328 N Kingsley Drive

328 N Kingsley Drive Los Angeles CA

$4,890,000

Sanctuary on Kingsley is a development opportunity in LA's thriving Koreatown submarket. Located at 328 N. Kingsley Drive, the parcel of land is roughly 28,370 square feet and zoned R3-1. While the current improvements on the property are 20 apartment units, a developer will have the opportunity to build up to 48 Class A units (44 market-rate units and four very-low income units). The floor to area ratio is 3:1, and the height restriction is 45 feet.The location is ideal for either market-rate or affordable housing project. Construction of a Class A apartment building is justified with anticipated pro-forma rents of $3.00+ per square foot. The developer of this property will participate in the growth of a submarket which has transformed into one of the most desirable places for urban living. Koreatown is drawing millennials seeking a hip urban lifestyle due to its walkability, trendy hotels and restaurants and access to public transportation. Schedule a Private Showing

Listing courtesy of CARETS / Iconic Investments
Tour this property with Estately

328 N Kingsley Drive

Or Call Us 1-800-241-3327

Customer endorsement

Requested late on Saturday, saw houses on Sunday. Can’t beat it!

– Alex, Estately Client

Never miss new listings

Never miss new listings

Be the first to know about new listings between $3,000,000 – the sky in this neighborhood

Estately will never spam you or sell your details. You can unsubscribe whenever you'd like.

Property details for 328 N Kingsley Drive

Last updated Apr 25, 2017 1:41 AM
Last changed about 1 month ago

Financial & Terms

Special Conditions: Standard Sale

Terms of Sale: Cash To Existing Loan

Legal Disclosures: Take Property As Is, No Property Assessments, CommissionToBuyerAgent

Listing Agreement: Exclusive Right To Sell/Lease

Price Per SqFt: $172.36


Location

Cross Street: KINGSLEY DRIVE AND BEVERLY BLVD


The Property

Lot Size: Sqft

Lot Size: 28,371 Sqft

Lot Size Source: Public Records

View: Yes

Views: Any View


Taxes

Parcel Number: 5521033014


The Listing

Original List Price: $4,890,000


Utilities

Water: In Street

Gas: In Street

Electric: In Street


The Community

HOA: No

Tour this property with Estately
Go see 328 N Kingsley Drive
Or Call Toll Free 1-800-241-3327
We guarantee that we'll never spam you.

What it's like to live at 328 N Kingsley Drive

Transit

Provided by local transit authorities.

  •   N/A
  •   N/A

WalkScore™

Provided by WalkScore™ Inc.

82

Very Walkable

Soundscore™

Provided by HowLoud

65

Busy

Busy Active Calm

Internet Speed

Provided by BroadbandNow®

300 Mbps

About internet speed

Time Warner Cable

View a full report

Sale history for 328 N Kingsley Drive

Date Event Price % Change
Mar 20, 2017 Listed / Active $4,890,000

Schools near 328 N Kingsley Drive

5

Harvard Elementary School

Public K-5

5

Virgil Junior High School

Public 6-8

7

Fairfax Senior High School

Public 9-12

5

Harvard Elementary School

Public K-5

2

Alexandria Avenue Elementary School

Public K-5

7

Cahuenga Elementary School

Public K-5

7

Charles H Kim Elementary School

Public K-5

N/A

St Brendan Catholic School

Private K-8

2

Frank Del Olmo Elementary School

Public K-6

N/A

Virgil Medical And Health Science Magnet Middle School

Public K-K

7

Van Ness Avenue Elementary School

Public K-5

5

Virgil Junior High School

Public 6-8

N/A

St Brendan Catholic School

Private K-8

2

Frank Del Olmo Elementary School

Public K-6

7

Fairfax Senior High School

Public 9-12

N/A

St Brendan Catholic School

Private K-8

* GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org


The details on 328 N Kingsley Drive: This land located in Central LA, Los Angeles, CA 90004 is currently for sale for $4,890,000. 328 N Kingsley Drive is a – square foot land with – beds and – baths that has been on Estately for 36 days. 328 N Kingsley Drive is in the Central LA neighborhood of Los Angeles and has a WalkScore™ of 82, making it very walkable. This land is in the attendance area of Harvard Elementary School, Virgil Junior High School, and Fairfax Senior High School.

Listing courtesy of CARETS, Iconic Investments, and Peter Strauss.

The information being provided by CARETS is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing.

Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the CARETS MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

The data contained herein is copyrighted by CARETS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

If a listing displays "Short Sale/Subject to Lender Approval", then that listing has been identified by the seller and the listing broker as a "short sale". This means that, at the listed price, the proceeds from the sale may not be adequate to pay all liens and costs of sale. Any offer made that does not fully cover the existing amount(s) owed to the lien holders(s) plus the costs of sale could be subject to lien holder approval, which approval may be exercised at the sole and exclusive discretion of the lien holder(s).

Kevin Boer - CA BRE# 01842161

Copyright © 2017 Estately, Inc. Data displayed here has not been verified by Estately.