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355 S Kingsley Dr, Los Angeles, CA 90020
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355 S Kingsley Dr Los Angeles, CA 90020

$2,100,000
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
For Sale
$2,100,000 Get Pre-Qualified
Map preview of 355 S Kingsley Dr, Los Angeles, CA 90020

Property Overview: 355 S Kingsley Dr Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 7,372 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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.

Listed by Dae Young Hur | BRE #01489175 | Keller Williams Larchmont
Last checked: 14 minutes ago | Last updated: April 17th, 2024 | Source CRMLS | DOM: 123
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Home details

Lot Sq. Ft
7,372
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Active
MLS#
23340263
City
Los Angeles
County
Los Angeles
Time on Site
138 days

Open Houses for 355 S Kingsley Dr

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Property Details for 355 S Kingsley Dr

Lot Details / Garage and Parking
Property Information
  • No View
  • View: None
  • Parcel Number: 5503007001
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Subdivision Name: Norwood Terrace
  • Directions: 4th and Kingsley, Please use Maps
View more facts & features

Local Los Angeles Agent

Sale History for 355 S Kingsley Dr

Last sold for $1,100,000 on August 28th, 2018

  • December, 2023

  • Dec 16, 2023

    Date

    Active

    CRMLS: 23340263

    $2,290,000

    Price

  • September, 2021

  • Sep 2, 2021

    Date

    Active Under Contract

    CRMLS: SR21175261

    $1,875,000

    Price

  • Aug 9, 2021

    Date

    Active

    CRMLS: SR21175261

    $1,875,000

    Price

  • Listing provided courtesy of CRMLS

    We are proud to present for sale the soon to be Ready-to-Issue 19 Unit non rent controlled development project in Koreatown. Gross Proforma Income of $530,912. Conveniently located near the Wilshire/Western Metro Subway Station, surrounded by Koreatown, Silver Lake, Hollywood and Downtown. The beautifully designed 5-story construction project is over a 1 level of basement parking garage. The development consists of seventeen 2 bedroom & 2 bathroom units and two 3 bedrooms & 2 bathroom units. The building will have a rentable/living area of around 15,400 SF and the apartments will range from 728 SF to 1,110 SF. The building will have 22 parking spaces. Also the project will have 1 Extremely Low Income unit and 2 Very Low Income units. Currently no structures on the lot. Located on the corner of 4th and Kingsley.

  • August, 2021

  • Aug 9, 2021

    Date

    Canceled

    CRMLS: SR21089509

    $1,850,000

    Price

  • Apr 28, 2021

    Date

    Active

    CRMLS: SR21089509

    $1,850,000

    Price

  • Listing provided courtesy of CRMLS

    We are proud to present for sale the soon to be Ready-to-Issue 19 Unit non rent controlled development project in Koreatown. Conveniently located near the Wilshire/Western Metro Subway Station, surrounded by Koreatown, Silver Lake, Hollywood and Downtown. The beautifully designed 5-story construction project is over a 1 level of basement parking garage. The development consists of seventeen 2 bedroom & 2 bathroom units and two 3 bedrooms & 2 bathroom units. The building will have a rentable/living area of around 15,400 SF and the apartments will range from 728 SF to 1,110 SF. The building will have 22 parking spaces. Also the project will have 1 Extremely Low Income unit and 2 Very Low Income units. Currently no structures on the lot. Located on the corner of 4th and Kingsley.

  • January, 2021

  • Jan 20, 2021

    Date

    Expired

    CRMLS: 20607254

    $2,100,000

    Price

  • Oct 15, 2020

    Date

    Price Change

    CRMLS: 20607254

    $2,100,000

    Price

  • Jul 21, 2020

    Date

    Active

    CRMLS: 20607254

    $2,300,000

    Price

  • Listing provided courtesy of CRMLS

    Amazing Opportunity to own 19 UNIT DEVELOPMENT PROJECT IN THE HEART OF KOREATOWN. The seller will deliver fully RTI at close of escrow and plans will be available upon request. This property had a zone change from R! to R4-2 and just a few months away from getting fully RTI. Hurry, this project will not last!!

  • August, 2018

  • Aug 29, 2018

    Date

    Sold

    CRMLS: 18357964

    $1,100,000

    Price

  • Jul 18, 2018

    Date

    Pending

    CRMLS: 18357964

    $1,250,000

    Price

  • Jun 22, 2018

    Date

    Active

    CRMLS: 18357964

    $1,250,000

    Price

  • Listing provided courtesy of CRMLS

    RARE TO FIND, FOR SALE LISTING IN THIS NEIGHBORHOOD IN MID-WILSHIRE. CORNER LOT HOUSE. LARGE FRONT YARD AND BACK YARD. 2 CAR PARKING GARAGE. TEAR DOWN AND REBUILD PROJECT OR FULLY REMODEL POSSIBILITY. This is a Fixer. Compare with 432 S. Serrano Ave. for $2,300,000 & 408 S. Oxford Ave. for $2,300,000.

  • August, 2018

  • Aug 28, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,100,000

    Price

  • June, 2018

  • Jun 20, 2018

    Date

    Canceled

    CRMLS: 18330020

    $1,290,000

    Price

  • Apr 5, 2018

    Date

    Active

    CRMLS: 18330020

    $1,290,000

    Price

  • Listing provided courtesy of CRMLS

    RARE TO FIND, FOR SALE LISTING IN THIS NEIGHBORHOOD IN MID-WILSHIRE. CORNER LOT HOUSE. LARGE FRONT YARD AND BACK YARD. 2 CAR PARKING GARAGE. TEAR DOWN AND REBUILD PROJECT OR FULLY REMODEL POSSIBILITY.

  • March, 2018

  • Mar 20, 2018

    Date

    Canceled

    CRMLS: DW18037494

    $1,125,000

    Price

  • Feb 27, 2018

    Date

    Price Change

    CRMLS: DW18037494

    $1,125,000

    Price

  • Feb 16, 2018

    Date

    Active

    CRMLS: DW18037494

    $1,199,000

    Price

  • Listing provided courtesy of CRMLS

    This property has major potential. Possible development opportunity for the seasoned investor ( please check with Los Angeles County Regional Planning Department). All information deemed reliable, but not guaranteed. Property can use some some rehab or may also be a tear down. Use your imagination and know how. DONT LET THIS OPPORTUNITY PASS YOU BY!!!!

  • August, 2015

  • Aug 28, 2015

    Date

    Sold (Public Records)

    Public Records

    $855,000

    Price

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Tax History for 355 S Kingsley Dr

Assessed Value (2020): $1,122,000
Year Land Value Improved Value Assessed Value
2020 $918,000 $204,000 $1,122,000

Home Value Compared to the Market

This property vs the competition

355 S Kingsley Dr is listed 71.43% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000.

About 355 S Kingsley Dr

Detailed summary of property

355 S Kingsley Dr is a land located in Los Angeles, CA 90020 and is currently for sale. This land offers -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 7,372 square foot lot. 355 S Kingsley Dr was first listed on ArdentRealEstateGroup.com on December 16, 2023. The homeowner is currently asking $2,100,000 and was originally asking $2,290,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 71.43% higher than the median priced home. Local competing homes currently for sale include 757 Cole Ave, 1449 N Bronson Ave and 425 N Lake St. While the average home in Los Angeles, CA is selling in 96 days, 355 S Kingsley Dr has a days on market of 123 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 355 S Kingsley Dr Los Angeles, CA 90020 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 355 S Kingsley Dr

Public county record property details
Beds
5
Baths
3
Year built
1922
Sq. Ft.
2,887
Lot Size
7,369
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
53
APN
5503-007-001

The source for these homes facts are from public records.

90020 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$800,000
Median List Price/Sq.Ft.
$658
Median Sold Price
$520,000
Median Sold Price/Sq.Ft.
$702
Total Inventory
48
Median Sale to List Price %
104%
Avg Days on Market
43
Loan Type
Conventional (36.36%), FHA (0%), VA (0%), Cash (9.09%), Other (18.18%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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