159747

    $2,500

    Price

  • Listing provided courtesy of CRMLS

    Bright and charming upstairs unit. Recently remodeled. Separate laundry hook up. Master bedroom with an office space. Plenty of parking on the street. Not through street between Venice and Washington on S Kingsley. Easy to show. Good credit required.

  • September, 2023

  • Sep 18, 2023

    Date

    Canceled

    CRMLS: 23311629

    $1,350,000

    Price

  • Sep 15, 2023

    Date

    Active

    CRMLS: 23311629

    $1,350,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to 1729 S Kingsley Dr, a fantastic 5 unit multi-family investment property located in mid Los Angeles! This 4204 square foot property is boasted on a 5842 square foot lot, giving you plenty of space for income potential! The location of this lovely property is ideal - located right in the heart of Los Angeles, you're minutes away from everything the city has to offer! You'll be in close proximity to many great restaurants, night life attractions, parks, shopping malls, entertainment spots, and so much more! This multi-family property was originally build in 1955 and has recently been renovated to offer modern amenities alongside its character and charm. The professional grounds of this building feature lush, city-minded landscaping with well placed trees and shrubbery framed by newly poured concrete work. Collectively, this investment property boasts 6 generous bedrooms and 5 well-appointed bathrooms, perfect for rental tenants or for family members to call their own. This beautiful multi-family property offers the perfect opportunity of achieving potential income while living amongst the hustle and bustle of city life. Don't miss out on this one-of-a-kind investment opportunity in the heart of Los Angeles! Contact us today for more information and to schedule a viewing today!

  • August, 2023

  • Aug 17, 2023

    Date

    Canceled

    CRMLS: SR23051963

    $1,590,000

    Price

  • Apr 5, 2023

    Date

    Active

    CRMLS: SR23051963

    $1,590,000

    Price

  • Listing provided courtesy of CRMLS

    5 UNITS, Excellent and Rear opportunity to own 5 units in the Harvard Height ,near Downtown L.A., USC and Loyola HS campus. Convenient access to Santa Monica 10 freeways. Building is located in minutes from shopping centers, restaurants, entertainment centers and transportation. BUYER TO VERIFY ALL PERMITS WITH CITY OF LOS ANGELES BUILDING DEPARTMENT.. Currently there are 1-units not occupied. Front unit is Owner occupied Property was fully updated 2 years ago please read Private Remarks**Seller needs 3 months rent back (seller will pay for rent back) PROJECTED RENT GROSS INCOME :$210.000

  • April, 2019

  • Apr 24, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • June, 2016

  • Jun 13, 2016

    Date

    Price Change

    CRMLS: 16131588

    $774,000

    Price

  • Jun 3, 2016

    Date

    Price Change

    CRMLS: 16131588

    $800,000

    Price

  • Listing provided courtesy of CRMLS

    Great opportunity to own a 4-plex in the Harvard Heights area. Currently there are 2-units vacant. Vacant units will not be delivered rent ready. Property subject to LA Rent Stabilization Ordinance. Please call the listing agent for more information **Agent please read Private Remarks**

  • February, 2015

  • Feb 20, 2015

    Date

    Sold (Public Records)

    Public Records

    $550,000

    Price

Show More

Tax History for 1729 S Kingsley Dr

Assessed Value (2020): $729,448
Year Land Value Improved Value Assessed Value
2020 $510,440 $219,008 $729,448

Home Value Compared to the Market

This property vs the competition

1729 S Kingsley Dr sold on February 7, 2024 for 23.01% higher than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $330.64 per/sqft which puts the price per square foot 56.15% lower than the current median sale per square foot for the city of Los Angeles.

About 1729 S Kingsley Dr

Detailed summary of property

1729 S Kingsley Dr is a multi family that recently sold in Los Angeles, CA 90006. This multi family property offered 10 bedrooms, 6 bathrooms, roughly 4,204 living square feet, and sits on an approximately 5,844 square foot lot. 1729 S Kingsley Dr was first listed on ArdentRealEstateGroup.com on January 8, 2024. The homeowner sold the property for $1,275,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 23.01% higher than the current median priced home. Local homes that are currently for sale include 1109 S Ardmore Ave, 2324 W Washington Blvd and 1232 S Kenmore Ave. While the average home in Los Angeles, CA is selling in 99 days, 1729 S Kingsley Dr has a days on market of 4 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 1729 S Kingsley Dr Los Angeles, CA 90006 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1729 S Kingsley Dr

Public county record property details
Beds
6
Baths
5
Year built
1907
Sq. Ft.
4,204
Lot Size
5,841
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
93
APN
5074-022-014

The source for these homes facts are from public records.

90006 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,000
Median List Price/Sq.Ft.
$604
Median Sold Price
$299,000
Median Sold Price/Sq.Ft.
$650
Total Inventory
45
Median Sale to List Price %
100%
Avg Days on Market
13
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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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