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Sold for $599,000 · Aug 2016

SOLD
Sold

718 N Kingsley Drive, Los Angeles, CA 90029

Los Angeles, CA

MLS# PW16113680

1,328 Sq Ft • Single Family Home3bd • 2ba
90 days on market

Listing Agent

Seth Hamilton

Listing Agent

Citivest Realty Services

DRE #: 01897619

Brokerage: Citivest Realty Services

Property Details

3

Bedrooms

2

Bathrooms

1,328 sqft

Square Feet

1922

Year Built

5,848 sqft

Lot Size

$451

Price/Sq Ft

0

Garage Spaces

N/A

HOA

Single Family Home

Property Type

Description

Great fixer upper property or tear down and multifamily development opportunity. Zoned RD1.5, easily build 3 extra-large units. Or with a density bonus build 4 units. Great central location in the heart of Hollywood, minutes from Koreatown, Griffith Park Observatory, Dodger Stadium and less than 2 miles to the popular Sunset Junction. This property has tons of potential with great rental opportunities and a healthy appreciation. CASH offer preferred - financing may be difficult to obtain due to property condition. Property sold As-Is, no credits or repairs will be issued.

Listing description from the August 2016 sale, as reported to CRMLS.

Facts & Features

Details

Stories
1
Cooling
None

Sale history for 718 N Kingsley Drive

2 recorded sales

$599,000
Sold August 2016 · orig. $620,000, on market May 2016, 90 days on market · MLS #PW16113680 · Source: CRMLS
Listing Agent: Seth Hamilton · Listing Office: Citivest Realty Services · Contact: 800-819-9347 · Bought with: Maria Anderson · Keller Williams Hollywood Hill
$590,000
Sold May 2016 · listed $599,000, on market April 2016, 6 days on market · MLS #SB16068602 · Source: CRMLS
Listing Agent: Dawn MacLeod · Listing Office: TDC/Pacific Properties Inc. · Contact: 310-827-3744 · Bought with: William Rios · Beltran Rios, Inc.

How this sale compares

718 N Kingsley Drive sold for $599,000 in August 2016, at its full list price, after 90 days on the market. It was first listed at $620,000. That works out to $451 per square foot on 1,328 square feet. Across 45 closed sales in 90029 over the last 12 months, the median sold price is $1,161,120 and the median is $679 per square foot, 51% above this sale's $451. 3-bedroom rentals in 90029 currently list at a median of $4,000 a month (12 listings).

$451
This sale, per sq ft
$679
90029 median per sq ft (12 mo)
$1,161,120
90029 median sold price (12 mo)
45
Closed sales in 90029 (12 mo)
90
Days on market
QuarterClosed sales in 90029Median sold price
Q1 20262$1,250,000
Q2 202622$1,205,000
Q3 202618$1,178,060
Q4 20263$850,000

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 90029

Recent sales near 718 N Kingsley Drive

Closed sales reported in 90029, nearest first, last 12 months. All recent sales in Los Angeles →

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