1156 N Kingsley Drive, Los Angeles, CA 90029

Local realty services provided by:ERA North Orange County Real Estate
1156 N Kingsley Drive,Los Angeles, CA 90029
$2,200,000
  • 0.18 Acres
  • Lots / Land
  • Active
Listed by:daniel shamooelian
Office:keller williams beverly hills
MLS#:25607383
Source:CRMLS

Price summary

  • Price:$2,200,000

About this home

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

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Home facts

  • Listing ID #:25607383
  • Added:9 day(s) ago
  • Updated:November 01, 2025 at 01:22 PM

Structure and exterior

  • Lot area:0.18 Acres

Finances and disclosures

  • Price:$2,200,000
Based on information from California Regional Multiple Listing Service, Inc. as of November 2, 2025 . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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