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$2,400,000

Beds
2
sq ft
2,092

1139 S Kingsley Dr, Los Angeles, CA 90006

1139 S Kingsley Dr

Los Angeles, CA 90006

  • 27 days on market
Side by side properties sold together only as one sale. APN's: 5080-026-008 & -009 Price is for both parcels. Sale Price: $2,400,000. 1139 S. Kingsley Dr. APN# 5080-026-008 & 1145 S. Kingsley Dr. APN# 5080-026-009 - Approximately 11,800sq.ft. both parcels combined. R-3 ZONING TOC-TIER 2. Excellent location in a Developmental Project area. Can be developed into a Multi-Unit building. Located within the Koreatown redevelopment project area. Koreatown Galleria supermarket & retail stores in very close distance. Dense demographic neighborhood. Close proximity to Olympic Blvd & Western. BUILDING SIZE: 2,902 sq. ft. + 1,665 sq. ft. = 3,757 sq. ft. (combined). LAND SIZE: 5,900 sq. ft. + 5,902 sq. ft. = 11,802 sq. ft. (combined) LAND PRICE PER SF: $203 per sq. ft. ZONING: R3-1 TRANSIT ORIENT COMMUNITIES Tier 2. Most renters are currently on a monthly basis. There is a possibility that few units will be delivered in vacant at COE. Showing with accepted offer only. Drive by only, DO NOT DISTURB TENANTS AND DO NOT WALK ON THE PROPERTY. Please do not call the seller as the property is listed!!!

Details

Property type

Lot size

5,902 sq ft

Price per sq ft

$1,148

Year built

1924

HOA

No

Price History

01/02/2025
CLAW

CLAW #25476265

Listed
$2,400,000
-2.04%
01/01/2025
CLAW

CLAW #24383521

Removed
$2,450,000
11/05/2024
CLAW

CLAW #24383521

Price change
$2,450,000
-1.61%

Schools & Community

Neighborhood: 

Harvard Heights

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,968,223
Asking price
$2,400,000
Closing costs (~8% of asking)
-$192,000
Est. remaining loan balance
-$239,777
Cash to seller
$1,968,223

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Secure One Capital Corp

Loan start date

August 2021

Original loan amount

$259,000

Est. remaining balance

$239,777

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Soo Woong Shin and Yeong Yee Shin

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/30/2025 at 5:45 PM

Listing updated: 01/19/2025 at 3:15 AM

Listed by: Kyi Lee, KORUS Real Estate Phone #: (213) 251-9000

MLS: CLAW #25476265

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