1340 N Kingsley, Los Angeles, California 90027, Los Angeles, 90027 - bed, bath

1340 N Kingsley, Los Angeles, California 90027 home-pic-0
ACTIVE$3,395,000
1340 N Kingsley, Los Angeles, California 90027
0Bed
0Bath
7,139Sqft
5,980Lot
Year Built
2025
Close
-
List price
$3.4M
Original List price
$3.4M
Price/Sqft
$476
HOA
-
Days on market
-
Sold On
-
MLS number
MB25261157
Home ConditionExcellent
Features
Excellent View: City Lights, Landmark, Neighborhood
ViewCity Lights,Landmark,Neighborhood

About this home

We found 4 Cons,5 Pros. Rank: price - $3.40M(86th), sqft - 7139(86th), beds - undefined(43th), baths - undefined(43th).

Exceptional Investment Opportunity – Brand-New 4-Unit Luxury Townhome Building at 1340 N Kingsley Dr, Los Angeles 90027. A rare opportunity to acquire a 2025 new construction, non–rent-controlled 4-unit luxury townhome building in the heart of Prime Hollywood. Perfectly positioned near world-famous entertainment venues, trendy restaurants, shopping, and major Los Angeles attractions, this modern asset offers exceptional convenience and long-term value. The building features two units with 4 bedrooms and 5.5 bathrooms and two units with 5 bedrooms and 5.5 bathrooms, totaling 7,139 sq. ft. of contemporary living space. Each residence offers open-concept layouts, high-end finishes, brand-new appliances, and in-unit washers and dryers—ideal for tenants or owner-users seeking comfort and style. The property also provides breathtaking, unobstructed views of the iconic Hollywood Sign, a highly sought-after amenity rarely found in new construction. With a listing price of $3,395,000, this turnkey asset offers an attractive price of approximately $476 per sq. ft. and an estimated $848,750 per unit. Additional benefits include separate utility meters, minimal owner expenses, modern security systems, two secure gated parking spaces per unit, and the option to be delivered fully occupied with reliable tenants—all within a high-demand, non–rent-controlled Hollywood rental market. Located near Los Feliz and Prime Hollywood’s vibrant corridor, this property places residents just steps from a curated collection of local favorites including Yuca’s, Alcove Café & Bakery, Little Dom’s, Hangari Kalguksu, and Anju House. Boutique cafés, independent shops, and gourmet markets further define the neighborhood’s walk-everywhere lifestyle. A commuter’s dream, the property offers quick access to the 101/10 Freeways and is conveniently located near major public transportation options for easy connectivity throughout Los Angeles. This property delivers strong income potential, low-maintenance ownership, and excellent long-term appreciation. A true trophy asset in one of Los Angeles’ most iconic and thriving neighborhoods. We welcome your 1031 exchange!

Price History

Date
Event
Price
11/15/25
Listing
$3,395,000
06/26/23
Sold
$1,115,000
Condition Rating
Excellent

This property is a brand-new construction (built 2025) as explicitly stated in the description and confirmed by the pristine condition visible in the images. It features modern, high-end finishes throughout, including a contemporary kitchen with two-tone cabinetry, white countertops, subway tile backsplash, and brand-new stainless steel appliances. The bathrooms are equally modern with new vanities and fixtures. All components are new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Brand-New, Non-Rent Controlled: Built in 2025, this luxury 4-unit townhome building is brand-new construction and exempt from Los Angeles's rent control ordinances, offering significant long-term investment advantages and flexibility.
Prime Hollywood Location: Strategically located in the heart of Prime Hollywood, the property boasts exceptional walkability to world-famous entertainment venues, trendy restaurants, shopping, and major attractions, ensuring high tenant demand.
Luxury Units with Iconic Views: Each unit features spacious open-concept layouts, high-end finishes, brand-new appliances, in-unit laundry, and breathtaking, unobstructed views of the iconic Hollywood Sign, appealing to premium tenants.
Strong Investment Potential & Low Maintenance: Designed for investors, the property offers strong income potential, separate utility meters, modern security systems, and the option to be delivered fully occupied, leading to minimal owner expenses and excellent long-term appreciation.
Ample Secure Parking: A significant advantage in a dense urban area, each of the four units is allocated two secure gated parking spaces, a highly sought-after amenity for residents.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 7139, other record living area = 1493.
High Initial Investment: The listing price of $3,395,000 represents a substantial capital outlay, which may limit the pool of potential investors to those with significant financial resources.
Reliance on Rental Market Dynamics: While currently in a high-demand market, the property's income potential and appreciation are inherently tied to the fluctuations and stability of the Hollywood rental market.
Potential for Limited Private Outdoor Space: As a multi-unit townhome building in an urban setting, individual units may offer limited private outdoor space compared to single-family residences, which could be a preference for some tenants.

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