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Adjacent Residential Income Parcels
For Sale
$1,125,000

1145 S Kingsley Dr, Los Angeles, CA 90006

Two side-by-side income properties on Kingsley Dr offered with option to combine lots under R3/TOC Tier 2.

Property Size1,665 SF
Lot Size0.27 Acres
Days on Market89

Property Features for 1145 S Kingsley Dr

General Information

Standard status Active
Size 1,665 SF
Lot size 0.27 Acres
Property subtype MULTI_FAMILY
Zoning R3

Building Details

Building Size 1,665 SF
Year Built 1895
Listing Agency: Christie's International Real Estate SoCal
Listed By: John C. Pak · License #01898649
Source: Rochellemaize
Added: Jun 9 Changed: Aug 16 Last Checked: Sep 5 at 6:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Christie's International Real Estate SoCal

Investment Insights

Based on property information with market context.

The offering includes the residential income property at 1145 S Kingsley Dr, with the rare option to acquire the adjacent property at 1139 S Kingsley Dr. Taken together, the two parcels create a combined lot size of approximately 11,800 SF. The properties are located in an R3 zone with TOC Tier 2 incentives, and the seller notes the opportunity for development and value-add through repositioning existing improvements or pursuing redevelopment. Buyer is to verify zoning, density, and all development potential with the City.

Both properties are situated in the heart of Koreatown, described as walking distance to Olympic Blvd, and surrounded by Korean markets, restaurants, cafes, and everyday amenities.

For access, the offering is drive-by only, and tenants are not to be disturbed. Interior inspection is subject to an accepted offer.

Key Highlights

  • Two side‑by‑side income properties on S Kingsley Dr offered with an option to combine adjacent lots.
  • Option to acquire 1145 S Kingsley Dr and adjacent 1139 S Kingsley Dr for an approximately 11,800 SF combined lot.
  • Property year built: 1895.

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Tanning Salon (Bike/Boat/Book/etc) Store Buffet Veterinary Clinic Clothing & Fashion Store Supermarket

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,427
Businesses Nearby

Demographics for 90006, CA

58,229
Population
21,475
Households
2.7
Avg Household Size
36
Median Age
22%
College-Educated
63%
High-School Grad
1.9 sq mi
ZIP Area
30,647
Density / Sq Mi
$49,847
Median Household Income
$31,645
Median Earnings
$1,396
Median Rent
$841,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Two side-by-side income properties on Kingsley Dr offered with option to combine lots under R3/TOC Tier 2.
Where is this residential income property located?
The property is located at 1145 S Kingsley Dr Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,125,000.
What are key features of this property?
This property features: Two side‑by‑side income properties on S Kingsley Dr offered with an option to combine adjacent lots.; Option to acquire 1145 S Kingsley Dr and adjacent 1139 S Kingsley Dr for an approximately 11,800 SF combined lot.; Property year built: 1895.
More about this property
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