$1,199,000
-$201,0001242 S Kingsley Drive, Los Angeles CA 90006
Multi-Family (4 Units)
Property type
95 days
On market
$410
Price per sqft
N/A
Garage
1913
Year built
5,910 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: Steven Kwak DRE #02032570 323-304-0207, KORUS Real Estate, James Chin DRE #01974419 213-251-9000, KORUS Real Estate
Listing updated: Jun 3, 2026 at 12:25am.
Last checked: Jun 3, 2026 at 01:00am
Source: CRMLS #26656643
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $1,720 | $20,650 | $1,720 | Unfurnished |
| 1 | 1 | 1 | — | $2,704 | $32,450 | $2,704 | Unfurnished |
| 1 | 1 | 1 | — | $1,079 | $13,000 | $1,079 | Unfurnished |
| 1 | 1 | 1 | — | $987 | $11,850 | $987 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Dishwasher: 4
Disposal: 4
Ranges: 4
Rent Control: Yes
Tenant Pays: Electricity, Gas, Trash Collection
Financial Snapshot
Cap Rate
3.78%
NOI / List Price
Net Operating Income: $45,312
Annual Operating Expenses
Gardener: $600
Insurance: $4,565
New Taxes: $14,208
Water / Sewer: $10,800
Interior
Cooling: None
Heating: Radiant
Appliances: Dishwasher, Disposal, Range
Fireplace: None
Laundry: None
Entry Location: Ground Level W, Steps
Exterior
Stories Total: 0
Levels: Two
Direction Faces: West
Pool: None
Spa: None
View: None
Garage and Parking
Parking: Assigned, Carport, Off Site
Uncovered Spaces: 4
Parking Total: 4
Lot Information
Land Lease: No
Parcel #: 5080028017
Additional Parcels: No
Zoning: LAR3
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 1242 S Kingsley Drive, Los Angeles, CA 90006. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$959,200
Total Interest
$1,223,407
Total Payment
$2,182,607
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$7,462
per month
Property History for 1242 S Kingsley Drive
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90006.
Similar Homes
Listings with similar prices to 1242 S Kingsley Drive