Land for Sale in Los Angeles, California

1111 S Kenmore Avenue, Los Angeles, California 90006, US

$ 3,795,000

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

  • Price: $ 3,795,000
  • MLS ID: 26828383
  • Property Type: Land
  • WEB ID: PR03605452
  • Property Status: Active
  • Lot Size: 17,728sqft
  •  Land for Sale in Los Angeles, California
  •  Land for Sale in Los Angeles, California
  •  Land for Sale in Los Angeles, California

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

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  • Price: $ 3,795,000
  • MLS ID: 26828383
  • Property Type: Land
  • WEB ID: PR03605452
  • Property Status: Active
  • Lot Size: 17,728sqft
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.

Additional Features

  • City Lights
  • Listing Status: Active
  • Listing Agent: Amin Shafiei (lic# 02240729) of Beverly Hills/Greater LA
  • Listing Office: Keller Williams Beverly Hills (lic# 01428775)
  • Based on information from CRISNet MLS as of 7th August 2026 at 1:23pm. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Areas of expertise
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