950 N Kingsley Drive, Los Angeles

$1,300,000

0 Beds
0 Baths
0 Sqft
7,588 Lot Sqft
0 Garages

Hollywood Triplex investment opportunity with tremendous upside. Zoned for multi family development adjacent to Silverlake. The Property's Proximity To The Sunset Junction, Los Angeles City College And The Metro Station Provide Convenient Housing in Gentrifying Sub-Market . Property is zoned R3 that allows nine units by right, Developers can also take advantage of a Tier 2 TOC Bonus and receive a 60% unit count increase, 45% increase in FAR and height bonus of 1 story up to 11 feet (Buyer to verify) Each unit comes with washer/dryer hook up ideal for tenants. Two of the units are vacant and are ready to be brushed up for new tenants. Additional room attached to the main house without permits.

Essential Information
MLS® #21716146
Price$1,300,000
Bathrooms0.00
Lot Sqft7,588
Acres0.00
Year Built1920
TypeResidential Income
StatusActive
No of Units3
Community Information
Address950 N Kingsley Drive
AreaC20 - Hollywood
CityLos Angeles
CountyLos Angeles
StateCA
Zip Code90029
Amenities
ParkingDriveway, Attached Carport
GaragesDriveway, Attached Carport
Interior
# of Stories2
Additional Information
Date ListedApril 7th, 2021
Days on Market8
ZoningLAR3
HOA Fees0.00
Listing Details
AgentArmen Nkruryan
OfficeCentury 21 Hollywood
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Based on information from California Regional Multiple Listing Service, Inc. as of April 16th, 2021 at 6:37am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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