1111 S Kenmore Avenue, Los Angeles, CA 90006
List Price: $3.79M
Listing Status: Active
Original List Price: $4.5M
0Days on Market: 64
0 Bedrooms · 0 Bathrooms
Property Type: Land
Lot Size: 17,728 sq ft
MLS Number: 26828383
About This Property
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.
Listing provided by: Amin Shafiei DRE #02240729 310-432-6400 AminBeverlyHills@gmail.com, Keller Williams Beverly Hills
Source: CRMLS, MLS #: 26828383
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.