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Property Description

Unbelievable opportunity!!! Great for investors and developers. This 6,362 sqft lot is zoned for various residential structures, the property currently features a single-family residence with 2 beds 1 bath. This presents a great opportunity for developer/investor or owner/user to build additional units on the property, expanding its potential and maximizing the lot square footage. Zoned LAR3, potential to build units such as Multiple Dwellings (R2 Uses), including Apartment Houses, (Subject to city approval). Prospective buyers are advised to check with the city to verify all permits and usages to ensure compliance and feasibility for their intended development plans.412 N Kingsley Dr, Los Angeles, CA 90004 is in the vibrant area of Hancock Park/Wilshire Center. It has a Walk Score of 89, Transit Score of 66, reflecting good access to public transportation options, including nearby metro stations. This area is a magnet for both tenants and investors due to its close proximity to a variety of amenities such as dining, shopping, and recreational facilities. The area consists of majority of renters making it incredible investment opportunity for owner/user or investor. Easy access to freeways and Public Transportation. This location is known for its heavy traffic, indicating strong accessibility and high visibility. A dynamic mix of residential and commercial properties in the area with high population density. The area has experienced considerable growth in recent years. Properties in this area are likely to benefit from ongoing development.

Features
: Zoned
1
: In Kitchen
Additional Information
RE/MAX ONE
0
VCR-C159094860
VCR-CB1494001
Roy
5521023007
: Standard

Commercial Sale For Sale

412 Kingsley Drive, Los Angeles, California 90004

$1,300,000
Listing ID #224001989
Basic Details
Status : Active
DaysOnMarket : 41
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 224001989
Price : $1,300,000
Year Built : 1920
Country : US
State : California
County : Los Angeles
City : Los Angeles
Zipcode : 90004
Price Per Square Foot : $1,113
ModificationTimestamp : 2024-07-02 13:50:14
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