We are pleased to present an excellent development opportunity near Santa Monica Blvd and Normandie Ave in East Hollywood! The existing structure on the lot consists of a fixer 6 unit building of which 4 UNITS WILL BE DELIVERED VACANT! Boasting a lot size of +/- 7,895 sq. ft., zoning of LARD1.5, and Tier 3 TOC designation, the potential possibilities for this property are endless! Buyer may be able to do affordable housing (ED-1) project on this lot! Buyer to investigate. The buyer can also reap tax benefits as the property is in an Opportunity Zone! There are 4 detached garages in the back lot, which can also be converted to one or more ADUs to generate additional rental income. Given the building's central location in the bustling rental Hollywood rental market and close to Virgil Village, Melrose Hill, and the numerous establishments across Santa Monica Blvd., this is a value-add investment not to be missed!
Property Details
Property Features
Listing Office:
Office Name: Keller Williams Realty Calabasas
Office Phone: (818) 915-9118
Listing Agent: Anie Mayelian
Exterior Features
Exterior Information:
View: None
Lot Features
Lot Information:
Lot Size: 0.18 Acres
Other
Directions Information:
Directions: Santa Monica Blvd & Kingsley Dr
Price Information
Listing Price Info
Price Summary:
List Price: $1,299,999
Tax Information:
Annual Amount: $4,171
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $276.5K more than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #SR24182318
Listing Office:
Office Name: Keller Williams Realty Calabasas
Office Phone: (818) 915-9118
Listing Agent: Anie Mayelian
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/22/2024, 11:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jun 20, 1994
Jun 20, 1994Home Sold
$180,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$4,171
$282,613
2020
$4,065
$279,717
2019
$3,886
$274,233
2018
$3,643
$268,857
2017
$3,643
$263,587
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Kingsley Elementary School
5200 Virginia Ave
Distance between this listing and this school0.05 miles
Public District Grades KG-5
3
/10
Ramona Elementary
1133 N Mariposa Ave
Distance between this listing and this school0.14 miles
Public District Grades KG-6
7
/10
Santa Monica Boulevard Community Charter
1022 N Van Ness Ave
Distance between this listing and this school0.77 miles
Public Charter Grades KG-6
Nearby Schools
4
/10
Joseph Le Conte Middle School
1316 N Bronson Ave
Distance between this listing and this school0.91 miles
Public District Grades 6-8
6
/10
Thomas Starr King Middle School
4201 Fountain Ave
Distance between this listing and this school1.25 miles
Public Magnet Grades 6-8
5
/10
Virgil Middle School
152 N Vermont Ave
Distance between this listing and this school1.39 miles
Public District Grades 6-8
Nearby Schools
2
/10
Helen Bernstein High School
1309 N Wilton Pl
Distance between this listing and this school0.73 miles
Public District Grades 9-12
7
/10
STEM Academy of Hollywood
1309 N Wilton Pl
Distance between this listing and this school0.73 miles
Public District Grades 9-12
3
/10
Apex Academy
1309 N Wilton Pl Fl 3
Distance between this listing and this school0.73 miles
The neighbors living near this home have an average income of $39,932. Residents of Los Angeles, CA typically earn between $35k-100k each year. Most families are single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1150 N Kingsley Dr
What is the listing price of this property?
The listing price of 1150 N Kingsley Dr property is $1,299,999.
What type of property is this?
The property 1150 N Kingsley Dr is land located in Los Angeles, California, 90029.
Is this property for sale now?
Active Listing: 1150 N Kingsley Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $4,171 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 20, 1994 for $180,000. (source: MLS/tax record).
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This home is located at 1150 N Kingsley Dr in Los Angeles, CA and zip code 90029 in the Central LA neighborhood. This home sits on a 0.18 acre lot. It has been listed on Rocket Homes since September 04, 2024 and is currently priced at $1,299,999.
Los Angeles, CA housing market in October 2024 saw over 598 listings sold above listed price, more than 191 sold at listed price and over 753 sold below. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 2024. In October 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,023,474.
From Rocket Homes Real Estate and based on county public records data.