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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!!! Drive by only, Showing with accepted offer only. DO NOT DISTURB TENANTS AND DO NOT WALK ON THE PROPERTY. There is a possibility that two to three units will be vacant in delivery.
Last Updated | 11/5/2024 | Year Built | 1895 |
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Community | Mid-Wilshire | County | Los Angeles |
Price History
Prior to Oct 29, '24 | $2,500,000 |
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Oct 29, '24 - Nov 5, '24 | $2,490,000 |
Nov 5, '24 - Today | $2,450,000 |
Additional Details
AIR | Wall/Window Unit(s) |
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AIR CONDITIONING | Yes |
AREA | Mid-Wilshire |
GARAGE | None |
LOT | 5902 sq ft |
PARKING | None |
STORIES | 1 |
ZONING | LAR3 |
Location
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