1031 S Kingsley Drive, Los Angeles, CA



Development Opportunity in a Qualified Opportunity Zone. The unit mix consists of three 2 bed+1bath, two 1 bed+1bath, one 3 bed+2bath, and 8 Parking on-site. Each unit is separately metered for gas and electricity. Easy access to major employment and entertainment hubs of Downtown LA & Hollywood. Ideally located near the 10 freeway and in close proximity the Metro Red Line Wilshire/Normandie & Western stations. All tenants at the property are paying rent on time. No default tenants in prior the COVID-19. Good upside potential with some low rents. SEISMIC RETRIFITTING COMPLETED!! All requests are preferred by email.

Facts & Features

MLS® # 21704532
Price $1,790,000
Bathrooms 0.00
Acres 0.13
Year Built 1963
Type Residential Income
Status Active

Community Information

Address 1031 S Kingsley Drive
Area C17 - Mid-Wilshire
City Los Angeles
County Los Angeles
State CA
Zip Code 90006


Parking Gated, One Space, Side By Side
Garages Gated, One Space, Side By Side
View City Lights
Is Waterfront No
Has Pool No


Interior Carpet, Laminate, Tile
Appliances Gas Cooktop, Disposal
Heating Heat Pump
Cooling Wall/Window Unit(s)
Has Basement No
Fireplace Yes
Fireplaces None
# of Stories 2
Stories One

Additional Information

Date Listed March 9th, 2021
Days on Market 95
Zoning LAR4
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

AgentKyi Lee
OfficeKORUS Real Estate

Listing Map

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