NOT LISTED FOR SALE

837 N Kingsley Dr Los Angeles, CA 90029

East Hollywood Neighborhood

Estimated Value: $1,273,000 - $3,931,000

16 Beds
16 Baths
6,848 Sq Ft
$435/Sq Ft Est. Value

Last Sold May 11, 2022

Last sale price $3,400,000 $496 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $19,615/month

62 Days on Market

Highlights

  • New Construction
  • Primary Bedroom Suite
  • City Lights View
  • STEM Academy at Bernstein High Rated A-
  • Gated Parking
  • 2-minute walk to Lemon Grove Recreation Center

About This Home

As of May 2022

Offers due by Thursday, April 14. PRICE IMPROVEMENT! Take a look at our newly built quadplex conveniently located minutes away from Hollywood, Silver Lake, Echo Park, and Downtown Los Angeles. The lot features landscaping, a sprinkler system, outdoor lighting, parking for all units, and a gated driveway. Each of the units has four bedrooms, four bathrooms, stainless steel appliances, in-unit full-sized washer and dryer, a Nest thermostat, and sweeping views of the city, mountains, Hollywood Sign, and Griffith Observatory.

Last Agent to Sell the Property

Josue Rosa

Engel & Völkers Burbank License #02027848 Listed on: 02/18/2022

Engel & Völkers Burbank

Last Buyer's Agent

Elizabeth Maddox

Myunits.com Inc. License #01921425

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $42,022

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 7,147 Sq Ft Lot
  • Two or More Common Walls
  • Drip System Landscaping
  • Corner Lot
  • Level Lot
  • Density is 2-5 Units/Acre

Property Views

  • City Lights
  • Mountain

Home Design

  • Quadruplex
  • Turnkey

Interior Spaces

  • 6,848 Sq Ft Home
  • 3-Story Property
  • Double Pane Windows
  • Window Screens
  • Wood Flooring

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 16 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • 16 Bathrooms

Laundry

  • Laundry Room
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Electric Vehicle Home Charger
  • Parking Available
  • Private Parking
  • Shared Driveway
  • Gated Parking
  • Paved Parking
  • On-Site Parking
  • Parking Lot
  • Off-Street Parking
  • Assigned Parking

Accessible Home Design

  • Doors swing in
  • Accessible Parking

Outdoor Features

  • Exterior Lighting

Location

  • Property is near a park
  • Property is near public transit
  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 83
  • Assessor Parcel Number 5535034019
  • $395 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $2,223
  • Trash Expense $4,560
  • Operating Expense $64,602
  • Gross Income $215,760
  • Net Operating Income $144,686

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$42,022

Year Built

Built in 2021 | New Construction

Lot Details

0

Listing Details

  • Assessments: No
  • Other Phone Description: Property MGMT
  • Other Phone Number: 3238967054
  • Price Per Unit: 862500
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: LARD1.5
  • New Construction: Yes
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5535034019
  • Year Built: 2021
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Accessibility Features: Doors - Swing In, Parking
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Three Or More
  • Price Per Square Foot: 496.50
  • Room Type: Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Two Masters
  • Window Features: Double Pane Windows, Screens

Exterior Features

  • View: City Lights, Mountain(s)
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Driveway, Concrete, Paved, Gated, Off Street, On Site, Parking Space, Private, Shared Driveway, Electric Vehicle Charging Station(s)

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Electric Dryer Hookup, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 4560.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Corner Lot, Landscaped, Lot 6500-9999, Level, Near Public Transit, Park Nearby, Sprinklers Drip System, Walkstreet
  • Lot Size Sq Ft: 7147.00
  • Lot Size Acres: 0.1641

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 215760.00
  • Gross Scheduled Income: 209287.00
  • Insurance Expense: 2223.00
  • Lot Size Area: 7147.0000 Square Feet
  • Net Operating Income: 144686.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Number Wall A C: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 64602.00
  • Rent Control: No
  • Total Expenses: 64602.00

Tax Info

  • Tax Census Tract: 1916.10
  • Tax Lot: 83
  • Tax Tract Number: CO15
  • TaxOtherAnnualAssessmentAmount: 395.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2022
Sold by
La Urban Townhomes Llc
Bought by
Jeffrey E Palmer Family Trust
Current Estimated Value
$2,980,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 29, 2019
Closed on
Jan 21, 2020
Sold by
Perez Eisa B and Perez Mario V
Bought by
Somh Kingley Llc
Seller's Agent
Nurmahal Benigno
First Choice Realty & Finance
Buyer's Agent
Lee Ripma
United Realty Group
List Price
$1,000,000
Sold Price
$1,005,000
Premium/Discount to List
$5,000
0.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.81%
Original Mortgage
$780,000
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 13, 2014
Sold by
Perez Mario V
Bought by
Mario & Elsa Perez 2014 Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jeffrey E Palmer Family Trust -- Chicago Title
Somh Kingley Llc $1,005,000 Provident Title
Mario & Elsa Perez 2014 Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jeffrey E Palmer Family Trust $1,400,000
Previous Owner Sqdg Saturn Llc $6,450,000
Previous Owner Sqmh Kingsley Llc $1,823,500
Previous Owner Somh Kingley Llc $780,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2022 05/11/22 Sold $3,400,000 -1.4% $496 / Sq Ft
03/22/2022 03/22/22 Price Changed $3,450,000 -6.8% $504 / Sq Ft
03/14/2022 03/14/22 Price Changed $3,700,000 -2.6% $540 / Sq Ft
02/18/2022 02/18/22 For Sale $3,800,000 +278.1% $555 / Sq Ft
03/03/2020 03/03/20 Sold $1,005,000 +0.5% $855 / Sq Ft
01/10/2020 01/10/20 Pending -- -- --
01/09/2020 01/09/20 For Sale $1,000,000 -0.5% $851 / Sq Ft
12/26/2019 12/26/19 Off Market $1,005,000 -- --
10/29/2019 10/29/19 For Sale $1,000,000 -- $851 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $42,022 $3,537,360 $2,476,152 $1,061,208
2024 $42,022 $3,468,000 $2,427,600 $1,040,400
2023 $42,012 $3,468,000 $2,427,600 $1,040,400
2022 $12,482 $1,035,718 $828,575 $207,143
2021 $12,328 $1,015,411 $812,329 $203,082
2020 $2,165 $154,796 $116,022 $38,774
2019 $2,089 $151,762 $113,748 $38,014
2018 $1,927 $148,787 $111,518 $37,269
2016 $1,832 $143,012 $107,189 $35,823
2015 $1,806 $140,864 $105,579 $35,285
2014 $1,820 $138,105 $103,511 $34,594
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Josue Rosa

    Engel & Völkers Burbank

    Section Image
  • Elizabeth Maddox

    Buyer's Agent in 2022

    Elizabeth Maddox

    Myunits.com Inc.

    (818) 850-8485

    8 in this area

    115 Total Sales

    Elizabeth Maddox
    Section Image

  • N

    Seller's Agent in 2020

    Nurmahal Benigno

    First Choice Realty & Finance

    (626) 550-6465

    22 Total Sales

    Nurmahal Benigno
    Section Image

  • L

    Buyer's Agent in 2020

    Lee Ripma

    United Realty Group

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22030280

California Regional Multiple Listing Service (CRMLS)

APN: 5535-034-019

California Los Angeles County Los Angeles 90029 East Hollywood

837 N Kingsley Dr, Los Angeles, CA

This home is located at 837 N Kingsley Dr, Los Angeles, CA 90029 since 18 February 2022 and is currently estimated at $2,980,388, approximately $435 per square foot. This property was built in 2021. 837 N Kingsley Dr is a home located in Los Angeles County with nearby schools including Alexandria Avenue Elementary School, STEM Academy at Bernstein High, and Helen Bernstein High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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