1156 N Kingsley Drive, Los Angeles, CA 90029
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
1156 N Kingsley Drive,Los Angeles, CA 90029
$1,650,000
- 0.18 Acres
- Lots / Land
- Active
Listed by: daniel shamooelian
Office: keller williams beverly hills
MLS#:CL25607383
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$1,650,000
About this home
PRICE REDUCED! Under $34,000 per unit!! KW Commercial is proud to present for sale a Ready-to-Issue (RTI) 49-unit, 100% affordable housing ED 1 development opportunity in the heart of Hollywood! Situated on a 7,895 SF lot, this five-story project has been thoughtfully designed for maximum efficiency, featuring 48 one-bedroom units and 1 studio for a total of approximately 21,753 rentable square feet. Perfectly positioned less than a mile from the Vermont/Santa Monica Metro Red Line Station and close to premier shopping, dining, and transit options, this location earns a Walk Score of 92 ("Walker's Paradise"). Affordability is at the core of this development, with: 10 units reserved for moderate-income households (110% AMI or below), 38 units reserved for low-income households (80% AMI or below), and 1 market-rate manager's unit. Applicable rent schedules include HCD Schedule VI (for very low and moderate-income units) and TCAC Schedule IX (for low-income units). The site's affordability mix may also appeal to Section 8 voucher tenants, potentially increasing income by up to 20% per unit. Designed with zero parking spaces, this project minimizes construction costs and streamlines development. The vacant lot offers a clear path to construction no tenant relocation or demolition req...
Contact an agent
Home facts
- Listing ID #:CL25607383
- Added:200 day(s) ago
- Updated:May 13, 2026 at 02:33 PM
Structure and exterior
- Lot area:0.18 Acres
- Architectural Style:Unimproved Land
Finances and disclosures
- Price:$1,650,000
New listings near 1156 N Kingsley Drive
- Open Sat, 12 to 2pmNew
$1,595,000Active4 beds 3 baths2,228 sq. ft.11776 Laurelcrest Drive, Studio City, CA 91604
MLS# 26833217Listed by: COASTLINE 840 - New
$629,900Active2 beds 2 baths760 sq. ft.616 E 135th, Los Angeles, CA 90059
MLS# TR26103125Listed by: FURSTENBERG REALTY - New
$3,089,000Active4 beds 5 baths3,397 sq. ft.17228 Benner Place, Encino (los Angeles), CA 91316
MLS# CL26829577Listed by: BEVERLY & COMPANY LUXURY PROPERTIES - New
$699,000Active2 beds 1 baths1,216 sq. ft.8228 Wentworth Street, Sunland, CA 91040
MLS# GD26103026Listed by: FABIOLA PATRON-COVIAN - New
$1,025,000Active6 beds 3 baths119 E Avenue 36, Los Angeles, CA 90031
MLS# P1-27115Listed by: AVIDA & ASSOCIATES - New
$1,395,000Active4 beds 2 baths1,739 sq. ft.3786 Latrobe Street, Los Angeles, CA 90031
MLS# P1-27123Listed by: COMPASS - New
$1,480,000Active2 beds 2 baths1625 Lomita, Harbor City, CA 90710
MLS# SB26101504Listed by: LYON STAHL INVESTMENT REAL ESTATE, INC. - New
$985,000Active4 beds 3 baths2,116 sq. ft.11612 Amsterdam, Sylmar, CA 91342
MLS# CV26102518Listed by: HOMEQUEST REAL ESTATE - New
$750,000Active2 beds 2 baths1,269 sq. ft.15108 Blackhawk Street, Los Angeles, CA 91345
MLS# P1-27118Listed by: RE/MAX TRI-CITY REALTY - Open Sat, 1 to 4pmNew
$699,000Active2 beds 1 baths832 sq. ft.2691 S Cabrillo, San Pedro, CA 90731
MLS# SB26103240Listed by: ENGEL & VOLKERS LA SOUTH BAY