355 S Kingsley Drive, Los Angeles, CA 90020

About this property

Introducing an exceptional opportunity, RTI, Ready-to-Issue 19-Unit non-rent-controlled development in the heart of Koreatown. Strategically positioned in close proximity to the Wilshire/Western Metro Subway Station, this development is surrounded by the vibrant neighborhoods of Koreatown, Silver Lake, Hollywood, and Downtown. This exquisitely designed 5-story construction project, inclusive of a one-level basement parking garage, is a testament to thoughtful planning and contemporary aesthetics. Comprising seventeen 2-bedroom & 2-bathroom units and two 3-bedroom & 2-bathroom units, the development offers a harmonious blend of functionality and sophistication. With a generous rentable/living area spanning approximately 15,400 square feet, the apartments vary in size from 728 to 1,110 square feet, providing a diverse range of living options to cater to various preferences. The building also boasts 22 parking spaces, ensuring convenience for residents. Moreover, this project is committed to fostering inclusivity by incorporating 1 Extremely Low-Income unit and 2 Very Low-Income units, contributing to the community's diverse housing needs. Embrace the prospect of investing in a development that not only exemplifies architectural excellence but also aligns with a vision of creating a socially responsible living space in one of Los Angeles' most dynamic neighborhoods.

Listing description from the June 2025 sale, as reported to CRMLS.

Sale history

$1,760,000

Sold June 2025 · listed $1,850,000, orig. $2,290,000, on market December 2023 · MLS #23340263 · Source: CRMLS

Listing Agent: Dae Young Hur · Listing Office: Keller Williams Larchmont · Contact: 323-762-2600 · Bought with: Hope Kim · Hope Ys Kim, Broker

$1,100,000

Sold August 2018 · listed $1,250,000, on market June 2018 · MLS #18357964 · Source: CRMLS

Listing Agent: Max Lee · Listing Office: Dream Realty Asset Mgt, Inc. · Contact: 213-380-8949 · Bought with: Brian Han · FLS Investment

$855,000

Sold August 2015 · orig. $1,200,000, on market January 2015 · MLS #SB15019027 · Source: CRMLS

Listing Agent: Joseph Joaquin · Listing Office: Stage One Mortgage and Realty · Contact: 310-323-6331 · Bought with: CRISANTO BAUTISTA · CSB REALTY

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