$2,300,000
$100K PRICE DROP

1139 S Kingsley Dr Los Angeles, CA 90006

Harvard Heights Neighborhood

Estimated payment $13,046/month

Total Views 2,367
2 Beds
3 Baths
2,092 Sq Ft
$1,099 Price per Sq Ft

Highlights

  • Laundry Room
  • Carpet
  • 1-Story Property
  • Auto Driveway Gate

About This Home

25 Unit Redevelopment. Located within the Koreatown redevelopment project area. Koreatown Galleria supermarket & retail stores in very close distance. Dense demographic neighborhood. Close proximity to Olympic Blvd & Western.Side by side properties sold together only as one sale. APN's: 5080-026-008 & -009 Price is for both parcels. Sale Price $2,300,000. Legally 14 Units Bonus Density 25 Units including 3 Units for Low Income. Buyer to do their own due diligence regarding possibilities for development. Interior inspection subject to accepted offer. BUILDING SIZE: 2,902 sq. ft. + 1,665 sq. ft. = 3,757 sq. ft. (combined) LAND SIZE: 5,900 sq. ft. + 5,900 sq. ft. = 11,800 sq. ft. (combined) LAND PRICE PER SF: $194 per sq. ft. ZONING: R3-1 TRANSIT ORIENT COMMUNITIES Tier 2. Most renters are currently on a monthly basis. 1139 S Kingsley Triplex: 3 Beds/ 2 Bath 2,092 sq. ft. $2,680 Month-to-Month 1141 S Kinsley 1 Bed/ 1 Bath $1,600 Month-to-Month 1141 S Kingsley 1 Bed/ 1 Bath $1,720 Month-to-Month. 1145 S Kingsley Duplex: 2 Beds/ 1 Bath 1,665 sq. ft. $2,700 Month-to-Month 1145 S Kingsley 1 Bed/ 1 Bath $2,000 Month-to-Month Total income $10,700 p/mo.

Listing Agent

Kyi Lee

KORUS Real Estate License #01815410 Listed on: 01/02/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,166

Year Built

  • Built in 1924

Lot Details

  • 5,902 Sq Ft Lot

Home Design

  • Triplex

Interior Spaces

  • 2,092 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Parking

  • 4 Parking Spaces
  • Auto Driveway Gate

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heat Pump System
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • The owner pays for gardener, water
  • Assessor Parcel Number 5080-026-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,166

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 2092
  • Lot Acreage: 0.1355
  • Stories: 1
  • Year Built: 1924
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Laminate, Mixed
  • Bedrooms: 2
  • Laundry: Laundry Area
  • Total Bathrooms: 3.00
  • Equipment: Range/Oven, Refrigerator, Dishwasher
  • Price Per S Q F T: 1099.43

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Driveway Gate
  • Total Parking: 4

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall Gas, Heat Pump

Lot Info

  • Assessed Improvement Percent: 47.37
  • Assessed Improvement Value: 221653
  • Assessed Land Percent: 52.63
  • Assessed Land Value: 246281
  • Total Assessed Value: 467934
  • Assessor Parcel Number: 5080-026-008
  • Lot Size Area: 5902

Rental Info

  • Owner Pays: Gardener, Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Total Annual Expense: 0
  • Type Of Units: Triplex
  • Vacancy Rate: 20%

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,166 $486,837 $256,230 $230,607
2024 $6,166 $477,292 $251,206 $226,086
2023 $6,056 $467,934 $246,281 $221,653
2022 $5,789 $458,759 $241,452 $217,307
2021 $5,709 $449,765 $236,718 $213,047
2020 $5,763 $445,154 $234,291 $210,863
2019 $5,546 $436,427 $229,698 $206,729
2018 $5,419 $427,871 $225,195 $202,676
2017 $5,307 $419,482 $220,780 $198,702
2016 $5,172 $411,257 $216,451 $194,806
2015 $5,099 $405,080 $213,200 $191,880
2014 $5,136 $397,146 $209,024 $188,122
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2025 05/02/25 Price Changed $2,300,000 -4.2% $1,099 / Sq Ft
01/02/2025 01/02/25 For Sale $2,400,000 -- $1,147 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Interfamily Deed Transfer -- States Title Fts Agency
Grant Deed $380,000 Stewart Title Of Ca Inc
Grant Deed -- None Available
Interfamily Deed Transfer -- Accommodation
Grant Deed $890,000 Stewart Title Company
Grant Deed $535,000 Fatcola
Individual Deed $349,000 Stewart Title Of Ca Inc
Grant Deed $299,000 South Coast Title Company
Grant Deed $237,000 Benefit Land Title Company
Grant Deed $137,500 Provident Title
Corporate Deed -- Landsafe Title
Trustee Deed $186,052 Landsafe Title
Grant Deed $670,909 South Coast Title
Corporate Deed $124,000 First American Title Co
Trustee Deed $105,000 American Title Ins Co
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $259,000 New Conventional
Previous Owner $290,650 New Conventional
Previous Owner $218,825 New Conventional
Previous Owner $150,000 Unknown
Previous Owner $675,000 New Conventional
Previous Owner $135,000 Credit Line Revolving
Previous Owner $667,500 Negative Amortization
Previous Owner $428,000 Purchase Money Mortgage
Previous Owner $315,000 Unknown
Previous Owner $279,200 No Value Available
Previous Owner $273,136 FHA
Previous Owner $213,063 No Value Available
Previous Owner $123,400 No Value Available
Previous Owner $175,300 FHA
Previous Owner $43,900 No Value Available
Previous Owner $172,000 No Value Available
Closed $53,500 No Value Available
Source: Public Records

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Source: The MLS

MLS Number: 25-476265

The MLS

APN: 5080-026-008

California Los Angeles County Los Angeles 90006 Harvard Heights

1139 S Kingsley Dr, Los Angeles, CA

This home is located at 1139 S Kingsley Dr, Los Angeles, CA 90006 and is currently priced at $2,300,000, approximately $1,099 per square foot. This property was built in 1924. 1139 S Kingsley Dr is a home located in Los Angeles County with nearby schools including Los Angeles Elementary School, Berendo Middle, and West Adams Preparatory High School.

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Kyi Lee
Listing Agent
Kyi Lee
Section Image
KORUS Real Estate
(213) 999-4345