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1242 S Kingsley DriveLos Angeles, CA 90006

For Sale

$1,400,000

Smart Buyer Rebate $14,000

Charming quadruplex near Koreatown, in Mid-Wilshire, offering an excellent investment opportunity. The property features four units, with two units beautifully remodeled in recent years. The building is currently fully occupied, providing immediate and stable rental income. In addition to the residential units, there are storage/parking spaces in the rear, offering added convenience and value for tenants. Public records reflect 4 bedrooms and 4 bathrooms; however, one unit includes a spacious den that functions much like an additional bedroom. Washer and dryer hookups are also available. Buyer and buyer's agent to independently verify all information and rely on their own investigations.

Listed by Steven Kwak

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License #02032570

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KORUS Real Estate

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323-304-0207

Listed by James Chin

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License #01974419

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KORUS Real Estate

Last updated March 09, 2026

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Source: CRMLS #26656643

Listing Facts

  • TypeMulti-family
  • NeighborhoodOlympic Park
  • Bedrooms4
  • Days on Prevu16
  • Size2,924 sqft
  • Price per sqft$479

Amenities

  • Dishwasher
  • Parking

Location

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Listing History

03/01/2026
Listed by KORUS Real Estate
$1,400,000

Property Details for 1242 S Kingsley Drive

Exterior

Construction

  • Number Of Units Total: 4
  • Stories: 2
  • Year Built: 1913
  • Entry Location: Ground Level w/steps

Features

  • Direction Faces: West

Measurements

  • Building Area Total: 2,924
  • Lot Size Acres: 0.13
  • Lot Size Area: 5,910
  • Lot Size Square Feet: 5,910
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 5080028017

Interior

Features

  • Appliances: Dishwasher, Disposal, Range

Measurements

  • Living Area: 2,924

Rooms

  • Bathrooms Total Integer: 4
  • Bedrooms Total: 4

Parking

Parking

  • Carport: Yes
  • Parking Features: Assigned, Carport, Off Site

Utilities

Equipment

  • Heating: Radiant
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 4 bedrooms in this multi-family home at 1242 S Kingsley Drive.

How does 1242 S Kingsley Drive compare to other multi-family homes in Olympic Park?

This multi-family home is listed 36% below the average price for multi-family homes in Olympic Park and has been on the market for 80 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 2,924 sqft.

1242 S Kingsley Drive is a 4-bedroom multi-family home for sale in Los Angeles CA 90006. Available on Prevu for 16 days at $1,400,000. This residence features 2,924 square feet of living space, located in Olympic Park. The median listing price for multi-family homes in this area is $1,694,500. Additional amenities include dishwasher and parking. Explore more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.