960 S Kingsley, Los Angeles, California 90006, Los Angeles, 90006 - 0 bed, 0 bath
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Los Angeles, California 90006
This Koreatown Quadruplex Investment is listed at $1,649,000, positioned near its $1,576,826 Fair Market Value. The property maintains a Good Condition Rating with three units recently upgraded to include shaker cabinets and quartz countertops. A standout feature is the 3-bedroom, 2-bathroom unit delivered vacant, offering a prime opportunity for owner-occupancy within the Los Angeles Unified School District. With LAR4 Zoning and a Walk Score of 95, this asset ensures long-term stability and rental demand. This is an ideal opportunity for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 960 S Kingsley Subject | $1,649,000* List Price | 0 | 0 | 4,480 | $352 | - |
A 1315 S Harvard Active | $1,399,000 List Price | 4 | 4 | 4,462 | $314 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although originally built in 1920, the property has undergone extensive recent renovations in three of the four units. Interior images reveal modern kitchens with white shaker cabinets, quartz countertops, subway tile backsplashes, and stainless steel appliances. The bathrooms have been updated with contemporary vanities and tiling, and the units feature recessed lighting and updated flooring throughout. It is move-in ready with minimal wear, though the century-old structure and one potentially unrenovated unit keep it in the 'good' category rather than 'excellent'.
Boasting a Walk Score of 95 in the heart of Koreatown, the property is situated in a high-demand rental market with immediate access to public transit, dining, and major employment hubs like DTLA and USC.
The delivery of a spacious 3-bedroom, 2-bathroom unit vacant allows an investor to immediately capture market-rate rents or provides a perfect opportunity for an owner-user to occupy the largest unit.
Zoned LAR4, this property offers significant long-term value through potential high-density redevelopment in one of Los Angeles' most consistently growing neighborhoods.
Originally constructed in 1920, the property may require ongoing maintenance or significant capital expenditures for systems like plumbing and electrical that often accompany century-old buildings.
The 'drive-by only' restriction and presence of long-term tenants may complicate the initial due diligence process and limit a buyer's ability to fully assess the interior condition of all units prior to an offer.
Investment Opportunity – Koreatown 4-Unit Property Prime 4-Unit Investment Opportunity in the Heart of Koreatown – One 3BD/2BA Unit Delivered Vacant! Rare opportunity to acquire a well-located four-unit income property in the highly desirable Koreatown neighborhood of Los Angeles. The property consists of three 2-bedroom/1-bath units and one spacious 3-bedroom/2-bath unit, offering an attractive unit mix for strong rental demand. Three of the units have been upgraded within the past few years, enhancing the property’s overall condition and rental appeal. One 3-bedroom/2-bath unit will be delivered vacant, providing an excellent opportunity for owner-occupancy or the ability to lease at market rent for additional income upside. The remaining units are currently tenant-occupied, generating stable rental income. The property is zoned LAR4, presenting potential future development opportunities (buyer to verify). Located in one of the strongest rental markets in Los Angeles, this asset benefits from high tenant demand and long-term investment potential. Conveniently located with easy access to Downtown Los Angeles, Hollywood, Mid-Wilshire, and USC, all within approximately a 5-mile radius. Public transportation is easily accessible with bus service one block away and metro stations approximately 4–5 blocks away. Enjoy the vibrant lifestyle of Koreatown with a Walk Score of 95, surrounded by popular restaurants, bars, grocery stores, and everyday conveniences. The property is also located near Seoul International Park, a popular community park known for local events, markets, and cultural activities. Drive-by only. Please do not walk on the property or disturb occupants.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 4,480 | 1,900 | 80% |
| Lot Size | 5,909 | 5,100 | 60% |
| Price | $1.65M | $840.0K | 80% |
| Price per sq ft | $368 | $429 | 40% |
| Built year | 1920 | 1922 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 58 | 203 | 20% |
Feb 23, 2026
$1,649,000
Initial Listing
Jan 14, 2020
$1,330,000
Public Record
Jun 6, 2014
$920,000
Public Record