1150 N Kingsley Drive, Los Angeles, CA 90029
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Listed Price :
$1,299,999
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Beds :
N/A
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Baths :
N/A
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Property Size :
N/A sqft
Property Description
We are pleased to present an excellent development opportunity near Santa Monica Blvd and Normandie Ave in East Hollywood! The existing structure on the lot consists of a fixer 6 unit building of which 4 UNITS WILL BE DELIVERED VACANT! Boasting a lot size of +/- 7,895 sq. ft., zoning of LARD1.5, and Tier 3 TOC designation, the potential possibilities for this property are endless! Buyer may be able to do affordable housing (ED-1) project on this lot! Buyer to investigate. The buyer can also reap tax benefits as the property is in an Opportunity Zone! There are 4 detached garages in the back lot, which can also be converted to one or more ADUs to generate additional rental income. Given the building's central location in the bustling rental Hollywood rental market and close to Virgil Village, Melrose Hill, and the numerous establishments across Santa Monica Blvd., this is a value-add investment not to be missed!
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
Listing Information
| Address |
1150 N Kingsley Drive |
| City |
Los Angeles |
| State |
CA |
| Zip |
90029 |
| County |
Los Angeles |
| Listing Agent |
Anie Mayelian DRE #00778825 |
| Co-Listing Agent |
Aleen Mayelian DRE #02198281 |
| Courtesy Of |
Keller Williams Realty Calabasas |
| List Price |
$1,299,999 |
| Status |
Active |
| Type |
Land |
| Structure Size |
N/A |
| Lot Size |
7,895 |
Listing information courtesy of: Anie Mayelian, Aleen Mayelian, Keller Williams Realty Calabasas. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:27 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
