942 N Kingsley Drive, Los Angeles, CA 90029

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Sheila Dadashzadeh

[email protected] +1(858) 375-6785

$1,280,000

Est. payment - /mo

1 Bed

9,035 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID WS25144997

Bedrooms 1

Lot Size 9,035 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

This is a great opportunity to develop on a large lot in East Hollywood on a quiet street. Owner occupied and will be delivered vacant. Do not distrub. The lot is near Melrose Hills, Los Feliz, Silver Lake, Larchmont Village, and Koreatown. Nearby spots such as the Hollywood Walk of Fame, the Observatory, Pantages Theatre, and many great restaurants. Less than a mile away from Vermont/Santa Monica Metro station. Many options are possible on this 9,035 sq. ft. lot (R3-1XL TOC 2 zoning). Based on zoning by right, there is an option to build 11 units with more units with TOC bonuses or to build up to 8 ADUs as well. Another available option is creating an ED1 project with the possibility of up to 40 units. Also, this great layout for a small lot project to build condos as well since it will clear SB8 to avoid affordable housing requirements for small lot condos. Buyer is responsible for verification of all zoning and building details.

Location

State CA

County Los Angeles

Zoning Assessor

Direction Cross street is Romaine

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 5537024024

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by EDMOND WU LANDMARK LENDING REALTY

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Sheila Dadashzadeh

+1(858) 375-6785

Agent | CA BRE #01835591

Agent CA BRE #01835591

San Diego Communities

942 N Kingsley Drive Los Angeles, CA 90029

Sheila Dadashzadeh

Key Details

Location

Interior

Exterior

Building

Others

Get More Information