Los Angeles, CA 90006
$1,125,000
Mark Quesada
Broker / Owner
DRE #02101365
Prime Koreatown investment opportunity at 1139 S Kingsley Dr with the rare option to acquire the adjacent property at 1145 S Kingsley Dr, creating a combined lot size of approximately 11,800 SF. Zoned R3 with TOC Tier 2 incentives, this offering presents exceptional development and value-add potential in one of the most desirable rental markets in Los Angeles. Properties are situated in the heart of Koreatown, just walking distance to Olympic Blvd, and surrounded by major Korean markets, restaurants, cafes, and everyday amenities. This highly walkable location continues to drive strong tenant demand and long-term appreciation. Ideal for investors and developers seeking to maximize density through TOC incentives, reposition existing improvements, or pursue future redevelopment opportunities (buyer to verify zoning, density, and all development potential with the city). Opportunities like thistwo side-by-side parcels in a prime central Koreatown locationare extremely rare. Do not disturb tenants. Drive-by only. Interior inspection subject to accepted offer.
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$8,303/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.
Pick a day and time — Mark will confirm your private tour.
Construction
Lot & parking
Listed by John C. Pak, Christie's International Real Estate SoCal
MLS# 26859533 · Active
$775,000
Median sale price
44 days
Avg days on market
97.9% of list
Sells for
Closed sales in 90006 over the last 6 months, all home types.
Actual closed sales from the MLS — not estimates.
History reflects records reported to the MLS and may be incomplete.
