355 S Kingsley DR, Los Angeles, CA 90020
355 S Kingsley DR, Los Angeles, CA 90020
355 S Kingsley DR, Los Angeles, CA 90020
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Listed by Anie Mayelian, DRE #00778825 • Equity Union
$1,875,000
Est. payment /mo
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7,369 Sqft Lot
Pending

355 S Kingsley DR Los Angeles, CA 90020

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Key Details

Property Type Vacant Land

Sub Type Other Residential Land

Listing Status Pending

Purchase Type For Sale

MLS Listing ID CNSR21175261

Lot Size 7,369 Sqft

Property Sub-Type Other Residential Land

Source CRISNet

Property Description

We are proud to present for sale the soon to be Ready-to-Issue 19 Unit non rent controlled development project in Koreatown. Gross Proforma Income of $530,912. Conveniently located near the Wilshire/Western Metro Subway Station, surrounded by Koreatown, Silver Lake, Hollywood and Downtown. The beautifully designed 5-story construction project is over a 1 level of basement parking garage. The development consists of seventeen 2 bedroom & 2 bathroom units and two 3 bedrooms & 2 bathroom units. The building will have a rentable/living area of around 15,400 SF and the apartments will range from 728 SF to 1,110 SF. The building will have 22 parking spaces. Also the project will have 1 Extremely Low Income unit and 2 Very Low Income units. Currently no structures on the lot. Located on the corner of 4th and Kingsley.

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Zoning D0,LW

Exterior

View City Lights

Building

Water District - Public

Others

Tax ID 5503007001

Special Listing Condition Not Applicable


MLS Listing IDX PLUS

NEARBY SCHOOLS & PROPERTIES

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Adrian Chu

Adrian Chu

Founder & CEO

+1(206) 407-5452

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355 S Kingsley DR