355 S Kingsley Dr, Los Angeles, CA 90020 - View 1
355 S Kingsley Dr, Los Angeles, CA 90020 - View 2
355 S Kingsley Dr, Los Angeles, CA 90020 - View 3
355 S Kingsley Dr, Los Angeles, CA 90020 - View 4
355 S Kingsley Dr, Los Angeles, CA 90020 - View 5
355 S Kingsley Dr, Los Angeles, CA 90020 - View 6
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355 S Kingsley Dr, Los Angeles, CA 90020

Sale Price: $1,760,000
Dec 16, 20232,887 sqft5 beds0 baths
Listed by: Dae Young Hur
License #: 01489175
Phone #: 213-700-0096
Keller Williams Larchmont
Source:
CRMLS Logo
MLS #: 23340263

Property Description

Introducing an exceptional opportunity, RTI, Ready-to-Issue 19-Unit non-rent-controlled development in the heart of Koreatown. Strategically positioned in close proximity to the Wilshire/Western Metro Subway Station, this development is surrounded by the vibrant neighborhoods of Koreatown, Silver Lake, Hollywood, and Downtown. This exquisitely designed 5-story construction project, inclusive of a one-level basement parking garage, is a testament to thoughtful planning and contemporary aesthetics. Comprising seventeen 2-bedroom & 2-bathroom units and two 3-bedroom & 2-bathroom units, the development offers a harmonious blend of functionality and sophistication. With a generous rentable/living area spanning approximately 15,400 square feet, the apartments vary in size from 728 to 1,110 square feet, providing a diverse range of living options to cater to various preferences. The building also boasts 22 parking spaces, ensuring convenience for residents. Moreover, this project is committed to fostering inclusivity by incorporating 1 Extremely Low-Income unit and 2 Very Low-Income units, contributing to the community's diverse housing needs. Embrace the prospect of investing in a development that not only exemplifies architectural excellence but also aligns with a vision of creating a socially responsible living space in one of Los Angeles' most dynamic neighborhoods.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$29,463

TurboHome Estimated Value

$1,907,100

$661 sqft

High Valuation
$2,002,455
$694/sqft
Normal Valuation
$1,907,100
$661/sqft
Low Valuation
$1,811,745
$628/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$661/sqft$1,907,100

Neighborhood: Mid Wilshire

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Comparative Value

$1.27M

$1.76M

$1.85M

146 N Berendo St, Los Angeles, CA 90004

Sale Price: $1,275,000

Selected Comparable

1019 S Citrus Ave, Los Angeles, CA 90019

Sale Price: $1,290,000

Selected Comparable

355 S Kingsley Dr, Los Angeles, CA 90020

Sale Price: $1,760,000

Selected Comparable

355 S Kingsley Dr, Los Angeles, CA 90020

List Price: $1,850,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
355 S Kingsley Dr, Los Angeles, CA 90020

355 S Kingsley Dr, Los Angeles, CA 90020

List: $1,850,000

Listed: 12/16/2023

Area:2,887 sqft
Price/sqft:$641
Beds:5
Baths:
Year Built:
Lot Size:7,369

Comparable Properties

COMPARABLE
Choose comps
355 S Kingsley Dr, Los Angeles, CA 90020

355 S Kingsley Dr, Los Angeles, CA 90020

Sale: $1,760,000

6/17/20250.00 mi

Area:2,887 sqft
Price/sqft:$610
Beds:5
Baths:
Year Built:
Weight:40.6%
146 N Berendo St, Los Angeles, CA 90004

146 N Berendo St, Los Angeles, CA 90004

Sale: $1,275,000

5/26/20250.71 mi

Area:2,705 sqft
Price/sqft:$471
Beds:5
Baths:
Year Built:
Weight:35.7%
1019 S Citrus Ave, Los Angeles, CA 90019

1019 S Citrus Ave, Los Angeles, CA 90019

Sale: $1,290,000

2/20/20252.33 mi

Area:2,524 sqft
Price/sqft:$511
Beds:4
Baths:
Year Built:
Weight:23.7%

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