2
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$1,350,000
Est. payment /mo
9,035 Sqft Lot
Price Dropped by $25K
942 N Kingsley DR Los Angeles, CA 90029
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UPDATED:
02/13/2025 07:37 PM
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRWS24234286
Originating Board California Regional MLS
Year Built 1940
Lot Size 9,035 Sqft
Property Sub-Type Fourplex
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
Interior
Laundry None
Exterior
Garage Spaces 4.0
Pool None
Building
Water District - Public
Others
Tax ID 5537024024
Special Listing Condition Not Applicable
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Listed by EDMOND WU • LANDMARK LENDING REALTY