1 month on rocket

1150 N Kingsley Dr, Los Angeles, CA, 90029

$1,350,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo
Schools Nearby

Location

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1150 N Kingsley Dr, Los Angeles$1,350,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Garage4 spaces
Year Built1928
MLS #SR24045277
Lot Size0.18 Acres
StatusActive

About 1150 N Kingsley Dr

We are pleased to present the opportunity to acquire a fixer 6 unit apartment building in East Hollywood! 4 of the 6 units will be delivered VACANT and present the ideal situation for a buyer to remodel and renovate the vacant units right away! The building consists of 2 structures--the front building consists of 5 units and the back building consists of 1 unit. ALL the units are in a heavy fixer condition. There are also 4 detached garages in the back lot, which can be converted to one or more ADUs. The spacious +/- 7,895 sq. ft. lot. also presents the opportunity to build additional ADUs on the lot. Upon renovating and repositioning the units, the buyer can realize annual rental income of at least $142,800. Located in an Opportunity Zone, the building could provide potential tax benefits for a buyer! The buyer also has the option to revise the unit interior floor plans to maximize revenue. Given the building's central location in the bustling rental Hollywood rental market and close to Virgil Village, Melrose Hill, and the numerous establishments across Santa Monica Blvd., this is a value-add investment not to be missed!

Property Details

Property Features

Property Information:

  • Year Built: 1928
  • Stories: 2

Listing Office:

  • Office Name: Keller Williams Realty Calabasas
  • Office Phone: (818) 915-9118
  • Listing Agent: Anie Mayelian

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 4 spaces

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

School Info

Assigned Schools Information:

  • Helen Bernstein High School, Public District Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Joseph Le Conte Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Kingsley Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: Santa Monica Blvd & Kingsley Dr

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,350,000

Tax Information:

  • Annual Amount: $4,171
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

1150 N Kingsley Dr vs Los Angeles

52 DAYS ON ROCKET

+18 Days

$1,350,000

+$374K More

KEY TAKEAWAY

This property is $374K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SR24045277

Listing Office:

  • Office Name: Keller Williams Realty Calabasas
  • Office Phone: (818) 915-9118
  • Listing Agent: Anie Mayelian

IDX 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 6:25:22 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 20, 1994Home Sold
$180,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,171$282,613
2020$4,065$279,717
2019$3,886$274,233
2018$3,643$268,857
2017$3,643$263,587

History based on county public records data.

Payment Calculator

$6,805

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,114

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3273769
5
/10

  • Kingsley Elementary School

  • 5200 Virginia Ave

  • 0.05 miles

  • Public District Grades KG-5

school-card-donut-3273770
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 2.54 miles

  • Public Magnet Grades KG-6

school-card-donut-3273771
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 20.70 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-3273772
4
/10

  • Joseph Le Conte Middle School

  • 1316 N Bronson Ave

  • 0.87 miles

  • Public Magnet Grades 6-8

school-card-donut-3273773
4
/10

  • Studio

  • 2211 W Avenue 30

  • 3.85 miles

  • Public District Grades 6-8

High School

school-card-donut-3273774
2
/10

  • Helen Bernstein High School

  • 1309 N Wilton Pl

  • 0.70 miles

  • Public District Grades 9-12

school-card-donut-3273775
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 6.39 miles

  • Public Magnet Grades 9-12

school-card-donut-3273776
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 13.33 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,932. Most Los Angeles, CA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1150 N Kingsley Dr

What is the listing price of this property?

The listing price of 1150 N Kingsley Dr property is $1,350,000.

What type of property is this?

The property 1150 N Kingsley Dr is a condo located in Los Angeles, California, 90029.

Is this property for sale now?

Active Listing: 1150 N Kingsley Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1150 N Kingsley Dr are:
Kingsley Elementary School: GreatSchools Rating 5/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Joseph Le Conte Middle School: GreatSchools Rating 4/10
Studio: GreatSchools Rating 4/10
Helen Bernstein High School: GreatSchools Rating 2/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,171 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 20, 1994 for $180,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 1150 N Kingsley Dr is 1928.

Rocket Homes›California›Los Angeles County›Los Angeles›90029›1150 N Kingsley Dr

This home is located at 1150 N Kingsley Dr in Los Angeles, CA and zip code 90029 in the Central LA neighborhood. This home, which was built in 1928, sits on a 0.18 acre lot. It has been listed on Rocket Homes since March 08, 2024 and is currently priced at $1,350,000.

Over 628 listings were sold over their listed price in March 2024 in Los Angeles, CA. In the same period over 579 listings were sold below the listed price and 196 listings were sold for the listed price. The number of listings in Los Angeles, CA increased by 10.8% between February 2024 and March 2024. The median list price of listings available in March 2024 was $975,970, while the average time on the real estate market was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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