Homes for sale - 355 S Kingsley DR, Los Angeles, CA 90020

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JLee Broker

[email protected] +1(650) 857-1000

Listed by Anie Mayelian • Equity Union

$1,875,000

Est. payment - /mo

7,369 Sqft Lot

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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

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Building

Water District - Public

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Tax ID 5503007001

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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355 S Kingsley DR Los Angeles, CA 90020

JLee Broker

Key Details

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