1729 South Kingsley Drive

Los Angeles, CA 90006

$1,275,000
Last Sold Price
10
Beds
6
Baths
4,204 Sq. Ft.
$303 / Sq. Ft.
4,204
Sq. Ft.
$303
per Sq. Ft.

Description

Welcome to 1729 S Kingsley Dr, an exceptional 5-unit multi-family investment property situated in mid Los Angeles! This 4,204 square foot property is positioned on a 5,842 square foot lot, providing ample space for potential income. The prime location places you right in the heart of Los Angeles, mere minutes away from a plethora of city offerings, including fantastic restaurants, nightlife attractions, parks, shopping malls, entertainment spots, and more! Originally built in 1907, this multi-family...Welcome to 1729 S Kingsley Dr, an exceptional 5-unit multi-family investment property situated in mid Los Angeles! This 4,204 square foot property is positioned on a 5,842 square foot lot, providing ample space for potential income. The prime location places you right in the heart of Los Angeles, mere minutes away from a plethora of city offerings, including fantastic restaurants, nightlife attractions, parks, shopping malls, entertainment spots, and more! Originally built in 1907, this multi-family property has undergone recent renovations, seamlessly blending modern amenities with its original character and charm. The professionally landscaped grounds feature lush, city-centric landscaping with strategically placed trees and shrubbery, bordered by newly poured concrete work. Comprising 10 spacious bedrooms and 6 well-appointed bathrooms, this investment property is ideal for rental tenants or as a residence for family members. This beautiful multi-family property presents a unique opportunity to generate income while immersing yourself in the vibrancy of city life. Don't miss out on this distinctive investment opportunity in the heart of Los Angeles! Contact us today for more information and to schedule a viewing.
  1. Listed by Max Lee • DRE #01905008 • Brokerage DRE #01022642 • eXp Realty of California Inc

Property Details for 1729 South Kingsley Drive

Zoning
LAR2
Parcel Number
5074022014
Total Units
5.0
Living Area
4204
Source Living Area
Vendor Enhanced
Area
Mid Los Angeles (C16)
Vacancy Rate
0
Lot Size Area
5844

Location

Listing Courtesy of eXp Realty of California Inc, Max Lee, DRE #01905008

Sold By eXp Realty of California Inc, Jinny Macfarlane, DRE #01916688

Add your commute
LISTING UPDATED: 02/07/2024 01:31 PM

Property Details for 1729 South Kingsley Drive

StatusSold
MLS #24-344981
Days on Market4
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1907
Lot Size0.13 AC / 5,844 SF
CountyLos Angeles County

Location

Listing Courtesy of eXp Realty of California Inc, Max Lee, DRE #01905008

Sold By eXp Realty of California Inc, Jinny Macfarlane, DRE #01916688

Add your commute

Building Information for 1729 South Kingsley Drive

Stories2Residences-Year Built1907Building Size-Lot Size0.13 AC / 5,844 SF

Payment Calculator

$7,799 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,958

Property Taxes

$841

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1729 South Kingsley Drive

Community / Development
Community / Development
  • Number Of Units: 5
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Apartment
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $121,968
  • Net Operating Income: $85,377.60
  • Gross Income: $121,968
  • Cap Rate: 6.10%
  • Gross Rent Multiplier: $11.39
  • Total Annual Expense: 36590.40
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1342
  • Lot Size Square Feet: 5844
Parking Details
Parking Details
  • Parking Garage: Carport
  • Total Parking: 4
  • Parking Features: Carport
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling Type: Air Conditioning
  • Heating: Central
  • Heating Type: Central
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 01-08-2024
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,000.00
  • Unit Actual Rent: $2,000.00
  • Unit Projected Rent: $3,600.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,600.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,500.00
  • Unit Actual Rent: $2,500.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,500.00
  • Unit Actual Rent: $2,500.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $564.00
  • Unit Actual Rent: $564.00
  • Unit Projected Rent: $2,100.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $229,794.00
  • Assessed Improvement Percent: 29.99
  • Assessed Land Value: $536,562.00
  • Assessed Land Percent: 70.01
  • Assessed Total Value: $766,356.00

Property History for 1729 South Kingsley Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1729 South Kingsley Drive

Taxable ValueLand$536,562Additions$230,194Total$766,756
Tax Record2023$10,095 ($841 / month)
Home Facts
Total Finished SqFt4,204 SqFtAbove Grade Finished SqFt4,204 SqFtLot Size5,842 SqFtStyleMulti-Family Res (5+ Units)Year Built1907ZoningLAR2CountyLOS ANGELESAPN5074-022-014

Schools near 1729 South Kingsley Drive

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - K to 5
Charter - 5 to 8
Public - 6 to 8
Rating
School
Distance
Twenty-Fourth Street Elementary School
PublicK to 4

Crown Preparatory Academy
Charter5 to 8

Pio Pico Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty of California Inc, Max Lee, DRE #01905008

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.