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.
Property Details
Price:
$4,495,000
MLS #:
26828383
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Neighborhood:
c17midwilshire
Listed Date:
May 11, 2026
Lot Size:
17,728 sqft / 0.41 acres (approx)
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- Address1111 S Kenmore AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90006
Subdivisions in Los Angeles
Market Summary
Current real estate data for Land in Los Angeles as of May 15, 2026
443
Land Listed
175
Avg DOM
$1,622,867
Avg List Price
Property Summary
- 1111 S Kenmore AV Los Angeles CA is a Land for sale in Los Angeles, CA, 90006. It is listed for $4,495,000 and features 0 acres.
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