Introducing an exceptional opportunity, RTI, Ready-to-Issue 19-Unit non-rent-controlled development in the heart of Koreatown. Strategically positioned in close proximity to the Wilshire/Western Metro Subway Station, this development is surrounded by the vibrant neighborhoods of Koreatown, Silver Lake, Hollywood, and Downtown. This exquisitely designed 5-story construction project, inclusive of a one-level basement parking garage, is a testament to thoughtful planning and contemporary aesthetics. Comprising seventeen 2-bedroom & 2-bathroom units and two 3-bedroom & 2-bathroom units, the development offers a harmonious blend of functionality and sophistication. With a generous rentable/living area spanning approximately 15,400 square feet, the apartments vary in size from 728 to 1,110 square feet, providing a diverse range of living options to cater to various preferences. The building also boasts 22 parking spaces, ensuring convenience for residents. Moreover, this project is committed to fostering inclusivity by incorporating 1 Extremely Low-Income unit and 2 Very Low-Income units, contributing to the community’s diverse housing needs. Embrace the prospect of investing in a development that not only exemplifies architectural excellence but also aligns with a vision of creating a socially responsible living space in one of Los Angeles’ most dynamic neighborhoods.
Property Details
Price:
$1,950,000
MLS #:
23340263
Status:
Active
Baths:
0
Address:
355 S Kingsley Drive 5503007001
Type:
Land
Subdivision:
Norwood Terrace
Neighborhood:
c17midwilshire
City:
Los Angeles
Listed Date:
Dec 16, 2023
State:
CA
ZIP:
90020
Lot Size:
7,372 sqft / 0.17 acres (approx)
See this Listing
Mortgage Calculator
Schools
Interior
Exterior
View
None
Financial
Map
Community
- Address355 S Kingsley Drive 5503007001 Los Angeles CA
- AreaC17 – Mid-Wilshire
- SubdivisionNorwood Terrace
- CityLos Angeles
- CountyLos Angeles
- Zip Code90020
Similar Listings Nearby
- 5657 Lexington Avenue 5536004029
Los Angeles, CA$2,500,000
1.86 miles away
- 920 S La Brea Avenue 5084004037
Los Angeles, CA$2,495,000
2.48 miles away
- 745 N Croft Avenue 5528001024
Los Angeles, CA$2,495,000
4.25 miles away
- 5353 W Pico Boulevard 5085033017
Los Angeles, CA$2,450,000
3.23 miles away
- 1145 S Kingsley Drive 5080026009
Los Angeles, CA$2,400,000
1.23 miles away
- 1153 S Bronson Avenue 5081002018
Los Angeles, CA$2,300,000
1.63 miles away
- 109 W 14th Place 5133010002
Los Angeles, CA$2,300,000
3.23 miles away
- 2743 Locksley Place 5438019015
Los Angeles, CA$2,250,000
3.62 miles away
- 833 N Las Palmas Avenue 5524005006
Los Angeles, CA$2,200,000
2.31 miles away
- 1547 Sunset Plaza Drive 5558007007
Los Angeles, CA$2,200,000
4.96 miles away

355 S Kingsley Drive 5503007001
Los Angeles, CA
LIGHTBOX-IMAGES