$4,495,000

1111 S Kenmore Avenue, Los Angeles, CA 90006

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon0.41acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 10 days ago

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.

Listing Status:
Active
Date Added:
May 11, 2026
Data Last Updated:
May 21, 2026 at 3:09PM
Listing Office:
Keller Williams Beverly Hills : 310-432-6400
Listing Agent:
Amin Shafiei : 310-492-3993
MLS ID:
CL26828383
  • County: Los Angeles
  • Zoning: LAR35078022004
  • View: City LightsView

This listing courtesy of Amin Shafiei , Keller Williams Beverly Hills

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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