Views
Address
355 S Kingsley Drive Los Angeles, CA
Price
$ 1,875,000
Property Attributes
  • MLS#SR21175261
  • TypeContingent
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaMid-Wilshire
  • Zip90020
  • Style
  • Price$ 1,875,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size7,369 SqFt
Listing Provided Courtesy Of:
Anie Mayelian - BRE#00778825 with Keller Williams Encino-Sherman Oaks - 818-915-9118
Data Source:
Crisnet - 313 - CA
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.

Price History
8/12/2021 Listed $1,875,000

General Features

Community Features Urban
Listing Agent Anie Mayelian - BRE#00778825
Listing Agent State License 00778825
Lot Size Square Feet 7369
MLS Area C17 - Mid-Wilshire
Property Type Land
Senior Community Y/N No
Special Listing Conditions Standard
Status Active Under Contract
Terms Cash to New Loan
View City Lights
Zoning LAR4-2

Exterior Features

Lot Features 0-1 Unit/Acre
Lot Size Acres 0.17
Lot Size Area 7369
Lot Size Source Assessor
Lot Size Units Square Feet
View Y/N Yes
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 90020

Price
AVG $1.3M
$1.88M
Visits
AVG 27
16
Walkscore
AVG 91
89
Data Provided by Walkscore ® not using MLS data

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