Prime Koreatown investment opportunity at 1145 S Kingsley Dr with the rare option to acquire the adjacent property at 1139 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.
For sale
Price cut: $125K (7/15)
$1,125,000
1145 S Kingsley Dr, Los Angeles, CA 90006
3beds
2baths
1,665sqft
:
Get pre-qualified$7,524/mo
Multi Family
Built in 1895
-- sqft lot
$718,800 Zestimate®
$676/sqft
$-- HOA
What's special
- 57 days |
- 39 |
- 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#: 26845511
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Other
Cooling
- Other
Appliances
- Included: Range/Oven
Interior area
- Total structure area: 1,665
- Total interior livable area: 1,665 sqft
Property
Parking
- Parking features: Assigned
Features
- Levels: One
Lot
- Size: 5,902 Square Feet
Details
- Additional structures: None
- Parcel number: 5080026009
- Zoning: LAR3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1895
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $676/sqft
- Tax assessed value: $514,973
- Annual tax amount: $6,504
- Date on market: 6/10/2026
Estimated market value
$718,800
$611,000 - $827,000
$3,266/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2026 | Price change | $1,125,000-10%$676/sqft |
Source:  CLAW #26859535 Report a problem | ||
| 6/10/2026 | Listed for sale | $1,250,000+13.7%$751/sqft |
Source: CLAW #26845511 Report a problem | ||
| 6/5/2026 | Listing removed | $1,099,000$660/sqft |
Source: CLAW #26639835 Report a problem | ||
| 3/15/2026 | Price change | $1,099,000-7.6%$660/sqft |
Source: CLAW #26639835 Report a problem | ||
| 1/19/2026 | Listed for sale | $1,190,000-48.3%$715/sqft |
Source: CLAW #26639835 Report a problem | ||
| 11/25/2025 | Listing removed | $2,300,000$1,381/sqft |
Source: CLAW #25-476307 Report a problem | ||
| 5/2/2025 | Price change | $2,300,000-4.2%$1,381/sqft |
Source: CLAW #25533189 Report a problem | ||
| 1/3/2025 | Listed for sale | $2,400,000-2%$1,441/sqft |
Source: CLAW #25-476307 Report a problem | ||
| 11/5/2024 | Listing removed | $2,450,000-1.6%$1,471/sqft |
Source: CLAW #24-383585 Report a problem | ||
| 10/29/2024 | Price change | $2,490,000-0.4%$1,495/sqft |
Source: CLAW #24-383585 Report a problem | ||
| 4/23/2024 | Listed for sale | $2,500,000-2%$1,502/sqft |
Source: CLAW #24-383585 Report a problem | ||
| 12/1/2023 | Listing removed | -- |
Source: CLAW #23-241792 Report a problem | ||
| 5/31/2023 | Price change | $2,550,000-10.5%$1,532/sqft |
Source: CLAW #23-241792 Report a problem | ||
| 3/21/2023 | Listed for sale | $2,850,000$1,712/sqft |
Source: CLAW #23-241792 Report a problem | ||
| 3/8/2023 | Listing removed | -- |
Source: CLAW #23-241792 Report a problem | ||
| 2/14/2023 | Listed for sale | $2,850,000+111.1%$1,712/sqft |
Source: CLAW #23-241792 Report a problem | ||
| 1/14/2021 | Listing removed | -- |
Source:  CLAW Report a problem | ||
| 10/30/2020 | Price change | $1,350,000+8%$811/sqft |
Source: KORUS Real Estate #19526804 Report a problem | ||
| 7/7/2020 | Price change | $1,250,000+4.2%$751/sqft |
Source: KORUS Real Estate #19526804 Report a problem | ||
| 7/17/2018 | Price change | $1,200,000-50%$721/sqft |
Source: KORUS Real Estate #18365966 Report a problem | ||
| 4/11/2018 | Listed for sale | $2,400,000$1,441/sqft |
Source: KORUS Real Estate #18311686 Report a problem | ||
| 4/10/2018 | Pending sale | $2,400,000$1,441/sqft |
Source: KORUS Real Estate #18311686 Report a problem | ||
| 3/22/2018 | Price change | $2,400,000-4%$1,441/sqft |
Source: KORUS Real Estate #18311686 Report a problem | ||
| 2/9/2018 | Listed for sale | $2,500,000+509.8%$1,502/sqft |
Source: KORUS Real Estate #18311686 Report a problem | ||
| 6/15/2012 | Sold | $410,000-90.7%$246/sqft |
Source: Public Record Report a problem | ||
| 3/19/2011 | Listing removed | $4,400,002+1233.3%$2,643/sqft |
Source: Newstar Realty Report a problem | ||
| 9/24/2010 | Sold | $330,000-36.5%$198/sqft |
Source: Public Record Report a problem | ||
| 3/28/2005 | Sold | $520,000+127.1%$312/sqft |
Source: Public Record Report a problem | ||
| 8/8/2001 | Sold | $229,000$138/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,504 +1.3% | $514,973 +2% |
| 2024 | $6,418 +1.8% | $504,877 +2% |
| 2023 | $6,302 +4.7% | $494,978 +2% |
| 2022 | $6,020 +1.4% | $485,273 +2% |
| 2021 | $5,940 -1% | $475,758 +1% |
| 2020 | $5,997 | $470,881 +2% |
| 2019 | $5,997 +6.2% | $461,649 +2% |
| 2018 | $5,648 | $452,598 +2% |
| 2017 | $5,648 +2.2% | $443,724 +2% |
| 2016 | $5,528 +2.5% | $435,025 +1.5% |
| 2015 | $5,394 +0.9% | $428,491 +2% |
| 2014 | $5,347 | $420,098 -27.3% |
| 2010 | -- | $577,615 -0.2% |
| 2009 | -- | $578,988 +2% |
| 2008 | -- | $567,637 +2% |
| 2007 | -- | $556,508 +4.9% |
| 2006 | -- | $530,400 +114.3% |
| 2005 | -- | $247,551 +6% |
| 2003 | -- | $233,580 +2% |
| 2002 | -- | $229,000 +140.4% |
| 2000 | -- | $95,239 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Koreatown
Nearby schools
GreatSchools rating
- 2/10Los Angeles Elementary SchoolGrades: K-5Distance: 0.2 mi
- 3/10Berendo Middle SchoolGrades: 6-8Distance: 0.5 mi
- 3/10West Adams Preparatory High SchoolGrades: 9-12Distance: 1.1 mi
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