926 N Kingsley Dr - Residential LAND FOR SALE


Los Angeles, CA 90029- East Hollywood9,017 SF
$1,050,000 USD
310-909-5439
926 N Kingsley Dr, Los Angeles, CA for Sale
$1,050,000 USD
Residential LAND - FOR SALE
1/2
9,017 SF

926 N Kingsley Dr
Los Angeles, CA 90029
East Hollywood


HIGHLIGHTS

  • Seller Financing Available
  • Excellent Transit Connectivity
  • Surrounded by Major Medical Employers
  • Prime Vacant Corner Development Site
  • Adjacent to Los Angeles City College
  • Located Within a Transforming Growth Corridor

OVERVIEW

Marcus & Millichap is pleased to present the opportunity to acquire a vacant development site located at 926 N Kingsley Dr, Los Angeles, California 90029, zoned R3-1XL. Situated in the highly sought-after East Hollywood neighborhood, the property consists of an approximately 8,684-square-foot (0.20-acre) corner lot and offers developers a rare opportunity to build in one of Los Angeles' most supply-constrained rental markets. The site is designated Transit Oriented Communities (TOC) Tier 2 and is ED1 eligible, providing the potential to streamline project approvals while benefiting from meaningful development incentives. Zoned R3-1XL with a 60% Density Bonus increase, the property is designated Medium Residential under the Hollywood Community Plan, offering significant multifamily development potential. Unlike many infill opportunities throughout Los Angeles, the property is delivered entirely vacant, eliminating costly tenant relocation obligations and demolition expenses while allowing a developer to immediately pursue entitlements and construction. Ideally positioned adjacent to Los Angeles City College and within minutes of major healthcare institutions including Kaiser Permanente Los Angeles Medical Center, Children's Hospital Los Angeles, Hollywood Presbyterian Medical Center, and Southern California Hospital at Hollywood, the property benefits from a deep and diverse tenant base supported by higher education, healthcare, and entertainment employment centers. The location also provides exceptional connectivity with convenient access to the 101 Freeway and is centrally located near Silver Lake, Los Feliz, Koreatown, and Hollywood. Residents will enjoy walkable access to an abundance of restaurants, cafés, retail destinations, nightlife, and public transportation, making the property an attractive destination for future renters. Offered with seller financing available at only 30% down, 926 N Kingsley Drive presents investors and developers with a compelling opportunity to capitalize on one of Los Angeles' strongest multifamily development corridors while benefiting from flexible acquisition terms.

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/ACRE

$5,072,464/AC

PRICE/SF

$116 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Unentitled Vacant Land

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family

LAND ACRES

0.21 AC

LAND SF

9,017 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

R3-1XL

APN/PARCEL ID

5537-024-021

ASK ABOUT THIS PROPERTY

Yana VladyMarcus & MillichapMore Info
310-909-5439

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Yana VladyMarcus & MillichapMore Info
310-909-5439

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.