926 N Kingsley Dr La
| Website: | https://www.nestseekers.com/5624643 |
|---|---|
| Address: | 926 N Kingsley Dr LOS ANGELES, CA 90029 |
| Ownership: | For Sale |
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| Area: | 8683 sq ft |
| Lot Size: | 0.2 Acres |
Financials
Price:$1,050,000
Description
Vacant development site located at 926 N Kingsley Dr, Los Angeles, California 90029, zoned R3-1XL. Situated in the highly sought-after East Hollywood neighborhood, the property consists of an approximately 8,684-square-foot (0.20-acre) corner lot and offers developers a rare opportunity to build in one of Los Angeles' most supply-constrained rental markets. The site is designated Transit Oriented Communities (TOC) Tier 2 and isED1 eligible, providing the potential to streamline project approvals while benefiting from meaningful development incentives. Zoned R3-1XL with a 60% Density Bonus increase, the property is designated Medium Residential under the Hollywood Community Plan, offering significant multifamily development potential. Offered with SELLER FINANCING available at only 30% down, 926 N Kingsley Drive presents investors and developers with a compelling opportunity to capitalize on one of Los Angeles' strongest multifamily development corridors while benefiting from flexible acquisition terms.
271 North Canon Drive Beverly Hills, CA 90210 Phone: +1 310-280-8983 Fax: +1 310-362-0351 | |
| Listing Courtesy of Marcus & Millichap | |