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Listed by Anie Mayelian (00778825) • Equity Union
$ 1,875,000
Est. payment /mo
Pending
355 S Kingsley DR Los Angeles, CA 90020
7,370 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Pending
Purchase Type For Sale
MLS Listing ID SR21175261
HOA Y/N No
Lot Size 7,370 Sqft
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
Zoning LAR4-2
Exterior
Community Features Urban
View Y/N Yes
View City Lights
Building
Lot Description Lot 6500-9999, 0-1 Unit/Acre
Water Public
New Construction No
Others
Senior Community No
Special Listing Condition Standard
Nearby Locations