CA > Los Angeles
Los Angeles, CA 90029,942 N Kingsley DR
Los Angeles, CA 90029,942 N Kingsley DR
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,375,000
Est. payment /mo
9,034 Sqft Lot
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UPDATED:

11/21/2024 06:56 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID WS24234286

HOA Y/N No

Year Built 1940

Lot Size 9,034 Sqft

Property Description

This is a great opportunity to develop on a large lot in East Hollywood on a quiet street. Owner occupied and will be delivered vacant. Do not distrub. The lot is near Melrose Hills, Los Feliz, Silver Lake, Larchmont Village, and Koreatown. Nearby spots such as the Hollywood Walk of Fame, the Observatory, Pantages Theatre, and many great restaurants. Less than a mile away from Vermont/Santa Monica Metro station.

Many options are possible on this 9,035 sq. ft. lot (R3-1XL TOC 2 zoning). Based on zoning by right, there is an option to build 11 units with more units with TOC bonuses or to build up to 8 ADUs as well. Another available option is creating an ED1 project with the possibility of up to 40 units. Also, this great layout for a small lot project to build condos as well since it will clear SB8 to avoid affordable housing requirements for small lot condos. Buyer responsible for verification of all zoning and building details.

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning LAR3

Interior

Fireplace No

Laundry None

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Sidewalks

Total Parking Spaces 4

Private Pool No

Building

Lot Description Tear Down

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5537024024

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Read Less Info
California Regional MLS (CRMLS)
Listed by EDMOND WU • LANDMARK LENDING REALTY • 626-246-8680

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