This is a great opportunity to develop on a large lot in East Hollywood on a quiet street. Owner occupied and will be delivered vacant. The lot is near Melrose Hills, Los Feliz, Silver Lake, Larchmont Village, and Koreatown. Nearby spots such as the Hollywood Walk of Fame, the Observatory, Pantages Theatre, and many great restaurants. Less than a mile away from Vermont/Santa Monica Metro station. Many options are possible on this 9,035 sq. ft. lot (R3-1XL TOC 2 zoning). By right, there is an option to build 11 units with more units with TOC bonuses or to build up to 8 ADUs as well. Another available option is creating an ED1 project with the possibility of up to 40 units. Also, this great layout for a small lot project to build condos as well.
Property Details
Property Features
Property Information:
Year Built: 1940
Stories: 2
Listing Office:
Office Name: LANDMARK LENDING REALTY
Office Phone: (626) 246-8680
Listing Agent: EDMOND WU
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Garage Space: 4 spaces
Lot Features
Lot Information:
Lot Size: 0.21 Acres
Other
Directions Information:
Directions: Nearest cross street Romaine. Nearest major cross street is Santa Monica.
Price Information
Listing Price Info
Price Summary:
List Price: $1,375,000
Tax Information:
Annual Amount: $2,667
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $351.5K 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: #WS24234286
Listing Office:
Office Name: LANDMARK LENDING REALTY
Office Phone: (626) 246-8680
Listing Agent: EDMOND WU
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: 11/21/2024, 10:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$2,667
$192,038
2020
$2,594
$190,070
2019
$2,467
$186,344
2018
$2,416
$182,691
2017
$2,416
$179,110
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 school0.29 miles
Public District Grades KG-5
3
/10
Ramona Elementary
1133 N Mariposa Ave
Distance between this listing and this school0.34 miles
Public District Grades KG-6
7
/10
Santa Monica Boulevard Community Charter
1022 N Van Ness Ave
Distance between this listing and this school0.71 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 school0.97 miles
Public District Grades 6-8
5
/10
Virgil Middle School
152 N Vermont Ave
Distance between this listing and this school1.16 miles
Public District Grades 6-8
6
/10
Thomas Starr King Middle School
4201 Fountain Ave
Distance between this listing and this school1.40 miles
Public Magnet Grades 6-8
Nearby Schools
2
/10
Helen Bernstein High School
1309 N Wilton Pl
Distance between this listing and this school0.85 miles
Public District Grades 9-12
7
/10
STEM Academy of Hollywood
1309 N Wilton Pl
Distance between this listing and this school0.85 miles
Public District Grades 9-12
3
/10
Apex Academy
1309 N Wilton Pl Fl 3
Distance between this listing and this school0.85 miles
The neighbors living near this home have an average income of $38,357. The most common annual income of people living in Los Angeles, CA is between $35k-100k. The majority of families are single, no kids. Most residents in this area have high school diploma education.
This home is located at 942 N Kingsley Dr in Los Angeles, CA and zip code 90029 in the Central LA neighborhood. This home, which was built in 1940, sits on a 0.21 acre lot. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $1,375,000.
Over 598 listings were sold over their listed price in October 2024 in Los Angeles, CA. In the same period over 753 listings were sold below the listed price and 191 listings were sold for the listed price. The number of listings in Los Angeles, CA increased by 11.2% between September 2024 and October 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.