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970 South Kingsley Drive

970 South Kingsley Drive, Los Angeles, CA 90006
970 South Kingsley Drive is a condo located in Wilshire Center - Koreatown, Los Angeles. The building was first built in 1984 and is 40 years old. The lot that the building was built on is 920 feet wide and 1,280 feet long. In total, 970 South Kingsley Drive has a total floor area of 19,551 square feet. 970 South Kingsley Drive has a total of 3 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 8 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 122 days and tend to sell below the original asking price of $719,000 by 6.67%. Meaning, listings tend to sell at a median of $446 price per square foot. The transaction that took the longest to complete was unit 307, listed on Aug 20, 2021 for $750,000. This particular unit ultimately sold 122 days later for $700,000. The most recent transaction was for unit 307, which was first advertised on Aug 20, 2021, sold for $700,000 on Dec 20, 2021. Fun fact, the oldest transaction we have on record took place on Jan 15, 2010. See the full transaction history for 970 South Kingsley Drive below.

Wilshire Center - Koreatown, where 970 South Kingsley Drive is located, has a median asking price of $745,000 for condo buildings. Meanwhile, the building itself has a median asking price of $719,000. For interested buyers, that means the building's median asking price is around 0.03% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210820 Unit 307
08/20/2021
307
2 Bed
2 Bath
1611 ft²
$750,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1611 ft²
$700,000 -6.67%
12/20/2021
Tony Yeh
eXp Realty of California Inc

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Bedroom Count: 42
  • Bathroom Count: 36
  • Full Bathrooms: 36
  • Partial Bathrooms: 36
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Tar and gravel
  • Floor Count: 3
  • Living Units: 21
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 7,200
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,800
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 920
  • Total Building Area: 19,551
  • Gross Building Area: 19,551
  • Building Area: 19,551
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Wall air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 19,551
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ELECTRIC RAILWAY HOMESTEAD ASSOCIATION
  • Land Acres: 0.271
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: ELECTRIC RAILWAY HOMESTEAD ASSN*LOTS 19 AND LOT/SEC 20 BLK/DIV/TWN 10

Ownership

  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 213201

Zoning

  • Zoning: LAR4

Geography

  • Assessors Map Reference: 43-E3
  • Parcel: 5080-032-025
  • Block: 10
  • Lot: 19
  • Municipality: WEST /KOREA TOWN
  • Latitude: 34.0535
  • Longitude: -118.302

    Address

  • Full Address: 970 S Ardmore Ave
  • Address - House Number: 970
  • Street Direction: S
  • Address - Street Name: Ardmore
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C034
  • 4-Digit Zip Code: 1387
  • Zip Code: 90006

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $33,611
  • Tax Rate Code Area: 06-657

    Appraisal Valuation

  • Standard Deviation: 0.3325
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 33
  • Final Value: 2,579,248
  • High Value: 3,436,932
  • Low Value: 1,721,563

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,500,000
  • First Open Lien Mortgage Lender: HUNT MORTGAGE CAPITAL LLC
  • First Open Lien Mortgage Recording Date: Nov 01, 2017
  • First Open Lien Mortgage Loan Amount: $1,500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,721,066
  • Assessed Land Value: $679,313
  • Assessed Improvements Value: $2,041,753

About Central LA



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Frequently Asked Questions

What neighborhood is 970 South Kingsley Drive located in?
The 970 South Kingsley Drive is a condo located in the neighborhood of Wilshire Center - Koreatown in Central LA, Los Angeles.
What is the average sales price for listings in 970 South Kingsley Drive?
The average sales price for units in 970 South Kingsley Drive is $719,000 , or $446/sqft. currently.

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