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$1,750,000

Beds
5
sq ft
2,202

126 N Kingsley Dr, Los Angeles, CA 90004

126 N Kingsley Dr

Los Angeles, CA 90004

  • 86 days on market
Discover a rare investment opportunity in the heart of Koreatown, Los Angeles with this 4-unit property. Situated in a vibrant location with close proximity to key amenities, attractions, schools, and transportation, this versatile property offers a mix of units to suit various living arrangements. The main home features 3 bedrooms, with the den cleverly converted into a 4th bedroom, while two additional units provide 1 bedroom and 1 bath each. A studio in the rear adds flexibility to the investment potential. With ample parking and strategic location, this property is ideal for both investors seeking consistent income and residents looking for a central, culturally rich living experience.

Details

Property type

Est. home value

$984,082

Lot size

6,171 sq ft

Price per sq ft

$795

Year built

1911

HOA

No

Price History

06/26/2024
CLAW

CLAW #24408711

Listed
$1,750,000
-10.26%
06/05/2024
CLAW

CLAW #23337647

Removed
$1,950,000
12/30/2023
CLAW

CLAW #23337647

Listed
$1,950,000

Schools & Community

Neighborhood: 

Koreatown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

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

Lender

Quicken Loans Llc

Loan start date

July 2021

Original loan amount

$705,000

Est. remaining balance

$656,384

Interest rate

2.94%

Loan type

New Conventional, 30 year

Seller

Grace S Gonong and Fernandico Q Gonong

Lender

Americas Wholesale Lender

Loan start date

April 2003

Original loan amount

$318,750

Est. remaining balance

Not provided

Interest rate

6.25%

Loan type

Commercial, 30 year

Seller

Fernandico Q Gonong and Grace S Gonong

Lender

Dba Qmg America

Loan start date

July 2001

Original loan amount

$270,751

Est. remaining balance

$119,077

Interest rate

7.24%

Loan type

FHA, 30 year

Seller

Fernandico Q Gonong and Grace S Gonong

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: 09/20/2024 at 5:40 PM

Listing updated: 08/10/2024 at 3:03 PM

Listed by: James Paul Valerio, The Valerio Group, Inc. Phone #: (323) 420-4669

MLS: CLAW #24408711

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