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$2,300,000
Est. payment /mo
3 Beds
2 Baths
1,665 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,665 sqft
Price per Sqft $1,381
MLS Listing ID 25533189
Bedrooms 3
HOA Y/N No
Year Built 1895
Lot Size 5,902 Sqft
Property Description
25 Unit Redevelopment. Located within the Koreatown redevelopment project area. Koreatown Galleria supermarket & retail stores in very close distance. Dense demographic neighborhood. Close proximity to Olympic Blvd & Western. Side by side properties sold together only as one sale. APN's: 5080-026-008 & -009 Price is for both parcels. Sale Price $2,300,000. Legally 14 Units Bonus Density 25 Units including 3 Units for Low Income.Buyer to do their own due diligence regarding possibilities for development. Interior inspection subject to accepted offer. BUILDING SIZE: 2,902 sq. ft. + 1,665 sq. ft. = 3,757 sq. ft. (combined) LAND SIZE: 5,900 sq. ft. + 5,900 sq. ft. = 11,800 sq. ft. (combined) LAND PRICE PER SF: $194 per sq. ft. ZONING: R3-1 TRANSIT ORIENT COMMUNITIES Tier 2. Most renters are currently on a monthly basis. 1139 S Kingsley Triplex: 3 Beds/ 2 Bath 2,092 sq. ft. $2,680 Month-to-Month 1141 S Kinsley 1 Bed/ 1 Bath $1,600 Month-to-Month 1141 1/2 S Kingsley 1 Bed/ 1 Bath $1,720 Month-to-Month. 1145 S Kingsley Duplex: 2 Beds/ 1 Bath 1,665 sq. ft. $2,700 Month-to-Month 1145 S Kingsley 1 Bed/ 1 Bath $2,000 Month-to-Month. Total Income $10,700 p/mo.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Zoning LAR3
Interior
Flooring Carpet, Laminate
Fireplace No
Appliance Disposal, Refrigerator
Exterior
Parking Features Side By Side
Total Parking Spaces 4
Building
Faces East
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5080026009
Special Listing Condition Standard
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Listed by Kyi Lee • KORUS Real Estate
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