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    1/2 BATHS
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    $/SQFT

Listing Details

Status
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On Site
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On Market
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MLS #
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Neighborhood
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Type
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Built
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School Ratings & Info

Description

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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-18T15:29:53.277. 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 deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
www.sellinglasouthbay.com/homes/120536442
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1031 S Kingsley Drive Los Angeles (City), CA 90006

  • Price: $1,790,000
  • Status: Active
  • Updated: 33 min ago
  • ID#: 21773342
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Beds
0
Baths
0
½ Baths
0.13
Acres
1963
Built
Neighborhood:
C17 - Mid-Wilshire
County:
Los Angeles
Area:
C17 - Mid-Wilshire
Property Description
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.
Exterior Features

Direction Faces East Parking Features GatedOne SpaceSide By Side

Interior Features

Appliances Gas CooktopDisposalGas Oven Cooling Wall/Window Unit(S) Cooling YN Yes Flooring CarpetLaminateTile Heating Heat Pump Heating YN Yes

Property Features

Community Features Gated Gross Income 98300 Laundry Features Common Area Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 61619 Possession Close Of Escrow Property Condition Updated/Remodeled Security Features Carbon Monoxide Detector(S)Gated CommunitySmoke Detector(S) Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGas Vacancy Allowance Rate 0 Zoning Lar4

Listing provided courtesy of Kyi Lee of Korus Real Estate


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-18T15:29:53.277. 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 deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
 
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Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay
23670 Hawthorne Blvd. #100
Torrance CA, 90505