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320 S Kingsley Dr, Los Angeles, CA 90020
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320 S Kingsley Dr Los Angeles, CA 90020

$2,350,000 Sold Price as of 12/18/2023
  • 12 Beds
  • 8 Baths
  • 10,094 Sq.Ft.
Sold
$2,350,000 Sold Price as of 12/18/2023 Refinance Your Mortgage
Map preview of 320 S Kingsley Dr, Los Angeles, CA 90020

Property Overview: 320 S Kingsley Dr Los Angeles, CA has 12 bedrooms, 8 bathrooms, 10,094 living square feet and 11,257 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present the sale of 320 S Kingsley Drive, also known as "The Kingsley," a four-unit multifamily property in Los Angeles with a unique architectural style. The Kingsley has a tremendous amount of value to offer its next owner. To start, the property is 10,094 square feet, making it easily one of the largest 4-unit properties in Los Angeles. Each oversized unit has a separate formal living room (lounge), formal dining, laundry room, three bedrooms, two bathrooms, and an incredible amount of closet / storage space. These are truly one of a kind apartments! The Kingsley, built in the 1920s, is a historical and well-maintained building, and there have been significant amount of progress made to convert its units into condominiums that could be sold individually. Located in the sought-after and populous Koreatown neighborhood, south of 3rd St and east of Western Ave. All units are vacant. Inquire today!

Listed by Mark Cianciulli | BRE #01990266 | The CREM Group
Last checked: 11 minutes ago | Last updated: December 18th, 2023 | Source CRMLS | DOM: 224

Home details

Lot Sq. Ft
11,257
HOA Dues
$0/mo
Year built
1920
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22227459
City
Los Angeles
County
Los Angeles
Time on Site
554 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $5,000
  • Total Rent: $20,000
  • Pro Forma/Market Rent: $20,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.15%
  • Gross Rent Multiplier: 13.54
  • Gross Scheduled Income: --
  • Net Operating Income: $172,000
  • Gross Operating Income: $240,000
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 320 S Kingsley Dr

Interior Features
Heating Information
  • Has Heating
  • Floor Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Individual Room
Fireplace Information
  • Has Fireplace
  • Family Room
Room Information
  • Flooring: Wood, Tile
  • Walk-In Closet
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator
Interior Features
  • Cathedral Ceiling(s), Crown Molding, High Ceilings
  • Levels: Multi/Split, Two
  • Security Features: Gated Community, Window Bars
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: 8
  • Has Parking
  • Parking Features: Concrete, Garage Door Opener, Tandem Garage
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 4
  • Parcel Number: 5503008033
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: See Google Maps
View more facts & features

Local Los Angeles Agent

Sale History for 320 S Kingsley Dr

Last sold for $2,350,000 on December 18th, 2023

  • December, 2023

  • Dec 18, 2023

    Date

    Sold

    CRMLS: 22227459

    $2,350,000

    Price

  • Dec 28, 2022

    Date

    Active

    CRMLS: 22227459

    $3,250,000

    Price

  • March, 2007

  • Mar 19, 2007

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 320 S Kingsley Dr

Assessed Value (2020): $1,384,835
Year Land Value Improved Value Assessed Value
2020 $892,184 $492,651 $1,384,835

Home Value Compared to the Market

This property vs the competition

320 S Kingsley Dr sold on December 18, 2023 for 119.39% higher than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $276.9 per/sqft which puts the price per square foot 64.99% lower than the current median sale per square foot for the city of Los Angeles.

About 320 S Kingsley Dr

Detailed summary of property

320 S Kingsley Dr is a multi family that recently sold in Los Angeles, CA 90020. This multi family property offered 12 bedrooms, 8 bathrooms, roughly 10,094 living square feet, and sits on an approximately 11,257 square foot lot. 320 S Kingsley Dr was first listed on ArdentRealEstateGroup.com on December 30, 2022. The homeowner sold the property for $2,350,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 119.39% higher than the current median priced home. Local homes that are currently for sale include 940 S Gramercy Pl, 913 S Wilton Pl and 801 N Alexandria Ave. While the average home in Los Angeles, CA is selling in 100 days, 320 S Kingsley Dr has a days on market of 224 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 320 S Kingsley Dr Los Angeles, CA 90020 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 320 S Kingsley Dr

Public county record property details
Beds
12
Baths
8
Year built
1920
Sq. Ft.
10,094
Lot Size
11,257
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
A
APN
5503-008-033

The source for these homes facts are from public records.

90020 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.
$678
Median Sold Price
$535,000
Median Sold Price/Sq.Ft.
$578
Total Inventory
55
Median Sale to List Price %
99.26%
Avg Days on Market
15
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (25%), 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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