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

$1,150,000
  • 4 Beds
  • 4 Baths
  • 1,656 Sq.Ft.
For Sale
$1,150,000 Get Pre-Qualified
Map preview of 508 N Kingsley Dr, Los Angeles, CA 90004

Property Overview: 508 N Kingsley Dr Los Angeles, CA has 4 bedrooms, 4 bathrooms, 1,656 living square feet and 3,546 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: Welcome to 508 N Kingsley. This impeccably renovated side-by-side duplex boasts a striking exterior and has undergone a comprehensive remodel. Each unit, with its own distinct address at 508 and 510, mirrors the other in a symmetrical layout. Featuring two bedrooms and two bathrooms each, the units offer a harmonious blend of modernity and functionality. The units exude contemporary charm with an open-concept living space. A dedicated laundry room in each unit adds convenience, while new condensers installed on the rooftop for central air ensure comfort year-round, newly installed tankless water heaters. The kitchens showcase stainless steel appliances, sleek shaker cabinets, and exquisite quartz countertops, epitomizing elegance and practicality. Additional enhancements include new windows, doors, electrical wiring, panels, and copper plumbing. Newly installed window blinds with blackout feature in the bedrooms and Nest thermostat in both units. Great vinyl fencing in the front of the property. The backyard has lots of potential to be enhanced to the new owner's liking. New laminated flooring throughout enhances the aesthetic appeal, complemented by a new garage door and stylish vinyl fencing framing the property's frontage. Situated in the thriving Mid-Wilshire/Koreatown area, these units promise not only immediate allure but also long-term investment potential amid ongoing development. Home additional features are new stairs, porch, and retaining wall. Garage plus two tandem parking spaces. Garage has a mobile app controlled MyQ garage door opener. Live in one unit, and rent the other. Close to Larchmont Village, Koreatown and Downtown LA provides easy access to a vibrant community with plenty of amenities and entertainment options.

Listed by Paul Vieyra | BRE #01802026 | Redfin Corporation
Last checked: 10 minutes ago | Last updated: April 27th, 2024 | Source CRMLS | DOM: 64
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Home details

Lot Sq. Ft
3,546
HOA Dues
$0/mo
Year built
1922
Garage
1 Car
Property Type:
Duplex
Status
Active
MLS#
PW24039449
City
Los Angeles
County
Los Angeles
Time on Site
64 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $2,995
  • Total Rent: $2,995
  • Pro Forma/Market Rent: $2,995
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $3,200
  • Pro Forma/Market Rent: $3,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $36,000
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Workman's Comp: $0
  • Water/Sewer: $0

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Property Details for 508 N Kingsley Dr

Interior Features
Laundry Information
  • Has Laundry
  • Individual Room
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: Back Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 5521009007
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
  • Offered With Property: All appliances included
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Nearest major crossroads: Melrose and Normandie
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 508 N Kingsley Dr

Last sold for $1,165,000 on June 29th, 2023

  • February, 2024

  • Feb 27, 2024

    Date

    Active

    CRMLS: PW24039449

    $1,190,000

    Price

  • June, 2023

  • Jun 29, 2023

    Date

    Sold

    CRMLS: DW23025678

    $1,165,000

    Price

  • Feb 14, 2023

    Date

    Active

    CRMLS: DW23025678

    $1,168,000

    Price

  • Listing provided courtesy of CRMLS

    Seller is taking back up offers!! Beautiful side by side duplex. This property has been fully remodeled. Both units have the same identical floor plan and they have a separate address 508 and 510. Each unit has two bedrooms and two bathrooms. Most renovations were done with permits and all permits obtained were finalized. These lovely units look very modern and they have a great floor plan with an open concept living space. Each unit has it's own laundry room and brand new condenser for the central air. The kitchen has stainless steal appliances and shaker cabinets and beautiful quartz counter tops. Other features are new windows and doors, new electrical wiring, electrical panels and new copper plumbing. All bathrooms are new. The flooring is new laminated flooring. New garage door. Great vinyl fencing in the front of the property. These units look great and are located in a fast-growing and appreciating area of Mid-Wilshire/Koreatown. This is a great investment opportunity in a fast growing neighborhood where there is lots of new construction going on. The stairs, porch and retaining wall are new too. The property is located about a mile away to Larchmont Village and a short drive to Netflix and Paramount Studios and minutes away to the 101 HYW.

  • October, 2019

  • Oct 7, 2019

    Date

    Sold

    CRMLS: 19470282

    $751,000

    Price

  • Sep 5, 2019

    Date

    Pending

    CRMLS: 19470282

    $775,000

    Price

  • Aug 27, 2019

    Date

    Price Change

    CRMLS: 19470282

    $775,000

    Price

  • Jul 29, 2019

    Date

    Price Change

    CRMLS: 19470282

    $799,900

    Price

  • Jun 28, 2019

    Date

    Price Change

    CRMLS: 19470282

    $825,000

    Price

  • May 28, 2019

    Date

    Active

    CRMLS: 19470282

    $849,900

    Price

  • Listing provided courtesy of CRMLS

    Great investment property with cash-flow potential. It's a win-win for a buyer who has been searching for an income property in the heart of Hollywood. This is an awesome opportunity to own a side-by-side duplex that has good cash-generating potential. Located in a diverse and vibrant neighborhood in a sought after area that is constantly improving and evolving. Close to restaurants, shopping, theaters, Silverlake, Los Feliz, Hollywood, Hancock Park, Mid-Wilshire and downtown. Great location! This property is perfect for an owner who wants to live in one unit and and rent out the other, or an investor who can rent out both units in a high demand area. Additional rooms over tax records, buyer is to investigate all permits and satisfy themselves to all aspects of the property. Sold as-is.

  • October, 2019

  • Oct 7, 2019

    Date

    Sold (Public Records)

    Public Records

    $751,000

    Price

  • January, 2019

  • Jan 29, 2019

    Date

    Canceled

    CRMLS: TR17101466

    $690,000

    Price

  • Feb 7, 2018

    Date

    Pending

    CRMLS: TR17101466

    $690,000

    Price

  • Sep 1, 2017

    Date

    Active

    CRMLS: TR17101466

    $690,000

    Price

  • Aug 22, 2017

    Date

    Active Under Contract

    CRMLS: TR17101466

    $690,000

    Price

  • Jun 1, 2017

    Date

    Pending

    CRMLS: TR17101466

    $690,000

    Price

  • May 18, 2017

    Date

    Active

    CRMLS: TR17101466

    $690,000

    Price

  • May 16, 2017

    Date

    Pending

    CRMLS: TR17101466

    $690,000

    Price

  • May 11, 2017

    Date

    Active

    CRMLS: TR17101466

    $690,000

    Price

  • May 10, 2017

    Date

    Pending

    CRMLS: TR17101466

    $690,000

    Price

  • May 8, 2017

    Date

    Active

    CRMLS: TR17101466

    $690,000

    Price

  • Listing provided courtesy of CRMLS

    The two unit duplex featuring 2 bedroom 1 bathroom in one unit. The other unit has 1 bedroom and 1 bathroom. The duplex is a great opportunity for owner and/or investment.

  • August, 2018

  • Aug 15, 2018

    Date

    Sold (Public Records)

    Public Records

    $874,571

    Price

Show More

Tax History for 508 N Kingsley Dr

Assessed Value (2020): $751,000
Year Land Value Improved Value Assessed Value
2020 $600,000 $151,000 $751,000

Home Value Compared to the Market

This property vs the competition

508 N Kingsley Dr is listed 6.96% lower 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 $773 and this home is listed at $694.44 per/sqft which puts the price per square foot 10.16% lower than the median price per square foot for the city of Los Angeles.

About 508 N Kingsley Dr

Detailed summary of property

508 N Kingsley Dr is a duplex located in Los Angeles, CA 90004 and is currently for sale. This duplex offers 4 bedrooms, 4 bathrooms, roughly 1,656 living square feet, and sits on an approximately 3,546 square foot lot. 508 N Kingsley Dr was first listed on ArdentRealEstateGroup.com on February 28, 2024. The homeowner is currently asking $1,150,000 and was originally asking $1,190,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 6.96% lower than the median priced home. Local competing homes currently for sale include 4843 Rosewood Ave, 957 N Ardmore Ave and 5415 Monroe St. While the average home in Los Angeles, CA is selling in 96 days, 508 N Kingsley Dr has a days on market of 64 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 508 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 508 N Kingsley Dr

Public county record property details
Beds
2
Baths
2
Year built
1922
Sq. Ft.
1,656
Lot Size
3,546
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5521-009-007

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
$1,349,000
Median List Price/Sq.Ft.
$806
Median Sold Price
$1,163,014
Median Sold Price/Sq.Ft.
$789
Total Inventory
67
Median Sale to List Price %
93.04%
Avg Days on Market
39
Loan Type
Conventional (27.27%), FHA (0%), VA (0%), Cash (9.09%), Other (9.09%)

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Recently Sold Homes Near 508 N Kingsley Dr

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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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