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1242 S Kingsley Dr
Multi-Family
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$1,400,000

$479/sqft

1242 S Kingsley Dr, Los Angeles

11% below median
4 bd·4 ba·2,924 sqft
Built 19135,911 sqft lotCentral LA

1242 S Kingsley Dr, Los Angeles, CA

4 bd · 4 ba · 2,924 sqft Multi-Family listed at $1,400,000, built in 1913 in the Central LA neighborhood.

About this home

Charming quadruplex near Koreatown, in Mid-Wilshire, offering an excellent investment opportunity. The property features four units, with two units beautifully remodeled in recent years. The building is currently fully occupied, providing immediate and stable rental income. In addition to the residential units, there are storage/parking spaces in the rear, offering added convenience and value for tenants. Public records reflect 4 bedrooms and 4 bathrooms; however, one unit includes a spacious den that functions much like an additional bedroom. Washer and dryer hookups are also available. Buyer and buyer's agent to independently verify all information and rely on their own investigations.

Property details

Price
$1,400,000
Bedrooms
4
Bathrooms
4
Interior
2,924 sqft
Price / sqft
$479
Year built
1913
Lot size
5,911 sqft
Type
Multi-Family
Days on market
54
Est. property tax
$10,500/yr · $875/mo · 0.75% CA avg
Last sold
$990,000 · May 2017

Estimated monthly payment

Down payment20% ($280,000)
Interest rate6.75%
Principal & Interest$7,264
Property Tax$1,283
Insurance$150
Total$8,698/mo

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Location

This home is located in Los Angeles, CA. Browse more Los Angeles listings on the Los Angeles market page or explore the full Los Angeles market report.

Home Intelligence

Neighborhood (zip 90006)

This neighborhood is primarily renter-occupied (11% owner-occupied). Median age is 35.7; 16% hold a bachelor's degree; median household income is $47,599.

Median income
$47,599
Median age
35.7
Owner-occupied
10.6%
Bachelor's degree
16.1%
Census median home value
$781,400

Source: US Census Bureau American Community Survey 5-year estimates.

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