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1139 S Kingsley Drive — Los Angeles — 4 Beds • 3 Baths • 2,092 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+10 more

$1,199,000

86 DOM

$573/sqft4 bd3 ba2,092 sqft

Call

1139 S Kingsley Dr Los Angeles, CA 90006

5,902sqft lot

Located in the heart of Koreatown, this multi-unit property offers a compelling investment opportunity within one of Los Angeles' most active and densely populated neighborhoods. Just moments from the Koreatown Galleria Market and surrounding retail amenities, the property also enjoys close proximity to Olympic Boulevard and Western Avenue, providing excellent accessibility and strong tenant demand. The property features three income-producing units and may be sold individually or as a combined sale with the adjacent property at 1145 S. Kingsley Drive, offering flexibility for investors seeking either a single asset or an expanded portfolio. The area's dense demographics and ongoing redevelopment further support long-term appreciation and income potential. An ideal opportunity for investors looking to establish or expand their presence in a prime Koreatown location, with additional upside potential.

MLS 26638927

213-700-5066 (Office) 213-700-5066 (Cell) alison@partnersre.co

Est. payment

$7,662/mo

Principal & interestTaxesInsurance

$6,063$1,249$350

Down %

Rate %

Years

Down payment: $239,800 · Total cost: $2,422,407

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$7,662/mo

Principal & interest: $6,063
Est. property tax: $1,249
Est. insurance: $350
Down payment: $239,800

Est. gross rent$4,996/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-2,666/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Jan 17, 2026	$1,290,000	—

Facts & Features

Transaction Data

▼Price Reduced from $1,290,000 (−$91,000)

Structure & Property

Year Built1924

213-700-5066 (Office) 213-700-5066 (Cell) alison@partnersre.co

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

1139 S Kingsley Drive, Los Angeles, CA 90006

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Call

1139 S Kingsley Dr Los Angeles, CA 90006

About this home

Alison Seong Kim

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Alison Seong Kim

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.

1139 S Kingsley Drive, Los Angeles, CA 90006

About This Property

Property Photos

1139 S Kingsley Dr Los Angeles, CA 90006

About this home

Alison Seong Kim

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Alison Seong Kim

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.