1139 S Kingsley Drive 3, Los Angeles, CA 90006

• 2 beds |
• 3 baths |
• 2,092 sqft

Property Description

Prime Koreatown investment opportunity at 1139 S Kingsley Dr with the rare option to acquire the adjacent property at 1145 S Kingsley Dr, creating a combined lot size of approximately 11,800 SF. Zoned R3 with TOC Tier 2 incentives, this offering presents exceptional development and value-add potential in one of the most desirable rental markets in Los Angeles. Properties are situated in the heart of Koreatown, just walking distance to Olympic Blvd, and surrounded by major Korean markets, restaurants, cafes, and everyday amenities. This highly walkable location continues to drive strong tenant demand and long-term appreciation. Ideal for investors and developers seeking to maximize density through TOC incentives, reposition existing improvements, or pursue future redevelopment opportunities (buyer to verify zoning, density, and all development potential with the city). Opportunities like thistwo side-by-side parcels in a prime central Koreatown locationare extremely rare. Do not disturb tenants. Drive-by only. Interior inspection subject to accepted offer.

Listing Status:

Active

Date Added:

June 9, 2026

Data Last Updated:

June 13, 2026 at 2:18AM

Listing Office:

Christie's International Real Estate SoCal : 424-249-7162

Listing Agent:

John C. Pak : 3108938300

MLS ID:

26845495

Exterior

• Parking: AssignedParking spaces: 0

Construction

• General: 1

Location

• Originating MLS: CRMLS_CL
• County: Los Angeles

Lot

• Zoning: LAR35080026008

Financial

• Source: CRMLS_CL