Price
$ 1,200,000
1139 S KINGSLEY Drive, Los Angeles, CA 90006  

1139 S KINGSLEY Drive, Los Angeles, CA 90006  

DEVELOPMENT OPPORTUNITY SIDE BY SIDE PROPERTIES SOLD TOGETHER ONLY AS ONE SALE.Legally 14 units, Bonus density 25 units that included 3 units for low income. Two (2) properties assembled for redevelopment. TOC - Tier 2. R3 ZONING.1139 S. Kingsley Dr. APN# 5080-026-008 & 1145 S. Kingsley Dr. APN# 5080-026-009 - Approximately 11,800sq.ft. both parcels combined. Buyer to do their own due diligence regarding possibilities for development. Buyer to cooperate in a 1031 exchange at no cost at liability to buyer. Total actual income rent for #1139 is $4,430 and #1145 is $3,210. Sold "AS IS" in its present condition. Existing tenants have lease month to month.DRIVE BY ONLY! DO NOT TRESSPASS THE PROPERTY OR DISTURB OCCUPANTS/TENANT IN ANY CIRCUMSTANCES. ALL OFFERS MUST BE SUBMITTED ON CAR FORM RIPA.

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  • Listing Type Multi-Family
  • Listing ID 18400528
  • Lot Size 5,900.00 sqft
  • Listing Status Active
  • Year Built 1924
  • County Los Angeles
  • Floors 0
  • Units 3
  • Zoning LAR3
  • TaxID 5080026008
Listing courtesy of Kyi Lee~KORUS Real Estate

Sold Info

Date Sold for * Help Change
03/31/2010 $380,000 -57.3%
12/26/2005 $890,000 +66.4%
11/23/2004 $535,000 +53.3%
12/19/2002 $349,000 +16.7%
11/07/2001 $299,000 +26.2%
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