942 North Kingsley Drive new

Los Angeles,CA 90029

$ 1375000

- Bed

0 Bath

2622 SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,622 sqft

Price per Sqft $524

MLS Listing ID WS-24234286

Year Built 1940

Lot Size 9,035 Sqft

Property Description

This is a great opportunity to develop on a large lot in East Hollywood on a quiet street. Owner occupied and will be delivered vacant. Do not distrub. The lot is near Melrose Hills, Los Feliz, Silver Lake, Larchmont Village, and Koreatown. Nearby spots such as the Hollywood Walk of Fame, the Observatory, Pantages Theatre, and many great restaurants. Less than a mile away from Vermont/Santa Monica Metro station. Many options are possible on this 9,035 sq. ft. lot (R3-1XL TOC 2 zoning). Based on zoning by right, there is an option to build 11 units with more units with TOC bonuses or to build up to 8 ADUs as well. Another available option is creating an ED1 project with the possibility of up to 40 units. Also, this great layout for a small lot project to build condos as well since it will clear SB8 to avoid affordable housing requirements for small lot condos. Buyer responsible for verification of all zoning and building details.

Location

State CA

County Los Angeles

Zoning LAR3

Interior

Laundry None

Exterior

Garage Gated

Garage Spaces 4.0

Pool None

Community Features Sidewalks

Building

Lot Description Tear Down

Sewer Public Sewer

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