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Sharlotte Blake

sharlotte@laluxestates.com +1(323) 219-1101

$4,450,000

Est. payment - /mo

46,259 SqFt

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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

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Listed by Amin Shafiei Keller Williams Beverly Hills #02240729

NEARBY SCHOOL & BUSINESS

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Sharlotte Blake

+1(323) 219-1101

Broker Associate | License ID: 02035876

Broker Associate License ID: 02035876

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Los Angeles, CA

1111 S Kenmore AVE Los Angeles, CA 90006

Sharlotte Blake

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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1111 S Kenmore AVE