LOT SIZE 0.407 acres
MLS#26828383
STATUSActive
PROPERTY TYPELand - Lot/Land
Listing Courtesy of:
Keller Williams Beverly Hills
Agency Phone: 310-432-6400
Associate Name: Amin Shafiei
Listing Shown by:
Farrell Smyth, Inc.
Associate Name: Mia Olivas
Property Description
Shovel-ready / RTI multifamily development opportunity located at 1103, 1107, 1109, and 1111 S Kenmore Ave four contiguous parcels in the heart of Koreatown. The project includes Ready-to-Issue (RTI) permits and fully approved architectural plans for a modern 5-story, 45-unit apartment development featuring 5 low-income units and approximately 46,259 SF of total FAR in one of Los Angeles' strongest rental markets.The approved development offers 37 parking spaces, including 4 EV spaces, plus 4 future potential parking spaces, along with dedicated bicycle parking. Additional features include elevator service, a full sprinkler system, and an efficient stacked construction design. The site is zoned R3-1 and is non-rent-controlled.Ideally positioned near Metro access and within walking distance to Koreatown's premier shopping centers, restaurants, retail, nightlife, and major employment corridors, the property benefits from exceptional connectivity and strong long-term rental demand. This rare infill development opportunity allows developers to move directly toward construction in a highly sought-after Mid-Wilshire / Koreatown location.
Property Features
Property Type: Land - Lot/Land
Lot Size: 0.41 Acres
Feature Descriptions
Days on Site: 12
Parcel#: 5078022004
Special View Info: City Lights
Listed By / Shown By
Listed By
Agency Name: Keller Williams Beverly Hills
Agent Name: Amin Shafiei
Agency Phone: 310-432-6400
Shown By
Agent Name: Mia Olivas
Agent Phone: (805) 543-2636
Agency Title: Farrell Smyth, Inc.
Estimate Your Payment
Estimated Payment
$ 11,314.96 per month $10,003.92 Principal & Interest $0.00 Property Tax (data not provided by mls) $1,311.04 Homeowner's InsuranceChange Payment Information
Mia Olivas
Office: (805) 543-2636
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1111 S Kenmore Avenue | MLS# 26828383
This land located at 1111 S Kenmore Avenue, Los Angeles, CA 90006 is currently listed for sale with an asking price of $4,495,000. The property has approximately 0.41 Acres. Search Los Angeles real estate on tamsinenos.farrellsmyth.com today.