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$ 4,450,000
Est. payment /mo
New
1111 S Kenmore AVE Los Angeles, CA 90006
46,259 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 46,259 sqft
Price per Sqft $96
MLS Listing ID 26854417
HOA Y/N No
Year Built 1910
Lot Size 0.407 Acres
Property Sub-Type Condominium
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.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Zoning LAR3
Interior
Fireplaces Type None
Furnishings Unfurnished
Fireplace No
Laundry See Remarks
Exterior
Parking Features Covered
Pool None
View Y/N Yes
Private Pool No
Building
Entry Level Multi/Split
Architectural Style Contemporary
Level or Stories Multi/Split
New Construction No
Others
Pets Allowed Call
Senior Community No
Tax ID 5078022004
Security Features 24 Hour Security
Special Listing Condition Standard
Pets Allowed Call
Listed by Amin Shafiei Keller Williams Beverly Hills #02240729
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