355 S Kingsley Drive 5503007001
Los Angeles, CA, 90020
$1,950,000
Beds
0 Baths
SqFt
0.17 Acres
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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 AGENT: Dae Young Hur
LISTING BROKERAGE: Keller Williams Larchmont
355 S Kingsley Drive 5503007001
Los Angeles, CA

Property Details

Price:
$1,950,000
MLS #:
23340263
Status:
Active
Baths:
0
Address:
355 S Kingsley Drive 5503007001
Type:
Land
Subdivision:
Norwood Terrace
Neighborhood:
c17midwilshire
City:
Los Angeles
Listed Date:
Dec 16, 2023
State:
CA
ZIP:
90020
Lot Size:
7,372 sqft / 0.17 acres (approx)
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The Agency fully supports the Equal Housing Opportunity laws. The Agency IP Holdco, LLC and its parents, affiliates, subsidiaries, franchisees of its affiliates, and network partners make no representations, warranties, or guaranties as to the accuracy of the information contained herein, including square footage, lot size or other information concerning the condition, suitability or features of the property. All material is intended for informational purposes only and has been obtained from public records, MLS, or other sources believed to be reliable, but not verified. All prospective buyers should conduct a careful, independent investigation of the information and property, and consult with appropriate professionals, such as appraisers, architects, civil engineers, etc. CalDRE #01904054

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