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.