500 N Kingsley Dr, Los Angeles, CA 90004

Property Description

Exceptional opportunity to acquire a fixer upper Duplex located between Melrose Hill and Larchmont Village, featuring 1,656 sqf of living space on a 3,800 square foot LAR3-zoned corner lot, presenting a future potential. The property consists of two units of 1bedroom, 1bathroom each, offering a versatile layout suitable for a variety of living arrangements and investment strategies. Open floor plan includes a charming living Rm, Dining Rm, kitchen with stainless steel appliances and granite countertops, laundry room, attic, one bedroom and one bathroom in each unit with a pleasing greenbelt view looking out the windows. Located in one of Los Angeles' most vibrant and centrally positioned neighborhoods, the property enjoys close proximity to Koreatown, Hancock Park, Downtown Los Angeles. Residents benefit from easy access to renowned restaurants, shopping, entertainment, public transportation, and major freeway corridors. The LAR3 zoning on this corner lot provides attractive possibilities for investors, developers, and owner-users looking to capitalize on the continued growth of the surrounding area. One of the city's most desirable rental and ownership markets, supported by strong housing demand and a thriving population. Whether you're seeking a long-term investment, multi-generational living opportunity, or a property with future upside, this home offers a compelling opportunity in a premier Los Angeles location.