431 S Kingsley Drive 205, Los Angeles, California 90020, Los Angeles, 90020 - 3 bed, 2 bath
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431 S Kingsley Drive 205
Los Angeles, California 90020
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,340Sq Ft
18,015Lot Size
Property Price
LIST PRICE$695,000
EST. MARKET VALUE
$727,325
4% BelowMARKET VALUE
SUMMARY
This 3-bedroom condominium represents a Strong Value Opportunity, listed at $695,000—positioned well below the $727,325 Fair Market Value by 4%. This valuation gap offers $32,325 in Instant Equity for the buyer. Featuring a Fair Condition Rating, the unit offers a functional layout with a fireplace and pool views, providing a solid foundation for cosmetic updates. Located in a central Koreatown hub, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a high-potential urban residence.
Estimated Market Value
$727,325+$32,325 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 431 S Kingsley Drive 205 Subject | $695,000* List Price | 3 | 2 | 1,340 | $543 | - |
A 540 S Kenmore Avenue 303 Sold | $768,000 | 2 | 2 | 1,250 | $614 | 0.4 mi |
B 525 S Berendo 106 Sold | $510,000 | 2 | 2 | 867 | $588 | 0.5 mi |
C 326 Westminster Avenue 304 Sold | $870,000 | 2 | 2 | 1,564 | $556 | 0.7 mi |
D 433 S Manhattan Place 108 Active | $630,000 List Price | 2 | 2 | 1,084 | $581 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1983 (41 years old), the unit is dated but functional. While it features updated laminate flooring and is marketed as move-in ready, the kitchen and bathrooms retain older tile countertops, 80s-style cabinetry, and fluorescent light boxes. The presence of popcorn ceilings and older fixtures indicates a need for cosmetic updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Central Location
Situated in the heart of Koreatown and just two blocks from Wilshire Blvd, the property offers exceptional walkability and seamless access to Downtown LA, Beverly Hills, and major public transportation hubs.
- Spacious 3-Bedroom Layout
At 1,340 square feet, this rare 3-bedroom unit provides a generous floor plan featuring a master suite with a walk-in closet, a cozy fireplace, and the high-demand convenience of in-unit laundry hookups.
- Desirable Building Amenities
The condominium complex enhances resident lifestyle with sought-after amenities including a swimming pool and recreation room, providing recreational value in a dense urban setting.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- High Association Fees
The monthly association fee of $550 represents a significant recurring expense that may impact the overall affordability and debt-to-income ratio for prospective buyers.
- Underperforming Local Schools
The majority of the assigned public schools in the immediate area carry low performance ratings, which could be a deterrent for families prioritizing public education quality.
About 431 S Kingsley Drive 205
Property is located in the heart of Koreatown and is in close proximity to many markets and LA hotspots and popular restaurants. You can easily commute to downtown LA, Beverly Hills, Hollywood, the Grove, and access to easy transportation like subways and bus stops. Master bedroom with a walk-in closet, spacious living with a fireplace, balcony, and in unit washer and dryer hook ups. Amenities included: swimming pool, recreation room, etc. Ready for you to move in! Desirable Mid-Wilshire Location has a 3+2 Condo unit for sale! Just two blocks away from Wilshire Blvd.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1983
- Lot Size
- 18,015 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $550.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Cahuenga Elementary School
Grades K-5 • 0.3 mi
5/10
Charles H. Kim Elementary School
Grades K-5 • 0.4 mi
6/10
Rfk Community Schools - Ambassador School - Global Education
Grades K-5 • 0.7 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,340 | 1,219.385 |
| Lot Size | 18,015 | 27,236.074 |
| Price | $695.0K | $800.2K |
| Price per sq ft | $519 | $650 |
| Built year | 1983 | 1979 |
| HOA | $550.0 | $685 |
| Days on market | 35 | 72 |
Pricing History
Listed for Sale
Aug 5, 2026
$695,000
Initial Listing
Sold
Jan 31, 2018
$593,000
Public Record
Sold
May 30, 2006
$515,000
Public Record
Sold
Mar 7, 2005
$420,000
Public Record