1156 N Kingsley Drive, Los Angeles, CA 90029

Los Angeles
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
1156 N Kingsley Drive,Los Angeles, CA 90029
$1,650,000
  • 0.18 Acres
  • Lots / Land
  • Active
Listed by: daniel shamooelian
Office: keller williams beverly hills310-432-6400
MLS#:25607383
Source:CRMLS

Price summary

  • Price:$1,650,000

About this home

PRICE REDUCED! Under $34,000 per unit!! 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...

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Home facts

  • Listing ID #:25607383
  • Added:205 day(s) ago
  • Updated:May 17, 2026 at 10:48 AM

Structure and exterior

  • Lot area:0.18 Acres

Finances and disclosures

  • Price:$1,650,000
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