$1,125,000
 $6,039 est/mo Sourced by Back At You

1145 S Kingsley Drive,Los Angeles, CA 90006

Los Angeles, CA 90006

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Description

Prime Koreatown investment opportunity at 1145 S Kingsley Dr with the rare option to acquire the adjacent property at 1139 S Kingsley Dr, creating a combined lot size of approximately 11,800 SF. Zoned R3 with TOC Tier 2 incentives, this offering presents exceptional development and value-add potential in one of the most desirable rental markets in Los Angeles. Properties are situated in the heart of Koreatown, just walking distance to Olympic Blvd, and surrounded by major Korean markets, restaurants, cafes, and everyday amenities. This highly walkable location continues to drive strong tenant demand and long-term appreciation. Ideal for investors and developers seeking to maximize density through TOC incentives, reposition existing improvements, or pursue future redevelopment opportunities (buyer to verify zoning, density, and all development potential with the city). Opportunities like thistwo side-by-side parcels in a prime central Koreatown locationare extremely rare. Do not disturb tenants. Drive-by only. Interior inspection subject to accepted offer.

Details

MLS #26845511
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1895
Days On Site74
Listing Provided ByChristie's International Real Estate SoCal | John C. Pak

Features

Bed(s)3
Bath(s)2
SQ Feet1,665
Story(s)1
Units2
Building(s)2
ZoningLAR3
Acreage0.14

Parking

Parking FeaturesAssigned

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90006
AreaC17 Mid Wilshire
Listing VS Median (in 90006)
Price:
$1,125,000
low | high
Med:
$1,425,000
23.333333333333% of Average
sqft:
1,665
low | high
Med:
3,347
50.990990990991% of Average
$ / sqft:
$676
low | high
Med:
$460
81.935904046023% of Average
On site:
74
low | high
Med:
90.5
81.767955801105% of Average
Sourced by Back At You

Market Activity 90006

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Contact

Learn More About This Property

David Hong

David Hong

Coldwell Banker Commercial

02207128 (760) 617-8885david.hong@cbcinland.com
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90006
AreaC17 Mid Wilshire
Listing VS Median (in 90006)
Price:
$1,125,000
low | high
Med:
$1,425,000
23.333333333333% of Average
sqft:
1,665
low | high
Med:
3,347
50.990990990991% of Average
$ / sqft:
$676
low | high
Med:
$460
81.935904046023% of Average
On site:
74
low | high
Med:
90.5
81.767955801105% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $843K - $1.46M
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
1028 S Serrano Avenue Property Photo 1
$999,000
1028 S Serrano Avenue
Los Angeles, CA 90006
Listing Updated: August 22, 2026 at 12:16:32 AM PDT