Los Angeles, CA 90029 1150 N Kingsley Drive
$1,299,999
Presented By: Anie Mayelian with Keller Williams Realty Calabasas; 818-915-9118
Home Details
We are pleased to present an excellent development opportunity near Santa Monica Blvd and Normandie Ave in East Hollywood! The existing structure on the lot consists of a fixer 6 unit building of which 4 UNITS WILL BE DELIVERED VACANT! Boasting a lot size of +/- 7,895 sq. ft., zoning of LARD1.5, and Tier 3 TOC designation, the potential possibilities for this property are endless! Buyer may be able to do affordable housing (ED-1) project on this lot! Buyer to investigate. The buyer can also reap tax benefits as the property is in an Opportunity Zone! There are 4 detached garages in the back lot, which can also be converted to one or more ADUs to generate additional rental income. Given the building's central location in the bustling rental Hollywood rental market and close to Virgil Village, Melrose Hill, and the numerous establishments across Santa Monica Blvd., this is a value-add investment not to be missed!
Presented By: Anie Mayelian with Keller Williams Realty Calabasas; 818-915-9118
Interior Features for 1150 N Kingsley Drive
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
General for 1150 N Kingsley Drive
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityLos Angeles
Community FeaturesCurbs, StormDrains, StreetLights, Sidewalks
CountyLos Angeles
Days on Market
DirectionsSanta Monica Blvd & Kingsley Dr
Garage Y/NNo
HOA0.0
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet7895.0
Lot Size UnitsSquareFeet
MLS AreaC20 - Hollywood
MobileHomeRemainsYNNo
New ConstructionNo
Private PoolNo
Property TypeLand
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot23
TermsCash
ViewNone
View Y/NNo
Waterfront Y/NNo
ZoningLARD1.5
Exterior for 1150 N Kingsley Drive
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1812
Lot Size Area7895.0
Lot Size SourceAssessor
Open Parking Y/NNo
SpaNo
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480