NOT LISTED FOR SALE

626 -630 N Kingsley Dr Los Angeles, CA 90004

East Hollywood Neighborhood
37 Beds
19 Baths
13,120 Sq Ft
0.52 Acres

Last Sold November 18, 2022

Last sale price $5,500,000 $419 Per Sq Ft

44 Days on Market

Highlights

  • 0.52 Acre Lot
  • Granite Countertops
  • Tankless Water Heater
  • Bamboo Flooring
  • Side by Side Parking
  • ADA Compliant

About This Home

As of November 2022

626 & 630 N Kingsley Drive, an eighteen unit apartment community portfolio located in the Melrose Hill neighborhood of Los Angeles, adjacent to Koreatown. Originally built in 1987 & 1924, the current owner has owned the building for over 20 years. There will be 13 out of 18 units delivered vacant, the property is perfectly suited for a comprehensive renovation that would allow investors to immediately add value.

Last Agent to Sell the Property

Andrew Park

Marcus & Millichap License #01960665 Listed on: 05/08/2021

Last Buyer's Agent

Andrew Park

Marcus & Millichap License #01960665 Listed on: 05/08/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 0.52 Acre Lot
  • Gated Home

Interior Spaces

  • 13,120 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Granite Countertops

Flooring

  • Bamboo
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 37 Bedrooms
  • 19 Bathrooms

Home Security

  • Security Lights
  • Fire and Smoke Detector

Parking

  • 29 Parking Spaces
  • Side by Side Parking
  • Tandem Parking

Accessible Home Design

  • ADA Compliant

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Tankless Water Heater

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number 5521-007-033

Community Details

Overview

  • 5 Buildings
  • 18 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • ADA Compliant: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Building Permit: Yes
  • Living Area: 13120
  • Lot Acreage: 0.5200
  • Probate: Yes
  • Stories: 2
  • Year Built: 1987
  • Number Of Photos: 36
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Bamboo, Laminate, Tile
  • Bedrooms: 37
  • Kitchen Features: Granite Counters
  • Laundry: Community
  • Total Bathrooms: 19.00
  • Equipment: Range/Oven, Refrigerator
  • Price Per S Q F T: 434.45

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Side By Side, Tandem
  • Total Parking: 29

Utilities

  • Water Heater: Tankless, Water Heater Unit
  • Cooling: Air Conditioning, Central, Wall/Window
  • Heating: Central, Wall
  • Security: Gated, Exterior Security Lights, Smoke Detector
  • Water Heaters: Yes

Lot Info

  • Assessor Parcel Number: 5521-007-033
  • Lot Size Area: 22735

Rental Info

  • Court Approve: Yes
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 10.54
  • Number Of Units: 18
  • Total Annual Expense: 139206
  • Type Of Units: Multifamily
  • Vacancy Rate: 72.22%

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $5,500,000 -3.5% $419 / Sq Ft
06/21/2021 06/21/21 Pending -- -- --
06/07/2021 06/07/21 Price Changed $5,700,000 -3.4% $434 / Sq Ft
05/28/2021 05/28/21 For Sale $5,900,000 0.0% $450 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
05/08/2021 05/08/21 For Sale $5,900,000 -- $450 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Andrew Park

    Marcus & Millichap

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Map

Source: The MLS

MLS Number: 21-730610

The MLS
California Los Angeles County Los Angeles 90004 East Hollywood

626 -630 N Kingsley Dr, Los Angeles, CA

This home is located at 626 -630 N Kingsley Dr, Los Angeles, CA 90004 since 08 May 2021. This property was built in 1987. 626 -630 N Kingsley Dr is a home located in Los Angeles County with nearby schools including Harvard Elementary School, Virgil Middle School, and Belmont High School.

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