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$ 1,250,000
Est. payment | /mo
3 Beds
2 Baths
1,665 SqFt
$ 1,250,000
Est. payment | /mo
3 Beds
2 Baths
1,665 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,665 sqft
Price per Sqft $750
MLS Listing ID 26845511
Bedrooms 3
HOA Y/N No
Year Built 1895
Lot Size 5,902 Sqft
Property Description
Prime Koreatown investment opportunity at 1145 S Kingsley Dr with the rare option to acquire the adjacent property at 1139 S Kingsley Dr, creating a combined lot size of approximately 11,800 SF. Zoned R3 with TOC Tier 2 incentives, this offering presents exceptional development and value-add potential in one of the most desirable rental markets in Los Angeles. Properties are situated in the heart of Koreatown, just walking distance to Olympic Blvd, and surrounded by major Korean markets, restaurants, cafes, and everyday amenities. This highly walkable location continues to drive strong tenant demand and long-term appreciation. Ideal for investors and developers seeking to maximize density through TOC incentives, reposition existing improvements, or pursue future redevelopment opportunities (buyer to verify zoning, density, and all development potential with the city). Opportunities like thistwo side-by-side parcels in a prime central Koreatown locationare extremely rare. Do not disturb tenants. Drive-by only. Interior inspection subject to accepted offer.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Zoning LAR3
Interior
Fireplace No
Exterior
Parking Features Assigned
Building
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5080026009
Special Listing Condition Standard
Listed by John C. Pak Christie's International Real Estate SoCal #01898649
Nearby Locations
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