1139 S Kingsley Drive, Los Angeles, CA 90006

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Property Description

DEVELOPMENT OPPORTUNITY SIDE BY SIDE PROPERTIES SOLD TOGETHER ONLY AS ONE SALE- Listing price is for both parcels $2,500,000. 1139 S. Kingsley Dr. APN# 5080-026-008 & 1145 S. Kingsley Dr. APN# 5080-026-009 - Approximately 11,800sq.ft. both parcels combined. R-3 ZONING TOC-TIER 2. Excellent location in a Developmental Project area. Can be developed into a Multi-Unit building. 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. BUILDING SIZE: 2,902 sq. ft. + 1,665 sq. ft. = 3,757 sq. ft. (combined). LAND SIZE: 5,900 sq. ft. + 5,902 sq. ft. = 11,802 sq. ft. (combined) 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. / 1141 S Kinsley 1bed+ 1bath. / 1141 S Kingsley 1 Bed +1 Bath. 1145 S Kingsley Duplex: 2 Beds/ 1 Bath 1,665 sq. ft. / 1145 1/2 S Kingsley 1 Bed +1 Bath(scheduled to be vacant). Broker and Broker agents do not guarantee the accuracy of bed/bath count and square footage. Buyer is advised to independently verify the accuracy of all information, through their own research, personal inspection, building permits or with appropriate professionals. ALL OFFERS MUST BE SUBMITTED ON CAR FORM RIPA.Buyer to cooperate in a 1031 exchange at no cost at liability to buyer.Do not disturb occupants. No showings without accepted offer. Please do not call the seller as the property is listed!!! There is a possibility that two to three units will be vacant in delivery.


Interior Features

Bedroom Information
Bedrooms 5
Bathroom Information
Bathrooms 4
Interior Information
Cooling Type Wall/Window Unit(s)

Listing Information

Address 1139 S Kingsley Drive
City Los Angeles
State CA
Zip 90006
County Los Angeles
Listing Agent Kyi Lee DRE #01815410
Courtesy Of KORUS Real Estate
List Price $2,450,000
Status Active
Type Residential Income
Structure Size 2,092
Lot Size 5,902
Year Built 1924

Listing information courtesy of: Kyi Lee, KORUS Real Estate. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 5th, 2024 at 8:58 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.