1139 S Kingsley Drive

    Los Angeles (City), CA 90006
    • $1,200,000
    • STATUS: Active
    • ON SITE: 23 days
    • ID#: 18400528
    UPDATED: 24 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.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.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-18T07:30:01.06. 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. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/88838380

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

    • Price: $1,200,000
    • Status: Active
    • Updated: 24 min ago
    • ID#: 18400528
    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.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

    Direction Faces East Lot Size Units Square Feet Parking Features Parking SpaceDriveway Parking YN Yes

    Interior Features

    Cooling Wall WindowGas Cooling YN Yes Flooring Laminate Laundry Features Area Levels One

    Property Features

    Gross Multiplier 0.00 Gross Operating Income 0.00 Improvements Amount 198702 Land Lease Amount Frequency Monthly Land Value 220780 Laundry YN Yes Net Operating Income 0.00 Special Listing Conditions Standard 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 2018-11-18T07:30:01.06. 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. Licensed in the State of California, USA.
     
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    Irvine CA, 92604