1150 North Kingsley Drive

1150 North Kingsley Drive

Los Angeles, CA 90029

$1,350,000
Price
7,895 / 0.18
Lot Size / Acres
a front view of a house with a yard
a city street view with tall buildings
a city view
a view of a garage
a house view with a outdoor space

Description

We are pleased to present an excellent development opportunity near Santa Monica Blvd and Normandie Ave in East Hollywood! The existing structure on the lot consists of a fixer 6 unit building of which 4 UNITS WILL BE DELIVERED VACANT! Boasting a lot size of +/- 7,895 sq. ft., zoning of LARD1.5, and Tier 2 TOC designation, the potential possibilities for this property are endless! The property at 1156 N Kingsley (just 2 doors down) is currently being developed into a 49 unit affordable housing project...We are pleased to present an excellent development opportunity near Santa Monica Blvd and Normandie Ave in East Hollywood! The existing structure on the lot consists of a fixer 6 unit building of which 4 UNITS WILL BE DELIVERED VACANT! Boasting a lot size of +/- 7,895 sq. ft., zoning of LARD1.5, and Tier 2 TOC designation, the potential possibilities for this property are endless! The property at 1156 N Kingsley (just 2 doors down) is currently being developed into a 49 unit affordable housing project utilizing ED-1 and a similar affordable housing project can be done on this lot! Buyer to investigate. The buyer can also reap tax benefits as the property is in an Opportunity Zone! There are 4 detached garages in the back lot, which can also be converted to one or more ADUs to generate additional rental income. Given the building's central location in the bustling rental Hollywood rental market and close to Virgil Village, Melrose Hill, and the numerous establishments across Santa Monica Blvd., this is a value-add investment not to be missed!
  1. Listed by Anie Mayelian • DRE #00778825 • Brokerage DRE #01872625 • Keller Williams Realty Calabasas • 818-915-9118
  2. Listed by Aleen Mayelian • DRE #02198281 • Brokerage DRE #01872625 • Keller Williams Realty Calabasas

Property Details for 1150 North Kingsley Drive

View
None
Lot Size Source
Assessor
Assessor Parcel Number
5537-015-008
New Construction
No
Pool
No
View
No
Association
No
Association Fee
$.00

Location

Listing Courtesy of Keller Williams Realty Calabasas, Anie Mayelian, DRE #00778825; Keller Williams Realty Calabasas, Aleen Mayelian, DRE #02198281
Add your commute
LISTING UPDATED: 04/03/2024 07:37 AM

Property Details for 1150 North Kingsley Drive

StatusActive
MLS #SR24045813
Days on Market52
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot/Land
Year Built-
Lot Size0.18 AC
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Realty Calabasas, Anie Mayelian, DRE #00778825; Keller Williams Realty Calabasas, Aleen Mayelian, DRE #02198281
Add your commute

Building Information for 1150 North Kingsley Drive

Lot Size0.18 AC

Payment Calculator

$7,735 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,368

Property Taxes

$367

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1150 North Kingsley Drive

Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Census Tract: 1911.20
  • CFD/Mello-Roos Fee: $964
  • Tax Lot: 23
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights
Property / Structure Info
Exterior Features
  • View Description: None
Distance To
  • Distance To Water: Yes
Land/Lot Info
  • Lot Features: Lot 6500-9999
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Carport Spaces: 0

Property History for 1150 North Kingsley Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1150 North Kingsley Drive

Taxable ValueLand$292,416Additions$1,613Total$294,029
Tax Record2023$4,406 ($367 / month)
Home Facts
Total Finished SqFt3,199 SqFtAbove Grade Finished SqFt3,199 SqFtLot Size7,895 SqFtStyleMulti-Family Res (5+ Units)ZoningLARD1.5CountyLOS ANGELESAPN5537-015-008

Schools near 1150 North Kingsley Drive

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Kingsley Elementary School
Public - K to 5
Joseph Le Conte Middle School
Public - 6 to 8
STEM Academy at Bernstein High
Public - 9 to 12
Helen Bernstein High School
Public - 9 to 12
Rating
School
Distance
Kingsley Elementary School
PublicK to 5

Joseph Le Conte Middle School
Public6 to 8

STEM Academy at Bernstein High
Public9 to 12

Helen Bernstein High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1150 North Kingsley Drive, Los Angeles, CA 90029

1150 North Kingsley Drive is a 0.18 ac of land for sale in Los Angeles, CA 90029. This property was listed for sale on March 8, 2024 by Keller Williams Realty Calabasas, it's currently listed at $1,350,000. It has been on the market for a total of 52 days and was last sold on June 20, 1994. This listing's school district is Los Angeles Unified School District. Nearby schools include Kingsley Elementary School, Joseph Le Conte Middle School and STEM Academy at Bernstein High. 1150 North Kingsley Drive is a 0-bed, 0-bath, 0.18 ac of land on a 7,895 sq. ft. / 0.18 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Calabasas, Anie Mayelian, DRE #00778825; Keller Williams Realty Calabasas, Aleen Mayelian, DRE #02198281

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.