25 Unit Redevelopment. 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. Side by side properties sold together only as one sale. APN’s: 5080-026-008 & -009 Price is for both parcels. Sale Price $2,300,000. Legally 14 Units Bonus Density 25 Units including 3 Units for Low Income.Buyer to do their own due diligence regarding possibilities for development. Interior inspection subject to accepted offer. BUILDING SIZE: 2,902 sq. ft. + 1,665 sq. ft. = 3,757 sq. ft. (combined) LAND SIZE: 5,900 sq. ft. + 5,900 sq. ft. = 11,800 sq. ft. (combined) LAND PRICE PER SF: $194 per sq. ft. 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. $2,680 Month-to-Month 1141 S Kinsley 1 Bed/ 1 Bath $1,600 Month-to-Month 1141 1/2 S Kingsley 1 Bed/ 1 Bath $1,720 Month-to-Month. 1145 S Kingsley Duplex: 2 Beds/ 1 Bath 1,665 sq. ft. $2,700 Month-to-Month 1145 S Kingsley 1 Bed/ 1 Bath $2,000 Month-to-Month. Total Income $10,700 p/mo.
Property Details
Price:
$2,300,000
MLS #:
25533189
Status:
Active
Baths:
0
Address:
1145 S Kingsley Drive
Type:
Residential Income
Neighborhood:
c17midwilshire
City:
Los Angeles
Listed Date:
May 1, 2025
State:
CA
ZIP:
90006
Lot Size:
5,902 sqft / 0.14 acres (approx)
Year Built:
1895
See this Listing
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Schools
Interior
Appliances
Disposal, Refrigerator
Flooring
Carpet, Laminate
Exterior
Parking Features
Side by Side
Parking Spots
4.00
Financial
Tenant Pays
Electricity, Gas
Map
Community
- Address1145 S Kingsley Drive Los Angeles CA
- AreaC17 – Mid-Wilshire
- CityLos Angeles
- CountyLos Angeles
- Zip Code90006
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Courtesy of KORUS Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.1145 S Kingsley Drive
Los Angeles, CA
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