1139 S Kingsley Drive

    Los Angeles (City), CA 90006
    • $1,200,000
    • STATUS: Active
    • ON SITE: 114 days
    • ID#: 19526770
    UPDATED: 108 min ago
    $1,200,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,092
      SQFT
    • $574
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:

    School Ratings & Info

    Description

    DEVELOPMENT OPPORTUNITY SIDE BY SIDE PROPERTIES SOLD TOGETHER ONLY AS ONE SALE. 1139 Kingsley for $1.2M / 1145 Kingsley for $1,2M Total $2.4M 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.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-27T00:28:24.423. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Steele Canyon Realty. Licensed in the State of California, USA.

    www.steelecanyonrealty.com/homes/100551525

    1139 S Kingsley Drive Los Angeles (City), CA 90006

    • Price: $1,200,000
    • Status: Active
    • Updated: 108 min ago
    • ID#: 19526770
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    2,092
    SQFT
    $574
    $/SQFT
    1924
    Built
    Neighborhood:
    C17 - Mid-Wilshire
    County:
    Los Angeles
    Area:
    C17 - Mid-Wilshire
    Property Description
    DEVELOPMENT OPPORTUNITY SIDE BY SIDE PROPERTIES SOLD TOGETHER ONLY AS ONE SALE. 1139 Kingsley for $1.2M / 1145 Kingsley for $1,2M Total $2.4M 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.
    Exterior Features

    Construction Materials Stucco Direction Faces East Lot Size Source Assessor Lot Size Units Square Feet Parking Features GatedParking Space Parking YN Yes

    Interior Features

    Appliances DisposalGas & Electric RangeRange Hood Appliances YN Yes Cooling Wall/Window Unit(S) Cooling YN Yes Flooring Laminate Laundry Features Gas Dryer HookupCommon Area Levels One

    Property Features

    Gross Multiplier 0.00 Gross Operating Income 53160.00 Improvements Amount 198702 Land Value 220780 Laundry YN Yes Net Operating Income 0.00 Property Condition Updated/Remodeled Security Features Smoke Detector(S)Gated CommunityCarbon Monoxide Detector(S) Special Listing Conditions Standard Tenant Pays ElectricityCable TvGas Total Expenses 0.00 Zoning Lar3

    Listing provided courtesy of Kyi Lee of Korus Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-02-27T00:28:24.423. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Steele Canyon Realty. Licensed in the State of California, USA.

     
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