Los Angeles, CA 90029
$1,050,000

Mark Quesada
Broker / Owner
DRE #02101365
Vacant development site located at 926 N Kingsley Dr, Los Angeles, California 90029, zoned R3-1XL. Situated in the highly sought-after East Hollywood neighborhood, the property consists of an approximately 8,684-square-foot (0.20-acre) corner lot and offers developers a rare opportunity to build in one of Los Angeles' most supply-constrained rental markets. The site is designated Transit Oriented Communities (TOC) Tier 2 and isED1 eligible, providing the potential to streamline project approvals while benefiting from meaningful development incentives. Zoned R3-1XL with a 60% Density Bonus increase, the property is designated Medium Residential under the Hollywood Community Plan, offering significant multifamily development potential. Offered with SELLER FINANCING available at only 30% down, 926 N Kingsley Drive presents investors and developers with a compelling opportunity to capitalize on one of Los Angeles' strongest multifamily development corridors while benefiting from flexible acquisition terms.
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$7,749/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
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Construction
Lot & parking
$1,030,000
Median sale price
28 days
Avg days on market
99.8% of list
Sells for
Closed sales in 90029 over the last 6 months, all home types.
Listed by Yana Vlady, Marcus & Millichap
MLS# 26857349 · Under Contract
Actual closed sales from the MLS — not estimates.
History reflects records reported to the MLS and may be incomplete.