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.

Based on information submitted to CRMLS as of June 10, 2026 10:51 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Property Details of 1139 S Kingsley Drive 3, Unit 3

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Encino

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Property Details of 1139 S Kingsley Drive 3, Unit 3

Map Location

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Hi there! How can we help you?

Encino