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942 N Kingsley Dr Los Angeles, CA 90029

For Sale
$1,280,000

Large lot in East Hollywood for development.

Lot size:
0.21 Acres

Property Features for 942 N Kingsley Dr

General Information

Lot size
0.21 Acres

Building Details

Year built
1940

Source: Keller Williams Realty Los Feliz

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

East Hollywood Development Opportunity

This property presents a development opportunity on a large 9,035 sq. ft. lot in East Hollywood, situated on a quiet street. The property is near Melrose Hills, Los Feliz, Silver Lake, Larchmont Village, and Koreatown. Its location offers proximity to the Hollywood Walk of Fame, the Observatory, Pantages Theatre, and various restaurants. The Vermont/Santa Monica Metro station is less than a mile away. The lot is zoned R3-1XL TOC 2, offering options to build 11 units by right, with potential for more units using TOC bonuses, or up to 8 ADUs. An ED1 project could allow for up to 40 units. The layout is also suitable for a small lot condo project, potentially clearing SB8 to avoid affordable housing requirements. The property is owner-occupied and will be delivered vacant. Intended use is for development.
Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Los Angeles
County
Los Angeles
State
California
Longitude
-118.30312
Latitude
34.08747

FAQs

What type of property is this?
Quadplex - Large lot in East Hollywood for development.
Where is this quadplex located?
The property is located at 942 N Kingsley Dr Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,280,000.
What are key features of this property?
This property features: - Large 9,035 sq. ft. lot with development potential.; - R3-1XL TOC 2 zoning allows for multiple development options.; - Option to build up to 11 units by right, with potential for more via TOC bonuses, or up to 40 units with ED1 project.
More about this property
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