926 N Kingsley Dr, Los Angeles, CA 90029
- $1,050,000
- List Price
- $1,050,000
- MLS#
- 26857349
- Lot Size
- 8,683
- Days on Market
- 22
- Property Type
- Land
Property Description
Vacant development site located at 926 N Kingsley Dr, Los Angeles, California 90029, zoned R3-1XL. Situated in the highly sought-after East Hollywood neighborhood, the property consists of an approximately 8,684-square-foot (0.20-acre) corner lot and offers developers a rare opportunity to build in one of Los Angeles' most supply-constrained rental markets. The site is designated Transit Oriented Communities (TOC) Tier 2 and isED1 eligible, providing the potential to streamline project approvals while benefiting from meaningful development incentives. Zoned R3-1XL with a 60% Density Bonus increase, the property is designated Medium Residential under the Hollywood Community Plan, offering significant multifamily development potential. Offered with SELLER FINANCING available at only 30% down, 926 N Kingsley Drive presents investors and developers with a compelling opportunity to capitalize on one of Los Angeles' strongest multifamily development corridors while benefiting from flexible acquisition terms.
Additional Information
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Courtesy of Marcus & Millichap, Yana Vlady - CA DRE#02082859
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