Search
924 N Kingsley Dr, Los Angeles, CA 90029
Image 2 for 924 N Kingsley Dr, Los Angeles, CA 90029
Image 3 for 924 N Kingsley Dr, Los Angeles, CA 90029
View Photos

924 N Kingsley Dr Los Angeles, CA 90029

$1,850,000 Sold Price as of 09/29/2023
  • 12 Beds
  • 8 Baths
  • 6,676 Sq.Ft.
Sold
$1,850,000 Sold Price as of 09/29/2023 Refinance Your Mortgage
Map preview of 924 N Kingsley Dr, Los Angeles, CA 90029

Property Overview: 924 N Kingsley Dr Los Angeles, CA has 12 bedrooms, 8 bathrooms, 6,676 living square feet and 9,660 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The offering consists of (4) 1 Bed / 1 Bath and (4) 2 Bed / 1 Bath units. The property was built in 1956 and is 6,676 square feet of gross leasable area and sits on a large 9,660 square foot lot that is zoned LAR3. An investor will benefit from good in place cash flow with a starting cap rate of 5.4% with approximately 33% upside in rent potential. With it's excellent unit mix, day one return and location, the building is positioned for strong long term growth.

Listed by William James | BRE #01734419 | Lyon Stahl Investment Real Estate, Inc.
Co-listed by Peter James | BRE #01748556 | Lyon Stahl Investment Real Estate, Inc.
Last checked: 1 minute ago | Last updated: October 27th, 2023 | Source CRMLS | DOM: 27

Home details

Lot Sq. Ft
9,660
HOA Dues
$0/mo
Year built
1956
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23277709
City
Los Angeles
County
Los Angeles
Time on Site
294 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,731
  • Total Rent: $6,923
  • Pro Forma/Market Rent: $9,600
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,572
  • Total Rent: $6,286
  • Pro Forma/Market Rent: $8,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.48%
  • Gross Rent Multiplier: 11.67
  • Gross Scheduled Income: --
  • Net Operating Income: $101,395
  • Gross Operating Income: $153,752
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 924 N Kingsley Dr

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Vinyl, Tile, Laminate
Kitchen Information
  • Has Appliances
  • Disposal, Refrigerator, Gas Range
Interior Features
  • Levels: Multi/Split
Exterior Features
Exterior Information
  • Roof: Rolled/Hot Mop
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 9
  • Has Parking
  • Parking Features: Uncovered, Tandem Garage, Assigned
Lot Information
  • Lot Features: Irregular Lot
  • Lot Size Source: Other
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 8
  • Parcel Number: 5537024020
  • Architectural Style: Mid Century Modern
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: Exit Santa Monica Blvd off the 101 fwy and head East. Go South on Kingsley Dr. The subject property is located just south of Romaine before Lemon Grove Ave
View more facts & features

Local Los Angeles Agent

Sale History for 924 N Kingsley Dr

Last sold for $1,850,000 on September 29th, 2023

  • September, 2023

  • Sep 29, 2023

    Date

    Sold

    CRMLS: 23277709

    $1,850,000

    Price

  • Jul 13, 2023

    Date

    Active

    CRMLS: 23277709

    $1,850,000

    Price

  • July, 2004

  • Jul 20, 2004

    Date

    Sold (Public Records)

    Public Records

    $725,000

    Price

  • March, 2001

  • Mar 8, 2001

    Date

    Sold (Public Records)

    Public Records

    $350,000

    Price

Show More

Tax History for 924 N Kingsley Dr

Assessed Value (2020): $924,042
Year Land Value Improved Value Assessed Value
2020 $509,817 $414,225 $924,042

Home Value Compared to the Market

This property vs the competition

924 N Kingsley Dr sold on September 29, 2023 for 55.46% 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 $277.11 per/sqft which puts the price per square foot 63.3% lower than the current median sale per square foot for the city of Los Angeles.

About 924 N Kingsley Dr

Detailed summary of property

924 N Kingsley Dr is a multi family that recently sold in Los Angeles, CA 90029. This multi family property offered 12 bedrooms, 8 bathrooms, roughly 6,676 living square feet, and sits on an approximately 9,660 square foot lot. 924 N Kingsley Dr was first listed on ArdentRealEstateGroup.com on July 13, 2023. The homeowner sold the property for $1,850,000. 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 55.46% higher than the current median priced home. Local homes that are currently for sale include 5418 Lemon Grove Ave, 5229 Marathon St and 4214 Rosewood Ave. While the average home in Los Angeles, CA is selling in 96 days, 924 N Kingsley Dr has a days on market of 27 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 924 N Kingsley Dr Los Angeles, CA 90029 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 924 N Kingsley Dr

Public county record property details
Beds
12
Baths
8
Year built
1956
Sq. Ft.
6,676
Lot Size
9,660
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
46-48
APN
5537-024-020

The source for these homes facts are from public records.

90029 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,199,000
Median List Price/Sq.Ft.
$802
Median Sold Price
$1,049,000
Median Sold Price/Sq.Ft.
$1,042
Total Inventory
33
Median Sale to List Price %
95.36%
Avg Days on Market
38
Loan Type
Conventional (60%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

Homes for Sale Near 924 N Kingsley Dr

Nearby Homes for Sale

947 N Ardmore Ave, Los Angeles, CA 90029
$1,500,000
17 Beds
16 Baths
3314 Sq.Ft.
947 N Ardmore Ave
Los Angeles, CA 90029
800 N Hobart Blvd, Los Angeles, CA 90029
$1,650,000
5 Beds
4 Baths
2142 Sq.Ft.
800 N Hobart Blvd
Los Angeles, CA 90029
801 N Alexandria Ave, Los Angeles, CA 90029
$1,997,000
9 Beds
4 Baths
3896 Sq.Ft.
801 N Alexandria Ave
Los Angeles, CA 90029
867 N Alexandria Ave, Los Angeles, CA 90029
$2,200,000
6 Beds
6 Baths
4040 Sq.Ft.
867 N Alexandria Ave
Los Angeles, CA 90029
867 N Alexandria Ave, Los Angeles, CA 90029
$2,200,000
6 Beds
4 Baths
4040 Sq.Ft.
867 N Alexandria Ave
Los Angeles, CA 90029
1000 N Oxford Ave, Los Angeles, CA 90029
$1,575,000
8 Beds
8 Baths
5350 Sq.Ft.
1000 N Oxford Ave
Los Angeles, CA 90029
5324 Monroe St, Los Angeles, CA 90038
$1,499,000
0 Beds
8 Baths
3680 Sq.Ft.
5324 Monroe St
Los Angeles, CA 90038
5449 S Virginia Ave, Los Angeles, CA 90029
$1,850,000
6 Beds
10 Baths
4877 Sq.Ft.
5449 S Virginia Ave
Los Angeles, CA 90029
428 N Harvard Blvd, Los Angeles, CA 90004
$1,799,800
6 Beds
5 Baths
3303 Sq.Ft.
428 N Harvard Blvd
Los Angeles, CA 90004
537 N Kenmore Ave, Los Angeles, CA 90004
$1,499,900
8 Beds
4 Baths
5844 Sq.Ft.
537 N Kenmore Ave
Los Angeles, CA 90004
5500 Barton Ave, Los Angeles, CA 90038
$1,895,000
6 Beds
5 Baths
2816 Sq.Ft.
5500 Barton Ave
Los Angeles, CA 90038
543 N Heliotrope Dr, Los Angeles, CA 90004
$2,150,000
10 Beds
5 Baths
4808 Sq.Ft.
543 N Heliotrope Dr
Los Angeles, CA 90004

Recently Sold Homes Near 924 N Kingsley Dr

837 N Kingsley Dr, Los Angeles, CA 90029
$3,400,000 Last Sold Price
16 Beds
16 Baths
6848 Sq.Ft.
837 N Kingsley Dr
Los Angeles, CA 90029
950 N Kingsley Dr, Los Angeles, CA 90029
$1,175,000 Last Sold Price
7 Beds
6 Baths
3101 Sq.Ft.
950 N Kingsley Dr
Los Angeles, CA 90029
900 N Ardmore Ave, Los Angeles, CA 90029
$1,100,000 Last Sold Price
32 Beds
16 Baths
2816 Sq.Ft.
900 N Ardmore Ave
Los Angeles, CA 90029
817 N Kingsley Dr, Los Angeles, CA 90029
$1,430,000 Last Sold Price
7 Beds
3 Baths
2790 Sq.Ft.
817 N Kingsley Dr
Los Angeles, CA 90029

Related Resources to 924 N Kingsley Dr

New Listings in 90029
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Refi Quote