1139 S Kingsley Drive #3
Los Angeles, CA 90006
5,902Sqft(Lot)
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
Property Details
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Map
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Features
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Lot Information
Main Square Feet: 5902 Lot Size Acres: 0.1355 Lot Size Square Feet: 5,902
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Listing Price Information
Listing Price: $1125000Original Price: $1250000
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Tax Information
Parcel Number: 5080026008
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Location Information
Direction: South of W. Olympic and North of W 12th Street
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 924 Park View Street S, Los Angeles, CA, 90006 | $6,500,000 | -- | -- | -- | 15,001 Sqft(Lot) |
| 1833 W Pico Boulevard, Los Angeles, CA, 90006 | $1,088,000 | -- | -- | -- | 6,247 Sqft(Lot) |
| 1250 S Lake Street, Los Angeles, CA, 90006 | $700,000 | -- | -- | -- | 8,699 Sqft(Lot) |
| 1041 Elden Avenue, Los Angeles, CA, 90006 | $2,200,000 | -- | -- | -- | 8,703 Sqft(Lot) |
| 1637 S Vermont Avenue, Los Angeles, CA, 90006 | $2,499,000 | -- | -- | -- | 12,754 Sqft(Lot) |
| 1511 S New Hampshire, Los Angeles, CA, 90006 | $1,170,000 | -- | -- | -- | 6,290 Sqft(Lot) |
| 1121 Irolo Street, Los Angeles, CA, 90006 | $999,000 | -- | -- | -- | 5,905 Sqft(Lot) |
| 1125 Irolo Street, Los Angeles, CA, 90006 | $1,099,000 | -- | -- | -- | 5,905 Sqft(Lot) |
| 1145 S Kingsley Drive, Los Angeles, CA, 90006 | $1,125,000 | -- | -- | -- | 5,902 Sqft(Lot) |
Similar Land To 1139 S Kingsley Drive #3
Nearby For Sale
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ByOwner last updated this listing 07/26/2026 @ 12:56
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