1111 S Kenmore Avenue, Los Angeles, CA 90006
List Price: $4.45M
Listing Status: Active
0Days on Market: 60
90 Bedrooms · 70 Bathrooms · 46,259 sq ft
Property Type: Residential
Year Built: 1910
Lot Size: 17,728 sq ft
Private Pool: Yes
MLS Number: 26854417
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 #: 26854417
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.