$ 1,599,999
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$1,599,999
Price -
0
Bed - Bath
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0
SqFt
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About the Listing F3510002 - SR207065181
Development Opportunity – 7300 SF CM-1 Zoned Lot Near Koreatown & Downtown LA! Incredible development opportunity located just south of Koreatown and west of Downtown Los Angeles. This ±7,300 SF lot is zoned LA CM-1, allowing for R3 development potential. Situated near the high-visibility intersection of Vermont Ave & Venice Blvd, the property offers excellent exposure for future leasing signage and convenient access to major hubs including Koreatown, Downtown LA, USC, and the Vermont Ave exit. Key Features: • Zoning: LA CM-1 (R3 development potential) • Lot Size: ±7,300 SF • Location: Near Vermont/Venice intersection • High rental demand area • Easy access to 10 Freeway, Downtown, Koreatown, and USC • Existing architectural plans by Sammi Trabizi for a 5-story, 38-unit apartment building (available upon request) Koreatown continues to be one of LA’s most rapidly evolving neighborhoods, making this a prime location for multifamily investment or new construction. Do not miss this rare opportunity to develop in a high-demand rental market. Buyer to verify all zoning and development possibilities with the city.
Listing Highlights for 1606 Menlo Ave
Status
Active
Days on Site
163
Property Type
Vacant Land
MLS ®
SR25066561
Year Built
Total Square Footage
0
Lot/Acreage
0.17
County
Los Angeles
Area
KREA - Koreatown
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Lot 6500-9999,Rectangular Lot,Level,Near Public Transit,No Land Lease
- Garage Capacity: N/A
- Zoning: CM-1 \ R-3
- Roof:
- Others:
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5056019002
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
1606 Menlo Ave Los Angeles, CA 90006
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