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Quadplex With Development Potential
For Sale
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Pending

950 N Kingsley Dr., Los Angeles, CA 90023

Four-unit property with a vacant front unit and R3-1XL zoning supporting additional development capacity.

Property SizeContact for details
Lot Size0.17 Acres
Days on Market148

Property Features for 950 N Kingsley Dr.

General Information

Standard status Pending
Lot size 0.17 Acres
Property subtype Multifamily
Zoning R3-1XL

Additional Details

Highway Access Yes
Multifamily Units 4
Listing Agency: KW Commercial Hollywood Hills
Listed By: Edmond Bina · License #CA 01925370
Source: Crexi
Added: Apr 10 Changed: Aug 30 Last Checked: Sep 1 at 11:19PM

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 Hollywood Hills

Investment Insights

Based on property information with market context.

This four-unit residential property includes a front owner’s unit that will be delivered vacant. The unit has not been updated, creating a renovation opportunity, while the existing configuration provides an established multifamily format. The property occupies a 7,588-square-foot lot and is zoned R3-1XL.

Under the stated zoning parameters, the site allows 9 units by right, a 3:1 FAR, and development up to 2 stories or 30 feet. A Tier 2 TOC Bonus may provide a 60% unit count increase, a 45% FAR increase, and a height bonus of 1 story up to 11 feet.

The property is in East Hollywood, just north of Santa Monica Blvd. Nearby employment and entertainment destinations identified include Kaiser Permanente, Netflix, Bronson Studios, and Paramount Studios. The 101 freeway provides access toward Downtown Los Angeles and the Valley.

Key Highlights

  • Four‑unit residential property with the front owner’s unit delivered vacant
  • 7,588‑square‑foot lot zoned R3‑1XL
  • Zoning allows 9 units by right, 3:1 FAR, and 2 stories or 30 feet

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Veterinary Clinic Tanning Salon (Bike/Boat/Book/etc) Store Buffet Carpet & Flooring Store Restaurant

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

Lease Details

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

6,395
Businesses Nearby

Demographics for 90023, CA

45,939
Population
12,319
Households
3.7
Avg Household Size
32
Median Age
10%
College-Educated
53%
High-School Grad
4.3 sq mi
ZIP Area
10,683
Density / Sq Mi
$56,623
Median Household Income
$30,967
Median Earnings
$1,414
Median Rent
$617,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit property with a vacant front unit and R3-1XL zoning supporting additional development capacity.
Where is this quadplex located?
The property is located at 950 N Kingsley Dr. Los Angeles, CA.
What are key features of this property?
This property features: Four‑unit residential property with the front owner’s unit delivered vacant; 7,588‑square‑foot lot zoned R3‑1XL; Zoning allows 9 units by right, 3:1 FAR, and 2 stories or 30 feet
(310) 880-8182 Call to check price and availability
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