Listing by: Dae Young Hur, Keller Williams Larchmont

0 Beds

n/a Full bath

n/a SqFt

Active

Introducing an exceptional opportunity, RTI, Ready-to-Issue 19-Unit non-rent-controlled development in the heart of Koreatown. Strategically positioned in close proximity to the Wilshire/Western Metro Subway Station, this development is surrounded by the vibrant neighborhoods of Koreatown, Silver Lake, Hollywood, and Downtown. This exquisitely designed 5-story construction project, inclusive of a one-level basement parking garage, is a testament to thoughtful planning and contemporary aesthetics. Comprising seventeen 2-bedroom & 2-bathroom units and two 3-bedroom & 2-bathroom units, the development offers a harmonious blend of functionality and sophistication. With a generous rentable/living area spanning approximately 15,400 square feet, the apartments vary in size from 728 to 1,110 square feet, providing a diverse range of living options to cater to various preferences. The building also boasts 22 parking spaces, ensuring convenience for residents. Moreover, this project is committed to fostering inclusivity by incorporating 1 Extremely Low-Income unit and 2 Very Low-Income units, contributing to the community's diverse housing needs. Embrace the prospect of investing in a development that not only exemplifies architectural excellence but also aligns with a vision of creating a socially responsible living space in one of Los Angeles' most dynamic neighborhoods.

Property Details
Price $2,100,000
Lot Size 50x150
Lot Size Area 7372
Lot Size Area Units Square Feet
Acres 0.1692
Property Type Land
Subdivision Norwood Terrace
View None
Geographic Data
Directions 4th and Kingsley, Please use Maps
County Los Angeles
Latitude 34.067363
Longitude -118.303248
Market Area C17 - Mid-Wilshire
Address Information
Address 355 S Kingsley Drive, Los Angeles, CA 90020
Postal Code 90020
City Los Angeles
State CA
Country United States
Listing Information
Listing Office Keller Williams Larchmont
Listing Agent Dae Young Hur
Buyer Agency Compensation 2.000
Buyer Agency Compensation Type %
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions Standard
MLS Information
Days on market 110
MLS Status Active
Listing Date Dec 16, 2023
Listing Last Modified Apr 17, 2024
Tax ID 5503007001
MLS Area C17 - Mid-Wilshire
MLS # 23340263

This information is believed to be accurate, but without any warranty.
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