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    1139 S Kingsley Dr

    Los Angeles, CA 90006
    • $1,250,000
    • STATUS: Active
    • ON SITE: 328 days
    • MLS #: 19-526770
    UPDATED: 63 min ago
    $1,250,000
    • 5
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,092
      SQFT
    • $598
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:
    Area:

    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 the Combined LA/Westside Multiple Listing Service as of 2020-09-28T17:42:52.477. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.markwiseproperties.com/homes/100539041
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    1139 S Kingsley Dr Los Angeles, CA 90006

    • Price: $1,250,000
    • Status: Active
    • Updated: 63 min ago
    • MLS #: 19-526770
    5
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2,092
    SQFT
    $598
    $/SQFT
    1924
    Built
    Neighborhood:
    Mid-Wilshire
    County:
    Los Angeles
    Area:
    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

    Direction Faces East Exterior Construction Stucco Levels One Lot Size Area 5900 Other Structures None Parking Garage Driveway GateParking Space Total Parking 5

    Interior Features

    Baths Total 4.00 Cooking Appliances Free Standing GasGas/Electric RangeRange Hood Cooling Wall Unit(S)Wall/Window Equipment Garbage DisposalGas Dryer Hookup Flooring LaminateMixed Heating Wall Gas Laundry Laundry Area

    Property Features

    Gross Income 0 Gross Operating Income 53160 Like Units1 1 Like Units2 1 Like Units3 1 Net Operating Income 0.00 Number Of Buildings 2 Number Of Units 3 Owner Pays GardenerWater Property Condition Updated/Remodeled Sale Type Standard Security Features Carbon Monoxide Detector(S)GatedSmoke Detector Source Living Area Assessor Source Lot Size Area Assessor Tenant Pays Cable TvElectricityGas Total Annual Expense 0 Type Of Units Triplex Year Built Source Assessor Zoning Lar3

    Listing provided courtesy of Kyi Lee DRE#01815410 of Korus Real Estate.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-28T17:42:52.477. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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