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724 N Kingsley Dr

Los Angeles, CA 90029
  • $1,550,000
  • STATUS: Active
  • ON SITE: 16 Days
  • MLS #: 21-106351
UPDATED: 32 min ago
$1,550,000
  • 6
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,715
    SQFT
  • $571
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1912
County:
Area:

School Ratings & Info

Description

We are pleased to offer for sale this incredible development opportunity, located in the prestigious Hollywood submarket.The site offers a zoning ordinance of LARD-1.5, which allows for the construction of 5 units by right. With a Tier 2 TOC, this allows for the development of an additional 4 units, totaling a potential 9 buildable units.The property features a premier location, walking distance to numerous amenities and employment centers (Walk Score of 85) and within close proximity to some of the biggest names in the entertainment industry such as Netflix, Sunset Gower Studios, Paramount Studios, Viacom, and NBC Universal.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-05T12:42:28.333. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.searchdesertrealestate.com/homes/123385131
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724 N Kingsley Dr Los Angeles, CA 90029

  • Price: $1,550,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 32 min ago
  • MLS #: 21-106351
6
Beds
0
Baths
0
½ Baths
0.2
Acres
2,715
SQFT
$571
$/SQFT
1912
Built
Neighborhood:
Hollywood
County:
Los Angeles
Area:
Hollywood
Property Description
We are pleased to offer for sale this incredible development opportunity, located in the prestigious Hollywood submarket.The site offers a zoning ordinance of LARD-1.5, which allows for the construction of 5 units by right. With a Tier 2 TOC, this allows for the development of an additional 4 units, totaling a potential 9 buildable units.The property features a premier location, walking distance to numerous amenities and employment centers (Walk Score of 85) and within close proximity to some of the biggest names in the entertainment industry such as Netflix, Sunset Gower Studios, Paramount Studios, Viacom, and NBC Universal.
Exterior Features

Lot Size Area 8772 Other Structures Other Parking Garage Other Total Parking 6

Interior Features

Baths Total 2.00 Cooling Other Equipment Other Heating Other

Property Features

Assessed Total Value 980043 Gross Income 0 Gross Operating Income 0 Like Units1 1 Like Units2 1 Net Operating Income 0.00 Number Of Buildings 2 Number Of Units 2 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 0 Type Of Units Duplex Year Built Source Vendor Enhanced Zoning Lard1.5

Listing provided courtesy of Adam Shamooelian DRE# of Keller Williams Beverly Hills.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-12-05T12:42:28.333. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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The John Jay Group - Bennion Deville Homes
74996 Highway 111
Indian Wells CA, 92210