1229 S Kingsley Drive Los Angeles, CA ^$ 2,799,000

1229 S Kingsley Drive

^$ 2,799,000

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Recently Listed

1229 S Kingsley Drive

Los Angeles, CA, 90006

^$ 2,799,000

Studio Baths0.0 Sq 5,966

Monthly Estimate*

^$ 18,603

Listed by CenoCORE,Inc.

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Studio

Commercial Property for sale in Los Angeles, CA

for $2,799,000. This 5,966 square foot building was built in 2020 on a lot size of 0.1354.

Located in the heart of Korea-Town, this apartment offers a vibrant urban lifestyle. Close to Downtown LA and USC, with easy access to Freeways 10, 101, and 110. The area boasts trendy clubs, bars, and restaurants. Currently fully occupied with market-rate tenants, yielding a gross rental income of $16,500.

Commercial Active

Price

^$ 2,799,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.1354

Year Built

2020

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24390769

Days on Market

Features

General

Heating Central

Utilities SeeRemarks

Zoning LAR3

HOA 0.0

Security Features CarbonMonoxideDetectors FireDetectionSystem FireSprinklerSystem SecurityGate GatedCommunity KeyCardEntry SmokeDetectors

Year Built 2020

Community Features Gated

Building Name 1229 S Kingsley

County Los Angeles

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Between Olympic Blvd. & Pico Blvd. Between Western Ave. & Normandie Ave.

City Los Angeles

View Y/N N

Senior Community Y/N N

Total Units 6

MLS Area C17 - Mid-Wilshire

Lot Size Square Feet 5897.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Kingsley

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 12

Standard Status Active

Exterior

Total Parking 10.0

Lot Size Area 5897.0

Spa N

Building Area Total 5966.0

Lot Size Acres 0.1354

Lot Size Units SquareFeet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 3

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Street Suffix Drive

Electric On Property Y/N N

Total Baths 0

Internal Only

Street Number 1 1229

* Excluded Features

List By

Cenocore,Inc.

Broker

(213) 799-1122

Phone

Affordability Calculator

$18,603

Per Month

Monthly Principal & Interest: $18,603
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Los Angeles, CA

Average List Price ^$2,262,394

Percent of Sale Price 19%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/11/2024	$2,799,000		Listed Price

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1229 S Kingsley Drive, Los Angeles, CA, 90006 is a Commercial Property for sale at $2,799,000 with 5,966 sqft and a lot size of 0.1354. 1229 S Kingsley Drive is a studio with 0.0 baths and was built in 2020. The property's zip code is 90006 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/26/2024. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1229 S Kingsley Drive

Commercial Property for sale in Los Angeles, CA

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