$2,300,000

Estimated payment $13,043/month

Total Views 4,999
3 Beds
2 Baths
1,665 Sq Ft
$1,381 Price per Sq Ft

Highlights

  • Marble Flooring
  • Laundry Room
  • East Facing Home
  • Side by Side Parking
  • 1-Story Property

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 1/2 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: 05/01/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,418

Year Built

  • Built in 1895

Lot Details

  • 5,902 Sq Ft Lot
  • East Facing Home

Home Design

  • Duplex

Interior Spaces

  • 1,665 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Side by Side Parking

Utilities

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

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • The owner pays for gardener, water
  • Assessor Parcel Number 5080-026-009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,418

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1665
  • Lot Acreage: 0.1355
  • Year Built: 1895
  • Number Of Photos: 3
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Mixed, Marble, Carpet, Laminate
  • Bedrooms: 3
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Equipment: Garbage Disposal, Range/Oven, Refrigerator
  • Price Per S Q F T: 1381.38

Exterior Features

  • Direction Faces: East
  • Other Structures: None

Garage/Parking

  • Parking Garage: Side By Side
  • Total Parking: 4

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Percent: 34.15
  • Assessed Improvement Value: 172395
  • Assessed Land Percent: 65.85
  • Assessed Land Value: 332482
  • Total Assessed Value: 504877
  • Assessor Parcel Number: 5080-026-009
  • Lot Size Area: 5902

Rental Info

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

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 0

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 $6,418 $514,973 $339,131 $175,842
2024 $6,418 $504,877 $332,482 $172,395
2023 $6,302 $494,978 $325,963 $169,015
2022 $6,020 $485,273 $319,572 $165,701
2021 $5,940 $475,758 $313,306 $162,452
2020 $5,997 $470,881 $310,094 $160,787
2019 $5,767 $461,649 $304,014 $157,635
2018 $5,648 $452,598 $298,053 $154,545
2016 $5,394 $435,025 $286,480 $148,545
2015 $5,317 $428,491 $282,177 $146,314
2014 $5,347 $420,098 $276,650 $143,448
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 For Sale $2,300,000 +461.0% $1,381 / Sq Ft
06/16/2012 06/16/12 Sold $410,000 -10.5% $246 / Sq Ft
04/07/2012 04/07/12 Pending -- -- --
03/29/2012 03/29/12 For Sale $458,000 -- $275 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Interfamily Deed Transfer -- Ticor Ttl Orange Cnty Branch
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $410,000 Fidelity Van Nuys
Grant Deed $330,000 Stewart Title Company
Interfamily Deed Transfer -- Commonwealth Title
Grant Deed $520,000 Commonwealth Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Fidelity National Title Co
Individual Deed $229,000 Chicago Title
Gift Deed -- Chicago Title
Gift Deed -- American Title
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $231,000 New Conventional
Previous Owner $260,000 New Conventional
Previous Owner $247,500 New Conventional
Previous Owner $675,000 Fannie Mae Freddie Mac
Previous Owner $416,000 Purchase Money Mortgage
Previous Owner $143,000 Credit Line Revolving
Previous Owner $270,000 No Value Available
Previous Owner $217,550 No Value Available
Closed $78,000 No Value Available
Source: Public Records

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Source: The MLS

MLS Number: 25533189

The MLS

APN: 5080-026-009