1139 S Kingsley Dr Los Angeles, CA 90006

$1,200,000
Los Angeles, CA   90006
0 Beds, 0.0 Baths, 0 sq ft, 5,900 sq ft lot, Built in 0
1139 S Kingsley Dr, Los Angeles, CA 90006 Photo 0
1139 S Kingsley Dr, Los Angeles, CA 90006 Photo 1
1139 S Kingsley Dr, Los Angeles, CA 90006 Photo 2
1139 S Kingsley Dr, Los Angeles, CA 90006 Photo 3
1139 S Kingsley Dr, Los Angeles, CA 90006 Photo 4
0 Beds,
0.0 Baths,
0 sq ft,
5,900 sq ft lot
Built in 0

Description

MLS# 19452910

DEVELOPMENT OPPORTUNITY SIDE BY SIDE PROPERTIES SOLD TOGETHER ONLY AS ONE SALE.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 11,800sq.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. Sell two contiguous properties together at $2.4M.Total actual income rent for #1139 is $4,430 and #1145 is $3,210. 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. #1139 3units 2,092sq. ft. x 5,900 sq. ft. #1145 2units 1,665sq. ft. x 5,900 sq. ft. Listed by Kyi Lee, Korus Real Estate.

Description

MLS# 19452910

DEVELOPMENT OPPORTUNITY SIDE BY SIDE PROPERTIES SOLD TOGETHER ONLY AS ONE SALE.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 11,800sq.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. Sell two contiguous properties together at $2.4M.Total actual income rent for #1139 is $4,430 and #1145 is $3,210. 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. #1139 3units 2,092sq. ft. x 5,900 sq. ft. #1145 2units 1,665sq. ft. x 5,900 sq. ft. Listed by Kyi Lee, Korus Real Estate.

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    Mike Misquez, MBA

    NMLS# 1662824

    Direct: (909) 251-2560
    Email: mike@colonialres.com

Area
AREA: C17 - Mid-Wilshire
COUNTY: LA
Community
HOA DUES 1: 0.00
Land
LAND FEE/LEASE: Monthly
ZONE: LAR3
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