Prime Koreatown investment opportunity at 1139 S Kingsley Dr with the rare option to acquire the adjacent property at 1145 S Kingsley Dr, creating a combined lot size of approximately 11,800 SF. Zoned R3 with TOC Tier 2 incentives, this offering presents exceptional development and value-add potential in one of the most desirable rental markets in Los Angeles. Properties are situated in the heart of Koreatown, just walking distance to Olympic Blvd, and surrounded by major Korean markets, restaurants, cafes, and everyday amenities. This highly walkable location continues to drive strong tenant demand and long-term appreciation. Ideal for investors and developers seeking to maximize density through TOC incentives, reposition existing improvements, or pursue future redevelopment opportunities (buyer to verify zoning, density, and all development potential with the city). Opportunities like thistwo side-by-side parcels in a prime central Koreatown locationare extremely rare. Do not disturb tenants. Drive-by only. Interior inspection subject to accepted offer.
AGENT: John C. Pak LISTING BROKERAGE: Christie’s International Real Estate SoCal
Courtesy of Christie’s International Real Estate SoCal. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 1139 S Kingsley DR #3
Los Angeles, CA
Property Details
Price:
$1,250,000
MLS #:
26845495
Status:
Active
Beds:
2
Baths:
3
Type:
Single Family
Neighborhood:
c17midwilshire
Listed Date:
Jun 9, 2026
Finished Sq Ft:
2,092
Total Sq Ft:
2,092
Lot Size:
5,902 sqft / 0.14 acres (approx)
Year Built:
1924
C17 – Mid-wilshireC17midwilshire
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- Address1139 S Kingsley DR #3 Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90006
