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Sold for $2,450,000
    • $2,450,000

    1229 S Kingsley Dr, Los Angeles, CA 90006

    10beds
    10baths
    5,344sqft
    Multi Family
    Built in 2020
    -- sqft lot
    $-- Zestimate®
    $458/sqft
    $2,892 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,892/mo

    Zestimate® history
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    What's special

    SEE ATTACHED DOC FOR INVESTMENT DEPRECIATION AND TAX BENEFIT FOR THE NEXT BUYER. PRICE TICKED UP, ROOM FOR NEGOTIATIONS. INQUIRE WITHIN. LAST PRICE DROP - BEFORE THIS BEAUTIFUL PROPERTY COMES OFF THE MARKET - GET YOUR OFFERS IN. ** $400,000 PRICE DROPPED, NOW WITH SERIOUS PRICE, LOOKING FOR SERIOUS BUYER. ** SECURED, GATED PARKING, CODE ACCESS. BRAND NEW BUILDING BUILT IN 2020, 6 UNITS 2 X 1 BED + 1 BATH, 4 X 2 BED + 2 BATHS UNITS, GREAT LOOKING BUILDING ABSOLUTELY NOT A COOKIE CUTTER INVESTMENT PROPERTY. ELEVATOR, ROOF-TOP COMMON AREA. 10+ PARKING SPACES WITH BIKE RACK, AND STORAGE. SECURED PARKING. CONVENIENT SINGLE FLOOR PLANS. THIS PROPERTY IS located in THE heart of Korea-Town/MID-WILSHIRE in Los Angeles. One of LA's trendiest neighborhoods, BETWEEN SANTA MONICA AND DOWNTOWN LOS ANGELES. Home to several of LA's trendiest clubs, bars, live music venues, and restaurants, Korea-town and Mid-Wilshire are renowned for their night-life and dining options! Very close to Downtown, LA-LIVE, CRYPTO ARENA, USC, Freeway 10, 101, & 110 nearby. THESE UNITS ARE COMPLETED with high-end appliances, Washer/Dryer, Refrigerator, and Dishwasher!!! Beautifully landscaped Rooftop Deck Lounge. LAST CALL!!

    Zillow last checked:

    Listing updated:

    Listed by:

    Max Lee DRE # 01905008 213-434-2433,

    Real Broker 619-663-8680

    Bought with:

    Max Lee, DRE # 01905008

    Real Broker

    Source: CLAW,MLS#: 24-404387MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 10
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Microwave, Refrigerator, Range/Oven, Disposal, Washer, Dryer
    Interior area
    • Total structure area: 5,344
    • Total interior livable area: 5,344 sqft

    Property

    Parking
    • Total spaces: 9
    • Parking features: Assigned
    • Covered spaces: 9
    Features
    • Levels: One
    Lot
    • Size: 5,898 Square Feet
    Details
    • Additional structures: None
    • Parcel number: 5080027007
    • Zoning: LAR3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 2020

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $458/sqft
    • Tax assessed value: $2,497,619
    • Annual tax amount: $30,800
    • Date on market: 8/28/2024

    Price history

    DateEventPrice
    1/27/2026Listing removed$2,200
    Source: CLAW #26639593 Report a problem
    1/17/2026Listed for rent$2,200-26.4%
    Source: CLAW #26639593 Report a problem
    8/30/2025Listing removed$2,990$1/sqft
    Source: CLAW #25551555 Report a problem
    8/26/2025Price change$2,990-0.3%$1/sqft
    Source: CLAW #25551555 Report a problem
    6/30/2025Sold$2,450,000-2%$458/sqft
    Source: CLAW #24-404387 Report a problem
    6/22/2025Price change$3,000-3.2%$1/sqft
    Source: CLAW #25551555 Report a problem
    6/12/2025Listed for rent$3,100$1/sqft
    Source: CLAW #25551555 Report a problem
    5/28/2025Pending sale$2,499,000$468/sqft
    Source: CLAW #24-404387 Report a problem
    5/17/2025Listed for sale$2,499,000-3.8%$468/sqft
    Source: CLAW #24-404387 Report a problem
    5/14/2025Contingent$2,599,000$486/sqft
    Source: CLAW #24-404387 Report a problem
    5/5/2025Price change$2,599,000-3.4%$486/sqft
    Source: CLAW #24-404387 Report a problem
    5/2/2025Price change$2,690,000-0.3%$503/sqft
    Source: CLAW #24-404387 Report a problem
    4/28/2025Price change$2,699,000+8%$505/sqft
    Source: CLAW #24-404387 Report a problem
    4/10/2025Price change$2,499,000-7.4%$468/sqft
    Source: CLAW #24-404387 Report a problem
    3/27/2025Price change$2,699,000-3.6%$505/sqft
    Source: CLAW #24-404387 Report a problem
    2/17/2025Price change$2,799,000-12.5%$524/sqft
    Source: CLAW #24-404387 Report a problem
    1/17/2025Price change$3,200,000-5.9%$599/sqft
    Source: CLAW #24-404387 Report a problem
    11/26/2024Price change$3,400,000+13.3%$636/sqft
    Source: CLAW #24-404387 Report a problem
    10/23/2024Listed for sale$3,000,000$561/sqft
    Source: CLAW #24-404387 Report a problem
    10/15/2024Listing removed$3,000,000$561/sqft
    Source: CLAW #24-404387 Report a problem
    8/29/2024Listed for sale$3,000,000$561/sqft
    Source: CLAW #24-404387 Report a problem
    8/14/2024Listing removed--
    Source: CLAW #24-404387 Report a problem
    6/25/2024Listed for sale$3,000,000$561/sqft
    Source: CLAW #24-404387 Report a problem
    6/16/2024Listing removed--
    Source: CLAW #24-404387 Report a problem
    6/15/2024Listed for sale$3,000,000+400.8%$561/sqft
    Source: CLAW #24-404387 Report a problem
    8/23/2017Listing removed$599,000-26.2%$112/sqft
    Source: Teles Properties #17253798 Report a problem
    8/22/2017Sold$812,000$152/sqft
    Source: CLAW #17253798 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$30,800 +1.3%$2,497,619 +2%
    2024$30,410 +1.9%$2,448,647 +2%
    2023$29,831 +4.8%$2,400,635 +2%
    2022$28,464 +2.7%$2,353,564 +2%
    2021$27,714 +63%$2,307,416 +66.2%
    2020$17,000 $1,388,301 +5.3%
    2019$17,000 +70.9%$1,318,240 +62.3%
    2018$9,948 $812,000 +2074.4%
    2017$9,948 +1561.3%$37,343 +2%
    2016$599 +6.2%$36,612 +1.5%
    2015$564 -1.9%$36,063 +2%
    2014$575 $35,357 +4.5%
    2011-- $33,834 +0.8%
    2010-- $33,582 +3.8%
    2007-- $32,356 +2%
    2006-- $31,723 +4%
    2004-- $30,493 +1.9%
    2003-- $29,936 +2%
    2002-- $29,350 +4%
    2000-- $28,213
    Find assessor info on the county website

    Neighborhood: Koreatown

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