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Los Angeles, CA 90006 1144 S Kingsley Drive

$1,590,000

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Presented By: Bo Hyeok Kim with Coldwell Banker Realty;
  • MLS# 24377217
  • 04/07/2024
  • Request Tour
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  • BedBeds • 9
  • BathBaths • 7
  • FootageSQFT • 4,121

Home Details

Coldwell Banker Realty is pleased to present the opportunity to acquire a four-unit apartment building in the Olympic Park-Koreatown neighborhood of Los Angeles. This property boasts a diverse unit mix, featuring 2 three-bedroom and two-bathroom units, 1 two-bedroom and two-bathroom unit, and 1 one-bedroom and one-bathroom unit. Gas and electricity are independently metered, while water is centrally metered. The construction combines stucco and wood-frame elements and offers 5 parking spaces for on-site tenants. Given that rents are currently below market value and the area is undergoing continued gentrification, investors will recognize the value in seizing this opportunity.
Presented By: Bo Hyeok Kim with Coldwell Banker Realty;

Interior Features for 1144 S Kingsley Drive

Bedrooms

Total Bedrooms9

Bathrooms

1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths7

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Street SuffixDrive
Total Stories

General for 1144 S Kingsley Drive

Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
Days on Market8
DirectionsNear Kingsley and 11th Street
Garage Y/NNo
Gross Income81257.0
HOA / Comm AssnNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet5907.0
MLS AreaC17 - Mid-Wilshire
MobileHomeRemainsYNNo
Net Operating Income33257.0
New ConstructionNo
Private PoolNo
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameKingsley
Total Units4
View Y/NNo
Waterfront Y/NNo
Year Built1922
ZoningLAR3

Exterior for 1144 S Kingsley Drive

Building Area Total4121.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1356
Lot Size Area5907.0
Lot Size SourceOther
Lot Size UnitsSquareFeet
Number of Buildings3
Open Parking Y/NNo
Parking FeaturesDriveway
SpaNo
Total Parking5.0

Additional Details

Price History

1527188455

First Team Client Services

Price $1,590,000
MLS#24377217
List Date 04/07/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors