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For sale
  • Price cut: $125K (7/15)
    $1,125,000

    1139 S Kingsley Dr #3, Los Angeles, CA 90006

    2beds
    3baths
    2,092sqft
    : 
    $7,116/mo
    Get pre-qualified
    Multi Family
    Built in 1924
    -- sqft lot
    $1,086,700 Zestimate®
    $538/sqft
    $-- HOA

    What's special

    Prime Koreatown investment opportunity at 1139 S Kingsley Dr with the rare option to acquire the adjacent property at 1145 S Kingsley Dr, creating a combined lot size of approximately 11,800 SF. Zoned R3 with TOC Tier 2 incentives, this offering presents exceptional development and value-add potential in one of the most desirable rental markets in Los Angeles. Properties are situated in the heart of Koreatown, just walking distance to Olympic Blvd, and surrounded by major Korean markets, restaurants, cafes, and everyday amenities. This highly walkable location continues to drive strong tenant demand and long-term appreciation. Ideal for investors and developers seeking to maximize density through TOC incentives, reposition existing improvements, or pursue future redevelopment opportunities (buyer to verify zoning, density, and all development potential with the city). Opportunities like thistwo side-by-side parcels in a prime central Koreatown locationare extremely rare. Do not disturb tenants. Drive-by only. Interior inspection subject to accepted offer.
    67 days
    |
    16
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    John C. Pak DRE # 01898649 213-219-7676,

    Christie's International Real Estate SoCal 424-249-7162

    Source: CLAW,MLS#: 26845495MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 3
      Heating
      • Other
      Cooling
      • Other
      Appliances
      • Included: Range/Oven
      Interior area
      • Total structure area: 2,092
      • Total interior livable area: 2,092 sqft

      Property

      Parking
      • Parking features: Assigned
      Features
      • Levels: One
      Lot
      • Size: 5,902 Square Feet
      Details
      • Additional structures: None
      • Parcel number: 5080026008
      • Zoning: LAR3
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Condition
      • Year built: 1924

      Community & HOA

      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $538/sqft
      • Tax assessed value: $486,837
      • Date on market: 6/10/2026

        Estimated market value

        $1,086,700

        $1.03M - $1.14M

        $3,348/mo

        Price history

        DateEventPrice
        7/15/2026Price change$1,125,000-10%$538/sqft
        Source: CLAW #26859533 Report a problem
        6/10/2026Listed for sale$1,250,000$598/sqft
        Source: CLAW #26845495 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Koreatown

        Getting around

        93 / 100
        Walker's Paradise
        66 / 100
        Good Transit
        68 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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