355 South Kingsley Drive

355 South Kingsley Drive

Los Angeles, CA 90020

$2,100,000
Price
7,372 / 0.17
Lot Size / Acres
a front view of a building
an aerial view of city
an aerial view of a city
a view of a city
a view of a yard with plants
a view of outdoor space
a view of a water fountain

Description

Introducing an exceptional opportunity, RTI, Ready-to-Issue 19-Unit non-rent-controlled development in the heart of Koreatown. Strategically positioned in close proximity to the Wilshire/Western Metro Subway Station, this development is surrounded by the vibrant neighborhoods of Koreatown, Silver Lake, Hollywood, and Downtown. This exquisitely designed 5-story construction project, inclusive of a one-level basement parking garage, is a testament to thoughtful planning and contemporary aesthetics....Introducing an exceptional opportunity, RTI, Ready-to-Issue 19-Unit non-rent-controlled development in the heart of Koreatown. Strategically positioned in close proximity to the Wilshire/Western Metro Subway Station, this development is surrounded by the vibrant neighborhoods of Koreatown, Silver Lake, Hollywood, and Downtown. This exquisitely designed 5-story construction project, inclusive of a one-level basement parking garage, is a testament to thoughtful planning and contemporary aesthetics. Comprising seventeen 2-bedroom & 2-bathroom units and two 3-bedroom & 2-bathroom units, the development offers a harmonious blend of functionality and sophistication. With a generous rentable/living area spanning approximately 15,400 square feet, the apartments vary in size from 728 to 1,110 square feet, providing a diverse range of living options to cater to various preferences. The building also boasts 22 parking spaces, ensuring convenience for residents. Moreover, this project is committed to fostering inclusivity by incorporating 1 Extremely Low-Income unit and 2 Very Low-Income units, contributing to the community's diverse housing needs. Embrace the prospect of investing in a development that not only exemplifies architectural excellence but also aligns with a vision of creating a socially responsible living space in one of Los Angeles' most dynamic neighborhoods.
  1. Listed by Dae Young Hur • DRE #01489175 • Brokerage DRE #01458187 • Keller Williams Larchmont

Property Details for 355 South Kingsley Drive

Zoning
LAR4
Cross Streets
4th and Kingsley
Parcel Number
5503007001
Area
Mid-Wilshire (C17)
Subdivision Name
Norwood Terrace
Lot Size Area
7372
Source Lot Size Area
Vendor Enhanced
Assessor Parcel Number
5503-007-001

Location

Listing Courtesy of Keller Williams Larchmont, Dae Young Hur, DRE #01489175
Add your commute
LISTING UPDATED: 04/17/2024 07:57 AM

Property Details for 355 South Kingsley Drive

StatusActive
MLS #23-340263
Days on Market125
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.17 AC
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Larchmont, Dae Young Hur, DRE #01489175
Add your commute

Building Information for 355 South Kingsley Drive

Lot Size0.17 AC

Payment Calculator

$12,679 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,461

Property Taxes

$1,218

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 355 South Kingsley Drive

Community / Development
Community / Development
  • Senior Community: No
  • Builders Tract Name: Norwood Terrace
Structure Info
Structure Info
  • View: No
  • View Description: None
  • View: None
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Special Zoning: None
  • Lot Acreage: 0.1692
  • Lot Size Square Feet: 7372
  • Lot Size Dimensions: 50x150
  • Source Lot Size Dimensions: Vendor Enhanced
  • Telephone: 0.0
  • Cable: 0.0
Parking Details
Parking Details
  • Total Parking: 0
Exterior Features
Exterior Features
  • New Construction: No
Lease Terms
Lease Terms
  • Entry Date: 12-16-2023

Property History for 355 South 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 355 South Kingsley Drive

Taxable ValueLand$964,981Additions$214,439Total$1,179,420
Tax Record2023$14,622 ($1,218 / month)
Home Facts
Total Finished SqFt2,887 SqFtAbove Grade Finished SqFt2,887 SqFtLot Size7,369 SqFtStyleDuplexYear Built1922ZoningLAR1CountyLOS ANGELESAPN5503-007-001

Schools near 355 South Kingsley Drive

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Cahuenga Elementary School
Public - K to 5
Virgil Middle School
Public - 6 to 8
Young Oak Kim Academy
Public - 6 to 8
Rfk Community Schools-Los Angeles High School Of The Arts
Public - 9 to 12
Rating
School
Distance
Cahuenga Elementary School
PublicK to 5

Virgil Middle School
Public6 to 8

Young Oak Kim Academy
Public6 to 8

Rfk Community Schools-Los Angeles High School Of The Arts
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 355 South Kingsley Drive, Los Angeles, CA 90020

355 South Kingsley Drive is a 0.17 ac of land for sale in Los Angeles, CA 90020. This property was listed for sale on December 16, 2023 by Keller Williams Larchmont, it's currently listed at $2,100,000. It has been on the market for a total of 125 days and was last sold on August 31, 2023. This listing's school district is Los Angeles Unified School District. Nearby schools include Cahuenga Elementary School, Virgil Middle School and Young Oak Kim Academy. 355 South Kingsley Drive is a 0-bed, 0-bath, 0.17 ac of land on a 7,372 sq. ft. / 0.17 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 Larchmont, Dae Young Hur, DRE #01489175

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.