NOT LISTED FOR SALE

1163 N Kingsley Dr Los Angeles, CA 90029

East Hollywood Neighborhood

Estimated Value: $4,942,874

12 Beds
7 Baths
6,867 Sq Ft
$720/Sq Ft Est. Value

Last Sold June 19, 2017

Last sale price $3,171,950 $462 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $30,435/month

77 Days on Market

About This Home

As of June 2017

We are pleased to present the unique opportunity to acquire 1163 North Kingsley Drive, a 7-unit fully renovated apartment community located adjacent to Los Angeles' highly sought after Silverlake/Sunset Junction neighborhood. Positioned on Kingsley Drive, just south of Fountain Avenue, 1163 North Kingsley Drive is located in a charming neighborhood and offers residents a fully amenitized apartment home.Having been fully re-positioned down to the studs in 2015, the subject property offers residents luxury finishes with tasteful modern appointments. The improvements are gated and feature six on-site parking spaces. The property consists of two one-bedroom/one-bathroom units, one two-bedroom/two-bathroom unit and four three-bedroom/two-bathroom units. Residents benefit by being close to the heart of Hollywood, featuring popular restaurants, trendy retailers and nightlife venues but far enough to give tenants a quieter living environment with less congestion. Due to its 1924 constructi

Last Agent to Sell the Property

Sean Rosenzweig

Marcus & Millichap License #01406343 Listed on: 02/08/2017

Last Buyer's Agent

Don Ivone

California R.E.Services License #01015138

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $44,530

Year Built

  • Built in 1924

Lot Details

  • 7,822 Sq Ft Lot

Parking

  • 6 Parking Spaces

Interior Spaces

  • 6,867 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 7 Bathrooms

Community Details

  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 5537-010-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$44,530

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 6867
  • Stories: 2
  • Year Built: 1924
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 7.00
  • Den: 0
  • Price Per S Q F T: 476.00

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Parking Space
  • Total Parking: 6

Lot Info

  • Assessed Improvement Value: 744000
  • Assessed Land Value: 800000
  • Assessor Parcel Number: 5537-010-003
  • Geocode Override: No
  • Lot Size Area: 7822

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 13.85
  • Number Of Units: 7
  • Total Annual Expense: 64306
  • Type Of Units: 1+1,2+2,3+2
  • Vacancy Rate: 3%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2017
Closed on
Jun 13, 2017
Sold by
Neilson Hammer Fm Llc
Bought by
Meena Mike J and Meena Kelly L
Seller's Agent
Sean Rosenzweig
Marcus & Millichap
Buyer's Agent
Don Ivone
California R.E.Services
List Price
$3,395,000
Sold Price
$3,171,950
Premium/Discount to List
-$223,050
-6.57%
Current Estimated Value
$4,942,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,770,924
Avg. Annual Appreciation
5.48%
Original Mortgage
$2,250,000
Outstanding Balance
$1,205,834
Interest Rate
4.02%
Mortgage Type
Commercial
Estimated Equity
$3,717,413

Purchase Details

Listed on
Feb 8, 2017
Closed on
Jun 12, 2017
Sold by
Must Amy
Bought by
Must Jordan
Seller's Agent
Sean Rosenzweig
Marcus & Millichap
Buyer's Agent
Don Ivone
California R.E.Services
List Price
$3,395,000
Sold Price
$3,171,950
Premium/Discount to List
-$223,050
-6.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,250,000
Outstanding Balance
$1,205,834
Interest Rate
4.02%
Mortgage Type
Commercial
Estimated Equity
$3,717,413

Purchase Details

Listed on
Feb 8, 2017
Closed on
May 1, 2017
Sold by
Neilson Hammer Kf Llc
Bought by
Neilson Hammer Fm Llc
Seller's Agent
Sean Rosenzweig
Marcus & Millichap
Buyer's Agent
Don Ivone
California R.E.Services
List Price
$3,395,000
Sold Price
$3,171,950
Premium/Discount to List
-$223,050
-6.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,250,000
Outstanding Balance
$1,205,834
Interest Rate
4.02%
Mortgage Type
Commercial
Estimated Equity
$3,717,413

Purchase Details

Closed on
Jul 28, 2015
Sold by
Rodriguez Ivan and Velasquez Viviana
Bought by
Real Estate Fund 2015 Llc

Purchase Details

Closed on
May 18, 1994
Sold by
Velasquez Julia Isabel
Bought by
Velasquez Jose A
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Meena Mike J $3,172,000 Stewart Title
Must Jordan -- Stewart Title
Neilson Hammer Fm Llc -- Stewart Title Of Ca Inc
Real Estate Fund 2015 Llc $1,544,000 Lawyers Title Ins Co
Velasquez Jose A -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meena Mike J $2,250,000
Previous Owner Neilson Hammer Real Estate Fund 2015 Llc $1,750,000
Previous Owner Velasquez Jose A $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2025 06/05/25 Off Market -- -- --
10/02/2024 10/02/24 For Rent -- -- --
06/19/2017 06/19/17 Sold $3,171,950 -3.1% $462 / Sq Ft
04/26/2017 04/26/17 Pending -- -- --
03/28/2017 03/28/17 Price Changed $3,275,000 -3.5% $477 / Sq Ft
02/08/2017 02/08/17 For Sale $3,395,000 -- $494 / Sq Ft
Source: The MLS

Tax History Compared to Growth

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 $44,530 $3,681,372 $2,553,286 $1,128,086
2024 $44,530 $3,609,189 $2,503,222 $1,105,967
2023 $43,671 $3,538,422 $2,454,140 $1,084,282
2022 $41,652 $3,469,042 $2,406,020 $1,063,022
2021 $41,136 $3,401,023 $2,358,844 $1,042,179
2019 $39,912 $3,300,148 $2,288,880 $1,011,268
2018 $39,688 $3,235,440 $2,244,000 $991,440
2016 $19,241 $1,544,000 $800,000 $744,000
2015 $4,801 $339,398 $275,769 $63,629
2014 $4,861 $332,751 $270,368 $62,383
Source: Public Records

Agents Affiliated with this Home

  • Sean Rosenzweig

    Seller's Agent in 2017

    Sean Rosenzweig

    Marcus & Millichap

    (213) 943-1800

    3 in this area

    67 Total Sales

    Sean Rosenzweig
    Section Image

  • D

    Buyer's Agent in 2017

    Don Ivone

    California R.E.Services

    (818) 378-7759

    8 Total Sales

    Don Ivone
    Section Image
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Map

Source: The MLS

MLS Number: 17-200816

The MLS

APN: 5537-010-003

California Los Angeles County Los Angeles 90029 East Hollywood

1163 N Kingsley Dr, Los Angeles, CA

This home is located at 1163 N Kingsley Dr, Los Angeles, CA 90029 since 08 February 2017 and is currently estimated at $4,942,874, approximately $719 per square foot. This property was built in 1924. 1163 N Kingsley Dr is a home located in Los Angeles County with nearby schools including Kingsley Elementary School, Joseph Le Conte Middle School, and STEM Academy at Bernstein High.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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