520 S Kingsley Drive Ph1, Los Angeles, California 90020, Los Angeles, 90020 - 4 bed, 3 bath
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520 S Kingsley Drive Ph1
Los Angeles, California 90020
ACTIVE
CONDITION: GOOD
4Beds
3Baths
2,200Sq Ft
17,945Lot Size
Property Price
LIST PRICE$1,399,000
EST. MARKET VALUE
$1,220,746
14% AboveMARKET VALUE
SUMMARY
This Two-Story Penthouse represents a High-Potential Investment Opportunity, listed at $1,399,000—positioned well above the $1,209,569 Fair Market Value by -15%. Featuring rare steel-frame construction and a spacious 2,200 sqft floor plan, this residence offers superior structural integrity and a panoramic city lights view. While the property is in Good Condition, the current pricing reflects its premium urban location in the heart of Koreatown. This unique asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a sophisticated, high-density lifestyle.
Estimated Market Value
$1,220,746
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 |
|---|---|---|---|---|---|---|
★ 520 S Kingsley Drive Ph1 Subject 4 bd · 3 ba · 2,200 sqft · $555 | $1,399,000* List Price | 4 | 3 | 2,200 | $555 | - |
A 520 S Kingsley Drive Ph3 Sold 3 bd · 3 ba · 1,730 sqft · $702 | $1,215,000 | 3 | 3 | 1,730 | $702 | - |
B 319 S Serrano Avenue Sold 3 bd · 4 ba · 1,784 sqft · $588 · 0.4 mi | $1,049,000 | 3 | 4 | 1,784 | $588 | 0.4 mi |
C 421 S Van Ness Sold 3 bd · 3 ba · 1,960 sqft · $554 · 0.8 mi | $1,085,000 | 3 | 3 | 1,960 | $554 | 0.8 mi |
D 311 S Gramercy Place 602 Active Under Contract 3 bd · 2 ba · 1,570 sqft · $653 · 0.7 mi | $1,025,000 List Price | 3 | 2 | 1,570 | $653 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2007, this 19-year-old penthouse is well-maintained and move-in ready. The interior features functional and clean bathrooms, hardwood flooring, and relatively modern appliances, aligning with the 10-20 year age bracket for good condition.
PROSSTRENGTHS & OPPORTUNITIES
- Rare Steel-Frame Construction
Built in 2007 with steel-frame construction, this penthouse offers superior structural integrity and sound insulation, a premium feature rarely found in Los Angeles condominiums.
- Expansive Two-Story Layout
The unique 2,200 sqft floor plan includes four bedrooms and a versatile den across two levels, providing the privacy and space typically reserved for single-family residences.
- Prime Urban Walkability
Located in the heart of Koreatown, the property boasts an exceptional walk score with immediate access to premier Korean markets, diverse dining, and vibrant nightlife.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2200, other record living area = 1480. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Inconsistent School Ratings
While some nearby schools are highly rated, several of the closest public elementary and high schools have lower performance scores, which may impact appeal for education-focused families.
- Urban Noise Exposure
The central location and expansive private balcony, while great for entertaining, expose the unit to the significant traffic and ambient noise characteristic of high-density Koreatown living.
About 520 S Kingsley Drive Ph1
Rare Two-Story Penthouse in the Heart of Koreatown. Welcome to this exceptional two-story penthouse condominium, ideally located in the heart of Los Angeles' vibrant Koreatown. Built in 2007 with steel-frame construction, a relatively uncommon feature among Los Angeles condominiums, this distinctive residence offers a rare combination of spacious living, unique design, and an unbeatable location. Featuring 4 bedrooms and 3 bathrooms, the thoughtfully designed two-story floor plan provides both space and privacy. The main level offers three bedrooms, including an impressively large primary suite. Upstairs, you'll find a versatile den and an additional, even more spacious primary bedroom, offering flexibility for a variety of living arrangements, a home office, or guest accommodations. One of the true highlights of this home is its expansive balconya wonderful private outdoor space that is ideal for morning coffee, entertaining guests, or simply relaxing and enjoying the energy of the city. The location places you right in the center of Koreatown, surrounded by an exceptional selection of Korean markets, restaurants, cafes, shops, and everyday conveniences. Enjoy the vibrant culture, dining, and entertainment that make Koreatown one of Los Angeles' most dynamic neighborhoods, all just steps from home.A truly unique opportunity to own a spacious two-story penthouse with steel-frame construction in the heart of Koreatownoffering a lifestyle that is difficult to find elsewhere in Los Angeles.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2007
- Lot Size
- 17,945 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $435.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Cahuenga Elementary School
Grades K-5 • 0.4 mi
5/10
Charles H. Kim Elementary School
Grades K-5 • 0.5 mi
6/10
Rfk Community Schools - Ambassador School - Global Education
Grades K-5 • 0.6 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,200 | 1,252.996 |
| Lot Size | 17,945 | 26,029.603 |
| Price | $1.40M | $778.5K |
| Price per sq ft | $636 | $629 |
| Built year | 2007 | 1981 |
| HOA | $435.0 | $676 |
| Days on market | 66 | 74 |
Pricing History
Listed for Sale
Sep 4, 2026
$1,399,000
Initial Listing
Sold
May 22, 2014
$615,000
Public Record
Sold
May 19, 2011
$520,000
Public Record
Sold
Jul 6, 2009
$577,000
Public Record