1145 S Kingsley Drive, Los Angeles, CA 90006

• 3 beds |
• 2 baths |
• 1,665 sqft

Property Description

25 Unit Redevelopment. Located within the Koreatown redevelopment project area. Koreatown Galleria supermarket & retail stores in very close distance. Dense demographic neighborhood. Close proximity to Olympic Blvd & Western. Side by side properties sold together only as one sale. APN's: 5080-026-008 & -009 Price is for both parcels. Sale Price $2,300,000. Legally 14 Units Bonus Density 25 Units including 3 Units for Low Income.Buyer to do their own due diligence regarding possibilities for development. Interior inspection subject to accepted offer. BUILDING SIZE: 2,902 sq. ft. + 1,665 sq. ft. = 3,757 sq. ft. (combined) LAND SIZE: 5,900 sq. ft. + 5,900 sq. ft. = 11,800 sq. ft. (combined) LAND PRICE PER SF: $194 per sq. ft. ZONING: R3-1 TRANSIT ORIENT COMMUNITIES Tier 2. Most renters are currently on a monthly basis. 1139 S Kingsley Triplex: 3 Beds/ 2 Bath 2,092 sq. ft. $2,680 Month-to-Month 1141 S Kinsley 1 Bed/ 1 Bath $1,600 Month-to-Month 1141 1/2 S Kingsley 1 Bed/ 1 Bath $1,720 Month-to-Month. 1145 S Kingsley Duplex: 2 Beds/ 1 Bath 1,665 sq. ft. $2,700 Month-to-Month 1145 S Kingsley 1 Bed/ 1 Bath $2,000 Month-to-Month. Total Income $10,700 p/mo.

Listing Status:

Active

Date Added:

May 1, 2025 at 05:00AM

Listing Office:

KORUS Real Estate : 213-251-9000

Listing Agent:

Kyi Lee : 213-999-4345

MLS ID:

25533189

Interior

• Appliances: DisposalRefrigerator
• Flooring: CarpetLaminate

Exterior

• Parking: Side By SideParking spaces: 4

Construction

• General: 1

Location

• Originating MLS: CRMLS
• County: Los Angeles

Lot

• Zoning: LAR35080026009

Financial

• Source: CRMLS

This listing courtesy of Kyi Lee, KORUS Real Estate