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$688,000 -$110,000 (-13.78%) Price Reduced
Property Description
Exceptional opportunity to acquire a fixer upper Duplex located between Melrose Hill and Larchmont Village, featuring 1,656 sqf of living space on a 3,800 square foot LAR3-zoned corner lot, presenting a future potential. The property consists of two units of 1bedroom, 1bathroom each, offering a versatile layout suitable for a variety of living arrangements and investment strategies. Open floor plan includes a charming living Rm, Dining Rm, kitchen with stainless steel appliances and granite countertops, laundry room, attic, one bedroom and one bathroom in each unit with a pleasing greenbelt view looking out the windows. Located in one of Los Angeles' most vibrant and centrally positioned neighborhoods, the property enjoys close proximity to Koreatown, Hancock Park, Downtown Los Angeles. Residents benefit from easy access to renowned restaurants, shopping, entertainment, public transportation, and major freeway corridors. The LAR3 zoning on this corner lot provides attractive possibilities for investors, developers, and owner-users looking to capitalize on the continued growth of the surrounding area. One of the city's most desirable rental and ownership markets, supported by strong housing demand and a thriving population. Whether you're seeking a long-term investment, multi-generational living opportunity, or a property with future upside, this home offers a compelling opportunity in a premier Los Angeles location.
Full Property Details
Full Property Details for 500 N Kingsley Dr
General
- Price: $688,000
- Status: Active
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26873527
- Updated: 8/24/2026
- Added to Site: 8 day(s) ago
Interior
- Rooms/Areas: Attic, Dining Room
- Cooking Appliances: Oven, Microwave, Range
- Flooring: Hardwood, Mixed
Rooms
Bathrooms
- Total Bathrooms: 2
- Bathroom Features: Shower Over Tub
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: In Unit, Room, Inside
Additional Information
- Pool Description: None
- Spa Description: None
- Security/Safety: Carbon Monoxide Detector(s), Fire and Smoke Detection System
- Other Features: None
Exterior
- Deck/Patio: Porch
Parking
- Garage Description: Carport
Location
- Area: Mid-Wilshire
- County: Los Angeles
- Cross Streets: W. Maplewood Ave
- Driving Directions: South of Melrose Ave, East of Western Ave,
- Direction Faces: West
Heating & Cooling
- Cooling Type: Wall Unit(s)
- Heating Type: Wall
Utilities
- Sewer: In Street
- Water: In Street
Structural Information
- # Buildings: 1
- Exterior Const.: Hard Coat
- Basement Desc.: Concrete Perimeter
- Foundation: Concrete Perimeter
- Roof: Composition
- Common Walls: Attached
- Entry Location: Ground Level - no steps
- Stories/Levels: 0
- Square Feet: 1,656
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1922
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 2
- Unit Type: 2106, 2107
Unit 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Property View: Green Belt
- Lot Size (Acres): 0.0872
- Lot Size: 3800
- Lot Size Source: Vendor Enhanced
- Irrigation System: Sprinkler System
- Lot Features: Corner Lot
- Zoning: LAR3
Financial Considerations
- Price Per Sq. Ft.: $415.46
- Assessment Year: 1922
- Owner Pays: Gardener, Water
- Tenant Pays: Air Cond/Heat Maint, Cable TV, Electricity, Gas, Hot Water
Disclosures and Reports
- Disclosures/Reports: As Is, Rent Control
- APN: 5521-009-006
Listed by Nelson Shelton & Associates, Faye Farzani and Nelson Shelton & Associates, Kevin Anderson
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Schools
Schools serving 500 N Kingsley Dr
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Harvard Elementary School 330 North Harvard Boulevard, Los Angeles, CA 90004 | K-5 | 0.2 mi |
Virgil Middle School 152 North Vermont Avenue, Los Angeles, CA 90004 | 6-8 | 0.9 mi |
Belmont Senior High School 1575 West 2nd Street, Los Angeles, CA 90026 | 9-12 | 2.6 mi |
Academic Leadership Community School 322 Lucas Avenue, Los Angeles, CA 90017 | 9-12 | 2.9 mi |
Contreras Learning Center-School Of Social Justice 322 Lucas Avenue, Los Angeles, CA 90017 | 9-12 | 2.9 mi |
Miguel Contreras Learning Complex School 322 Lucas Avenue, Los Angeles, CA 90017 | 9-12 | 2.9 mi |
Contreras Learning Center-Los Angeles School Of Global Studies 322 Lucas Avenue, Los Angeles, CA 90017 | 9-12 | 2.9 mi |
Edward R. Roybal Learning Center 1200 Colton Street, Los Angeles, CA 90026 | 9-12 | 3.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 500 N Kingsley Dr
Date
Details
Price
Change
Source
8/24/2026
Price Reduced
$688,000
-13.78%
MLS
8/17/2026
Listed
$798,000
206.92%
MLS
3/27/2009
Sold
$260,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 500 N Kingsley Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,223
3%
$334,801
4%
2023
$4,089
5%
$321,802
2%
2022
$3,906
2%
$315,493
2%
2021
$3,848
-1%
$309,308
1%
2020
$3,885
4%
$306,138
2%
2019
$3,735
1%
$300,137
2%
2018
$3,686
2%
$294,253
2%
2017
$3,609
3%
$288,484
2%
2016
$3,513
1%
$282,828
2%
2015
$3,463
-1%
$278,581
2%
2014
$3,488
—
$273,125
—
2013
$3,482
—
$271,891
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 500 N Kingsley Dr
500 N Kingsley Dr, Los Angeles, CA 90004 (MLS# 26873527) is a Multi-Family property with units containing 2 bedrooms and 0 full bathrooms. 500 N Kingsley Dr is currently listed for $688,000 and was received on August 17, 2026. Want to learn more about 500 N Kingsley Dr? Do you have questions about finding other Multi-Family real estate for sale in Mid-Wilshire? You can browse all Mid-Wilshire real estate or contact a Coldwell Banker agent to request more information.
