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860 South Kingsley Drive

860 South Kingsley Drive, Los Angeles, CA 90005
Refi Jul 17, 2013
Transfer
$500,000 by Jpmorgan Chase Bank Na
Mortgage
860 South Kingsley Drive has been categorized by the local assessors in Los Angeles, CA as a residential type of property. The building on the property was first built in 1966 and is 58 years old. The home has a total of 39 bedrooms. Residents will have access to 41 full bathrooms. There are 41 partial bathrooms in the home. The building has a total of 3 stories. In addition, 860 South Kingsley Drive has 24,291 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,350 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 13,499 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage underground or in the basement for those who require parking. The garage measured 11,310 sqft. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a flat style roof made of tar and gravel. The exterior walls of the building are made of stucco. The inside of the home is being cooled with a wall air conditioning unit at the moment. In terms of heating, it is utilizing a radiant heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $27,968 in taxes each year. 860 South Kingsley Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,178,889. If we break it down further, the land itself was valued at $654,049. Improvements to the property, however, were assessed at a total of $1,524,840. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Bedroom Count: 39
  • Bathroom Count: 41
  • Full Bathrooms: 41
  • Partial Bathrooms: 41
  • Building Quality: B
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Living Units: 30
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Garage Square Area: 11,310
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,499
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 24,291
  • Gross Building Area: 24,291
  • Building Area: 24,291
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Wall air conditioning unit
  • Heating: Radiant
  • Heated Square Feet: 24,291
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILSHIRE HARVARD HEIGHTS
  • Land Acres: 0.31
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: WILSHIRE HARVARD HEIGHTS LOTS 243 AND LOT/SEC 244

Ownership

  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 212420

Zoning

  • Zoning: LAR4

Geography

  • Assessors Map Reference: 43-E2
  • Parcel: 5093-024-026
  • Lot: 243
  • Municipality: WEST /KOREA TOWN
  • Latitude: 34.0562
  • Longitude: -118.303

    Address

  • Full Address: 860 S Kingsley Dr
  • Address - House Number: 860
  • Street Direction: S
  • Address - Street Name: Kingsley
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C040
  • 4-Digit Zip Code: 2474
  • Zip Code: 90005

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $27,968
  • Tax Rate Code Area: 06-657

    Appraisal Valuation

  • Standard Deviation: 0.221
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 55
  • Final Value: 2,102,366
  • High Value: 2,567,079
  • Low Value: 1,637,652

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jul 17, 2013
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,178,889
  • Assessed Land Value: $654,049
  • Assessed Improvements Value: $1,524,840

About Central LA



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Nearby Rentals

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$1,900 /mo

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  • 1 Bath
Unit for rent at

$2,100 /mo

  • 3 Beds
  • 2 Baths
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Listing by Manager

Frequently Asked Questions

What neighborhood is 860 South Kingsley Drive located in?
The 860 South Kingsley Drive is a located in the neighborhood of Wilshire Center - Koreatown in Central LA, Los Angeles.
What is the average sales price for listings in 860 South Kingsley Drive?
The average sales price for units in 860 South Kingsley Drive is $0 currently.

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