355 S Kingsley Drive, Los Angeles, CA 90020 - Berkshire Hathaway HomeServices California Properties

355 S Kingsley Drive, Los Angeles, CA 90020

$1,950,000 Approx. USD 0 beds, 0 baths

Listing Agent


Dae Young Hur | LAnewHome@gmail.com
Lic#: 01489175
Broker: Courtesy of Keller Williams Larchmont

Agent Remarks

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.

Listing Details

Property type: (Lots/Land)
Status: Active
MLS# 23340263
List price is $1,950,000 Reduced by $150,000 on 8/21/2024
Price: $1,950,000
Beds: 0
Baths: 0
0.17 acres
Lot size: 0.1692
Subdivision: Norwood Terrace
County: Los Angeles
Zoning: LAR4
MLS area: C17 - Mid-Wilshire

Last Updated: 3/3/2025

 Days On Market (DOM): 513

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This listing belongs to the C17 - Mid-Wilshire MLS area

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Lat/Long: 34.067363, -118.303248.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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