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Remodeled Four-Unit Quadplex
For Sale
$1,199,000

1242 S Kingsley Dr, Los Angeles, CA 90006

Two units have been remodeled, with rear storage and parking spaces supporting the residential layout.

Property Size2,924 SF
Days on Market181

Property Features for 1242 S Kingsley Dr

General Information

Standard status Active
Size 2,924 SF
Property subtype MULTI_FAMILY
Occupancy 100%

Additional Details

Multifamily Units 4

Amenities

washer/dryer hookups

Building Details

Building Size 2,924 SF
Year Built 1913
Listing Agency: KORUS Real Estate
Listed By: Steven Kwak · License #02032570
Source: Milsteinestates
Added: Mar 1 Changed: Aug 29 Last Checked: Jul 29 at 4:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KORUS Real Estate

Investment Insights

Based on property information with market context.

Built in 1913, this quadplex contains four residential units, including two that were remodeled in recent years. The property is fully occupied and includes rear storage and parking spaces. Washer and dryer hookups are also available. Public records show 4 bedrooms and 4 bathrooms; one unit additionally includes a den that can function as sleeping space. Located near Koreatown in Mid-Wilshire, the property is at 1242 S Kingsley Dr in Los Angeles, California.

Key Highlights

  • Four‑unit quadplex built in 1913
  • Two units remodeled in recent years
  • Fully occupied residential property

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Tanning Salon Supermarket (Bike/Boat/Book/etc) Store Veterinary Clinic Carpet & Flooring Store Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

3,427
Businesses Nearby

Demographics for 90006, CA

58,229
Population
21,475
Households
2.7
Avg Household Size
36
Median Age
22%
College-Educated
63%
High-School Grad
1.9 sq mi
ZIP Area
30,647
Density / Sq Mi
$49,847
Median Household Income
$31,645
Median Earnings
$1,396
Median Rent
$841,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Two units have been remodeled, with rear storage and parking spaces supporting the residential layout.
Where is this quadplex located?
The property is located at 1242 S Kingsley Dr Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Four‑unit quadplex built in 1913; Two units remodeled in recent years; Fully occupied residential property
More about this property
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