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

$1,210,000 Sold Price as of 07/29/2022
  • 13 Beds
  • 6 Baths
  • 4,380 Sq.Ft.
Sold
$1,210,000 Sold Price as of 07/29/2022 Refinance Your Mortgage
Map preview of 427 N Kingsley Dr, Los Angeles, CA 90004

Property Overview: 427 N Kingsley Dr Los Angeles, CA has 13 bedrooms, 6 bathrooms, 4,380 living square feet and 6,857 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Koreatown incredible Value Add five (5) unit Apartment Building with an excellent unit mix consisting of 1 1Bed/1Bath, 2 2 Bed/1 Bath, 1 3Bed/1Bath and 1 5Bed/2 Bath All tenants are current with the rent. Each tenant pays its own separately metered electricity an owner pays water. Owner has taken great care of the property and maintains a pride of ownership in keeping in good condition. The property is in a great location. Don't miss this chance for an excellent value-add investment opportunity on a property with a great unit mix!

Listed by Soraya Esmaili | BRE #01456647 | Keller Williams Realty Westside
Last checked: 7 minutes ago | Last updated: July 29th, 2022 | Source CRMLS | DOM: 88

Home details

Lot Sq. Ft
6,857
HOA Dues
$0/mo
Year built
1970
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
SR22070083
City
Los Angeles
County
Los Angeles
Time on Site
758 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $882
  • Total Rent: $882
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $1,472
  • Total Rent: $1,472
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $1,157
  • Total Rent: $11,576
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $2,154
  • Total Rent: $2,154
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $833
  • Total Rent: $833
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $77,976
  • Net Operating Income: $52,276
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $25,700
  • Trash: $4,488
  • Insurance: $2,200
  • Professional Management: $100
  • Water/Sewer: $5,370

Property Details for 427 N Kingsley Dr

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • No
  • Parking Features: None
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 5
  • Parcel Number: 5521024017
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: On Kingsley between Oakwood and Rosewood
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 427 N Kingsley Dr

Last sold for $1,210,000 on July 29th, 2022

  • July, 2022

  • Jul 29, 2022

    Date

    Sold

    CRMLS: SR22070083

    $1,210,000

    Price

  • Apr 7, 2022

    Date

    Active

    CRMLS: SR22070083

    $1,450,000

    Price

  • January, 2014

  • Jan 10, 2014

    Date

    Sold (Public Records)

    Public Records

    $835,000

    Price

  • December, 2005

  • Dec 21, 2005

    Date

    Sold (Public Records)

    Public Records

    $495,000

    Price

Show More

Tax History for 427 N Kingsley Dr

Assessed Value (2020): $936,282
Year Land Value Improved Value Assessed Value
2020 $672,534 $263,748 $936,282

Home Value Compared to the Market

This property vs the competition

427 N Kingsley Dr sold on July 29, 2022 for 8.4% 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 $294.52 per/sqft which puts the price per square foot 60.99% lower than the current median sale per square foot for the city of Los Angeles.

About 427 N Kingsley Dr

Detailed summary of property

427 N Kingsley Dr is a multi family that recently sold in Los Angeles, CA 90004. This multi family property offered 13 bedrooms, 6 bathrooms, roughly 4,380 living square feet, and sits on an approximately 6,857 square foot lot. 427 N Kingsley Dr was first listed on ArdentRealEstateGroup.com on April 7, 2022. The homeowner sold the property for $1,210,000. 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 8.4% higher than the current median priced home. Local homes that are currently for sale include 5415 Monroe St, 5437-5439 Lemon Grove Ave and 1150 N Kingsley Dr. While the average home in Los Angeles, CA is selling in 96 days, 427 N Kingsley Dr has a days on market of 88 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 427 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 427 N Kingsley Dr

Public county record property details
Beds
12
Baths
6
Year built
1970
Sq. Ft.
4,380
Lot Size
6,857
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
14
APN
5521-024-017

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
$1,388,000
Median List Price/Sq.Ft.
$810
Median Sold Price
$1,650,000
Median Sold Price/Sq.Ft.
$873
Total Inventory
64
Median Sale to List Price %
97.35%
Avg Days on Market
27
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (13.33%), 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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