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709 S KINGSLEY Drive, Los Angeles, CA 90005

Property

For sale now

709 S KINGSLEY Drive is on the market at $6,850,000 (21 bd · 21 ba · 11,216 sqft). See the current listing →

709 S KINGSLEY Drive, Los Angeles, CA 90005 Sold March 2018 CRMLS
$5,300,000Sold March 2018

Listing Agent: Luis Rhee (DRE #01979791) · Listing Office: Metis Real Estate · Contact: 408-329-8211 · Bought with: Mi Jeong Kim · New Star Realty · MLS #17266562 · Source: CRMLS

6,756 sqft
Lot Size
1989
Year Built
Property
Type
21
Garage
CentralAir
Cooling

How this sale compares

709 S KINGSLEY Drive sold for $5,300,000 in March 2018, 7.0% under its $5,700,000 list price, after 91 days on the market. It was first listed at $6,000,000. Across 40 closed sales in 90005 over the last 12 months, the median sold price is $812,000 and the median is $585 per square foot.

$585
90005 median per sq ft (12 mo)
$812,000
90005 median sold price (12 mo)
40
Closed sales in 90005 (12 mo)
91
Days on market
−7.0%
Sold vs. list price
QuarterClosed sales in 90005Median sold price
Q1 20266$915,000
Q2 202620$954,500
Q3 202614$750,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90005

About this property

Back on Market!!! Rare investment opportunity in the heart of Koreatown. No rent control restrictions in this newly built 15 unit apartment building. Each unit is individually metered with laundry room that generates additional income for the owner. No onsite manager required. Building has 18 secured subterranean parking spaces which provides enough spaces for every unit. Newly updated common areas with lots of potential for revenue growth. Central location to all that Koreatown has to offer including restaurants, cafes, markets, Wiltern Theater, and the Western/Wilshire Metro station.

Listing description from the March 2018 sale, as reported to CRMLS.

Sale history

$5,300,000
Sold March 2018 · listed $5,700,000, orig. $6,000,000, on market September 2017, 91 days on market · MLS #17266562 · Source: CRMLS
Listing Agent: Luis Rhee · Listing Office: Metis Real Estate · Contact: 408-329-8211 · Bought with: Mi Jeong Kim · New Star Realty

Recent sales near 709 S KINGSLEY Drive

MLS-reported closed sales in 90005, nearest first (last 12 months). All recent sales in Los Angeles →

Questions about 709 S KINGSLEY Drive

When did 709 S KINGSLEY Drive last sell?

709 S KINGSLEY Drive last sold in March 2018 for $5,300,000, according to CRMLS-reported closed sales.

What did 709 S KINGSLEY Drive sell for?

$5,300,000, 7.0% below the $5,700,000 list price, after 91 days on the market.

How does that compare to other Los Angeles sales?

40 homes closed in ZIP 90005 over the last 12 months at a median of $812,000 ($585 per square foot).

Is 709 S KINGSLEY Drive for sale now?

Yes — 709 S KINGSLEY Drive is currently on the market at $6,850,000. Open the current listing on Nalren for photos, details and the listing agent.

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