Listing provided courtesy of KORUS Real Estate- MLS# 26656643MLS Provider

1242 S Kingsley DrLos Angeles, CA 90006

Multi-Family · 4 Beds · 2,924 Sq. ft. | 0.14 Acres
$1,199,000 Active

1242 S Kingsley Dr Overview

Time on Site:
120 days
Visits:
0

Charming quadruplex near Koreatown, in Mid-Wilshire, offering an excellent investment opportunity. The property features four units, with two units beautifully remodeled in recent years. The building is currently fully occupied, providing immediate and stable rental income. In addition to the residential units, there are storage/parking spaces in the rear, offering added convenience and value for tenants. Public records reflect 4 bedrooms and 4 bathrooms; however, one unit includes a spacious den that functions much like an additional bedroom. Washer and dryer hookups are also available. Buyer and buyer's agent to independently verify all information and rely on their own investigations.

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1242 S Kingsley Dr Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,924
  • Price/Sq.ft. $410
  • Lot 0.14 Acres

Details

General

Income/Expenses

  • Gross Income: 0
  • Insurance Expense: 4565.00
  • Net Operating Income: 45312.22

Building Information

  • Year Built: 1913

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: Mid-Wilshire

Rent/Lease Information

  • Tenant Pays: Gas, Trash Collection, Electricity

Tax Information

  • Tax Assessed Value: 1148972

General Information

  • Disclosures: None
  • Property Type: Residential Income
  • Rent Control: True
  • Zoning: LAR3

Interior

Beds/Baths

  • Bathrooms Total: 4.00
  • Bedrooms Total: 4

General Information

  • Cooling: None
  • Entry Location: Ground Level w/steps
  • Heating: Radiant
  • Levels: Two
  • Living Area: 2924
  • Living Area Source: Vendor Enhanced
  • Security Features: None
  • Spa Features: None
  • Spa: False
  • Stories: 0

Exterior

Parking Information

  • Open Parking Spaces: 4
  • Parking Total: 4

Lot Information

  • Additional Parcels Description: False
  • Lot Size Acres: 0.1357
  • Lot Size Area: 5910
  • Lot Size Source: Vendor Enhanced
  • Number Of Buildings: 1

Waterfront/View

  • Waterfront Features: None

Building Exterior/Construction

  • Direction Faces: West

General Information

  • Number Of Units Total: 4
  • Other Structures: None
  • Pool Features: None
  • Pool Private: False

1242 S Kingsley Dr Neighborhood

Community

90006 (Los Angeles) Demographics

34
Median Age
30,503
Population Density (per sq. mile)
24%
College Educated
$37,375
Estimated Median Income
1,777
Estimated Total Home Owners
17,372
Estimated Total Renters
9% / 91%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1242 S Kingsley Dr Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1242 S Kingsley Dr Market Data

Based on the last 30 days in this zip code

$804,658
Average List Price
$523
Average Price per Square Foot
10
Properties Sold
77
Average Days on Market
153
Properties for Sale
Calculations provided by Reliance Network

1242 S Kingsley Dr History

Date Event Value Agent
5/5/2026Source: CRMLS Price Reduction
$1,199,000 -14.4%
5/5/2026Source: TheMLS (CLAW) Price Reduction
$1,199,000 -14.4%
3/2/2026Source: CRMLS Added to Database
March 02, 2026
3/2/2026Source: TheMLS (CLAW) Added to Database
March 02, 2026
11/9/2022Source: CRMLS Added to Database
November 09, 2022
6/23/2022Source: TheMLS (CLAW) Added to Database
June 23, 2022
6/23/2022Source: TheMLS (CLAW) Added to Database
June 23, 2022
6/23/2022Source: TheMLS (CLAW) Added to Database
June 23, 2022
6/23/2022Source: TheMLS (CLAW) Added to Database
June 23, 2022
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