1150 N Kingsley Drive Los Angeles, CA $ 1,350,000
1150 N Kingsley Drive
$ 1,350,000
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1150 N Kingsley Drive

Los Angeles, CA, 90029
$ 1,350,000
Baths0.0

Monthly Estimate*

$ 9,430

Listed by Keller Williams Realty Calabasas
1150 N Kingsley Drive, Los Angeles, CA 90029 - Image 1
1150 N Kingsley Drive, Los Angeles, CA 90029 - Image 2
1150 N Kingsley Drive, Los Angeles, CA 90029 - Image 3
1150 N Kingsley Drive, Los Angeles, CA 90029 - Image 4
1150 N Kingsley Drive, Los Angeles, CA 90029 - Image 5
Studio

Lots and Land for sale in Los Angeles, CA

for $1,350,000. The lot size is 0.1812.

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 2 TOC designation, the potential possibilities for this property are endless! The property at 1156 N Kingsley (just 2 doors down) is currently being developed into a 49 unit affordable housing project utilizing ED-1 and a similar affordable housing project can be done 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!

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Lots and Land Active

Price

$ 1,350,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Lot Size

0.1812

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SR24045813

Days on Market

53

Features
General
Sewer PublicSewer
Zoning LARD1.5
HOA 0.0
View None
Community Features Curbs StormDrains StreetLights Sidewalks
County Los Angeles
New Construction N
Property Type Land
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions Santa Monica Blvd & Kingsley Dr
City Los Angeles
View Y/N N
Senior Community Y/N N
MLS Area C20 - Hollywood
Lot Size Square Feet 7895.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Kingsley
Listing Terms Cash
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 26
Standard Status Active
Tax Lot 23
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Exterior
Water Source Public
Lot Size Area 7895.0
Spa N
Lot Size Acres 0.1812
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Drive
Electric On Property Y/N N
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Internal Only
Street Number 1 1150
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* Excluded Features
List By
Keller Williams Realty Calabasas

Broker

(818) 657-6500

Phone

Affordability Calculator

$9,430
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,430
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/8/2024$1,350,000 Listed Price

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1150 N Kingsley Drive, Los Angeles, CA, 90029 is a Lots and Land for sale at $1,350,000 with a lot size of 0.1812. 1150 N Kingsley Drive is a studio with 0.0 baths. The property's zip code is 90029 which is in Los Angeles, CA