Domingo Garcia - CR Solutions
    Dominick
    (661) 513-3929Dominick.CRSolutions@gmail.com
    • Interested in Financing?
    • Projects
      • Completed Projects
      • Upcoming Projects
    • Land For Sale
      • Arizona
      • California
      • Florida
    • Sell Your Land
    • How it Works
    • Dominick(661) 513-3929
      Dominick.CRSolutions@gmail.com
      Copy Email
    • P.O. Box 802816
      Santa Clarita, CA 91380

    Explore

    • Property Search
    • Sell Your Land
    • Interested in Financing?
    • Land For Sale

    About

    • How It Works
    • Contact Us
    • Testimonials
    • Home
    Domingo Garcia - CR Solutions - Footer Logo
    • Notice of Exclusive Property Listing
    • Notice of Exclusive Property Listing
    • Privacy
    • Terms
    • DMCA
    • Accessibility
    • Fair Housing
    © 2025 Keller Williams VIP. All rights reserved.
    Website built by CloseHack.
    California Regional Multiple Listing Service

    The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

    Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced 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. Properties may or may not be listed by the office/agent presenting the information

    $1,850,000
    For Sale

    1156 Kingsley Drive

    Los Angeles, CA 90029
    0.18 acres | #25607383
    • Save
    • Contact
    • Share
    • Price Change Alerts
    Listing OfficeKeller Williams Beverly Hills
    16 photos
    Type:Purchase
    Structure:Land
    Zone:Residential

    Description

    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 voucher tenants, potentially increasing income by up to 20% per unit. Designed with zero parking spaces, this project minimizes construction costs and streamlines development. The vacant lot offers a clear path to construction no tenant relocation or demolition required, allowing you to build immediately. Located within a Qualified Opportunity Zone, investors may benefit from additional tax incentives (buyer to verify). Don't miss this rare opportunity to build a brand-new, fully affordable multifamily community in one of Los Angeles' most dynamic neighborhoods, all at an exceptional value of just $37,000/unit!! Contact the listing agent for additional details and a complete set of approved plans.

    • Property Details
        • CountyLos Angeles
        • Original List Price$2,200,000
        • Property TypePurchase
        • MLS #25607383
        • MLS #25607383
        • Cost1850000
        • Acres0.1813
        • Property SubtypeLand

    Location

    Legal

    The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

    Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced 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. Properties may or may not be listed by the office/agent presenting the information

    Last Updated: Yesterday at 9:22 PM. Source: CRMLS

    Provided By
    Listing Agent: Daniel Shamooelian (#CLW-C126012)
    Listing Office: Keller Williams Beverly Hills (#CLW-X74054)

    Domingo Garcia - CR SolutionsReal Estate Group
    Facebook
    Google
    OR

    Interested in Purchasing 1156 Kingsley Drive?

    Get an estimate on monthly payments on this property.

    Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

    Estimated Monthly Payment
    $0.00
    Loan Amount
    $0.00
    $
    years

    Down Payment

    $
    %
    10.0%

    Interest Rate

    %
    6.0%

    Tax Rate

    %
    2.6%
    $
    $
    annually
    $
    monthly