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    1139 S Kingsley Drive

    Los Angeles (City), CA 90006
    • $1,350,000
    • STATUS: Active
    • ON SITE: 361 days
    • ID#: 19526770
    UPDATED: 27 min ago
    $1,350,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:

    School Ratings & Info

    Description

    DEVELOPMENT OPPORTUNITY SIDE BY SIDE PROPERTIES SOLD TOGETHER ONLY AS ONE SALE. 1139 Kingsley for $1.2M / 1145 Kingsley for $1,2M Total $2.4M 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 11,800 sq.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 $4,880 and #1145 is $3,490. 2 house total $8,370 Sold "AS IS" in its present condition. Existing tenants have lease month to month. DRIVE BY ONLY! DO NOT TRESPASS THE PROPERTY OR DISTURB OCCUPANTS/TENANT IN ANY CIRCUMSTANCES. ALL OFFERS MUST BE SUBMITTED 1139 AND 1145 IN ONE CONTRACT. THREE UNITS WILL BE DELIVERED VACANT.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-31T15:33:32.457. 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 or Keller Williams Realty. Licensed in the State of California, USA.

    www.therealestategirl.com/homes/100551525
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    1139 S Kingsley Drive Los Angeles (City), CA 90006

    • Price: $1,350,000
    • Status: Active
    • Updated: 27 min ago
    • ID#: 19526770
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    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. 1139 Kingsley for $1.2M / 1145 Kingsley for $1,2M Total $2.4M 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 11,800 sq.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 $4,880 and #1145 is $3,490. 2 house total $8,370 Sold "AS IS" in its present condition. Existing tenants have lease month to month. DRIVE BY ONLY! DO NOT TRESPASS THE PROPERTY OR DISTURB OCCUPANTS/TENANT IN ANY CIRCUMSTANCES. ALL OFFERS MUST BE SUBMITTED 1139 AND 1145 IN ONE CONTRACT. THREE UNITS WILL BE DELIVERED VACANT.
    Exterior Features

    Construction Materials Stucco Direction Faces East Lot Size Source Assessor Lot Size Units Square Feet Parking Features Parking Space Parking YN Yes

    Interior Features

    Appliances DisposalGas RangeRange Hood Appliances YN Yes Cooling Wall/Window Unit(S) Cooling YN Yes Flooring Laminate Levels One

    Property Features

    Gross Income 0.00 Gross Multiplier 0.00 Gross Operating Income 53160.00 Net Operating Income 0.00 Property Condition Updated/Remodeled Security Features Carbon Monoxide Detector(S)Gated CommunitySmoke Detector(S) Senior Community YN No Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Total Expenses 0.00 Vacancy Allowance Rate 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 2020-10-31T15:33:32.457. 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 or Keller Williams Realty. Licensed in the State of California, USA.

     
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