Charming quadruplex near Koreatown, in Mid-Wilshire, offering an excellent investment opportunity. The property features four units, with two units beautifully remodeled in recent years. The building is currently fully occupied, providing immediate and stable rental income. In addition to the residential units, there are storage/parking spaces in the rear, offering added convenience and value for tenants. Public records reflect 4 bedrooms and 4 bathrooms; however, one unit includes a spacious den that functions much like an additional bedroom. Washer and dryer hookups are also available. Buyer and buyer's agent to independently verify all information and rely on their own investigations.
For sale
$1,199,000
1242 S Kingsley Dr, Los Angeles, CA 90006
4beds
4baths
2,924sqft
:
Get pre-qualified$8,033/mo
Multi Family
Built in 1913
-- sqft lot
$1,161,400 Zestimate®
$410/sqft
$-- HOA
What's special
Washer and dryer hookups
- 159 days |
- 37 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Steven Kwak DRE # 02032570 323-304-0207,
KORUS Real Estate 213-251-9000,
James Chin DRE # 01974419 213-251-9000,
KORUS Real Estate
Source: CLAW,MLS#: 26656643
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Radiant
Cooling
- None
Appliances
- Included: Range, Dishwasher, Range/Oven, Disposal
- Laundry: None, Gas Dryer Hookup
Features
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,924
- Total interior livable area: 2,924 sqft
Property
Parking
- Total spaces: 4
- Parking features: Carport, Assigned, Off Site
- Has carport: Yes
- Uncovered spaces: 4
Features
- Levels: Two
- Entry location: Ground Level w/steps
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
- Waterfront features: None
Lot
- Size: 5,911 Square Feet
Details
- Additional structures: None
- Parcel number: 5080028017
- Zoning: LAR3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1913
Community & HOA
Community
- Security: None
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $410/sqft
- Tax assessed value: $1,148,972
- Annual tax amount: $14,208
- Date on market: 3/2/2026
- Tenant pays: Gas, Trash Collection, Electricity
Estimated market value
$1,161,400
$1.10M - $1.22M
$2,776/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Price change | $1,199,000-14.4%$410/sqft |
Source:  CLAW #26656643 Report a problem | ||
| 3/2/2026 | Listed for sale | $1,400,000+41.4%$479/sqft |
Source: CLAW #26656643 Report a problem | ||
| 8/13/2017 | Listing removed | $1,600$1/sqft |
Source: New Star Realty #17-255946 Report a problem | ||
| 7/29/2017 | Listed for rent | $1,600$1/sqft |
Source: New Star Realty #17255946 Report a problem | ||
| 5/31/2017 | Sold | $990,000+2.6%$339/sqft |
Source:  CLAW #17221028 Report a problem | ||
| 5/15/2017 | Pending sale | $965,000$330/sqft |
Source: KORUS Real Estate #17221028 Report a problem | ||
| 5/1/2017 | Listed for sale | $965,000$330/sqft |
Source: KORUS Real Estate #17221028 Report a problem | ||
| 4/22/2017 | Pending sale | $965,000$330/sqft |
Source: KORUS Real Estate #17221028 Report a problem | ||
| 4/14/2017 | Listed for sale | $965,000+128.2%$330/sqft |
Source: KORUS Real Estate #17221028 Report a problem | ||
| 7/28/2016 | Listing removed | $1,600+6.7%$1/sqft |
Source: Ivy Realty Co. #16139398_CLAW Report a problem | ||
| 3/13/2016 | Listing removed | $1,500$1/sqft |
Source: Ivy Realty Co. #16973547 Report a problem | ||
| 3/2/2016 | Price change | $1,500-6.3%$1/sqft |
Source: Ivy Realty Co. #16973547 Report a problem | ||
| 1/20/2016 | Listed for rent | $1,600$1/sqft |
Source: Ivy Realty Co. #16973547 Report a problem | ||
| 5/23/2011 | Sold | $422,850+103.3%$145/sqft |
Source: Public Record Report a problem | ||
| 6/7/1999 | Sold | $208,000+146.2%$71/sqft |
Source: Public Record Report a problem | ||
| 4/30/1998 | Sold | $84,500$29/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,208 +1.3% | $1,148,972 +2% |
| 2024 | $14,028 +1.9% | $1,126,444 +2% |
| 2023 | $13,764 +4.8% | $1,104,357 +2% |
| 2022 | $13,135 +1.3% | $1,082,704 +2% |
| 2021 | $12,965 -1% | $1,061,476 +1% |
| 2020 | $13,095 | $1,050,593 +2% |
| 2019 | $13,095 +5.1% | $1,029,995 +2% |
| 2018 | $12,456 | $1,009,800 +56.9% |
| 2017 | $12,456 +54.6% | $643,671 +2% |
| 2016 | $8,058 +2.6% | $631,050 +45.1% |
| 2015 | $7,856 +43.4% | $434,928 +2% |
| 2014 | $5,478 | $426,409 +2.5% |
| 2012 | -- | $416,160 -9.3% |
| 2011 | -- | $458,864 +0.8% |
| 2010 | -- | $455,436 -0.2% |
| 2009 | -- | $456,519 +2% |
| 2008 | -- | $447,568 +2% |
| 2007 | -- | $438,793 +2% |
| 2006 | -- | $430,190 |
| 2005 | -- | $430,190 +4% |
| 2004 | -- | $413,487 +1.9% |
| 2003 | -- | $405,910 +2% |
| 2002 | -- | $397,952 +4% |
| 2000 | -- | $382,500 |
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: 0.9 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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