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19-Unit Apartment Development Opportunity

355 S Kingsley Dr Los Angeles, CA 90020

355 S Kingsley Dr, Los Angeles, CA, 90020
Contact for pricing
For Sale
Contact for pricing
Pending

New 5-story development with 19 units, basement parking, and a unit mix of 2- and 3-bedroom layouts.

Property Size15,400 SF
Days on Market102

Property Features for 355 S Kingsley Dr

General Information

Standard status
Pending
Size
15,400 SF
Property subtype
Retail
Listing agency KW Commercial Calabasas
Listed by Anie Mayelian · License #CA 00778825
Source Crexi
Added: Apr 11 Updated: Jul 21 at 4:26AM Checked: Jul 21 at 4:26AM

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 KW Commercial Calabasas


Investment Insights

Based on property information with market context.

This is a for-sale, ready-to-issue development project for a 19-unit multifamily building with no existing structures on the lot. The planned five-story construction includes one level of basement parking and will provide 22 parking spaces. The unit mix includes seventeen 2-bedroom, 2-bath apartments and two 3-bedroom, 2-bath units. The project is described as having approximately 15,400 rentable living area, with apartment sizes ranging from 728 SF to 1,110 SF.

The property is located on the corner of 4th and Kingsley and is described as conveniently near the Wilshire/Western Metro Subway Station, with surrounding access to the Koreatown, Silver Lake, Hollywood, and Downtown areas. The project also includes income-restricted components, with one Extremely Low Income unit and two Very Low Income units.

Key Highlights

  • 19‑unit, 5‑story non rent controlled development project on the corner of 4th and Kingsley
  • Unit mix includes seventeen 2 bed/2 bath units and two 3 bed/2 bath units
  • Planned rentable/living area of approximately 15,400 SF; unit sizes range from 728 SF to 1,110 SF

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Carpet & Flooring Store Veterinary Clinic Tanning Salon Buffet (Bike/Boat/Book/etc) Store Electrical Service Restaurant Pet Store Restaurant Storage Facility

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - New 5-story development with 19 units, basement parking, and a unit mix of 2- and 3-bedroom layouts.
Where is this apartment building located?
The property is located at 355 S Kingsley Dr Los Angeles, CA.
What are key features of this property?
This property features: 19‑unit, 5‑story non rent controlled development project on the corner of 4th and Kingsley; Unit mix includes seventeen 2 bed/2 bath units and two 3 bed/2 bath units; Planned rentable/living area of approximately 15,400 SF; unit sizes range from 728 SF to 1,110 SF
Contact an agent
(818) 915-9118 Call to check price and availability
More about this property
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