Development Opportunity!!! Located just South of Koreatown and West of Downtown Los Angeles and situated in a high demand rental area. Koreatown in Los Angeles has experienced significant development and transformation over the past few decades. The neighborhood has evolved from a primarily
immigrant enclave into one of LA’s most dynamic and diverse areas. Here are some of the key aspects of this development: The 7300 Lot zoned LA CM-1 which allows for a R-3 Development. The lot is conveniently located close to the Vermont / Venice Blvd intersection and has great visibility for future leasing signage from Venice Blvd and Vermont Avenue. The location has great access to Downtown LA, Koreatown, USC as well as the Vermont Avenue Exit. Seller has plans by Architect Sammi Trabizi for a 38 Unit Apartment Unit Building with 5 Floors and will be made available upon request.
immigrant enclave into one of LA’s most dynamic and diverse areas. Here are some of the key aspects of this development: The 7300 Lot zoned LA CM-1 which allows for a R-3 Development. The lot is conveniently located close to the Vermont / Venice Blvd intersection and has great visibility for future leasing signage from Venice Blvd and Vermont Avenue. The location has great access to Downtown LA, Koreatown, USC as well as the Vermont Avenue Exit. Seller has plans by Architect Sammi Trabizi for a 38 Unit Apartment Unit Building with 5 Floors and will be made available upon request.
Property Details
Price:
$1,700,000
MLS #:
SR25066561
Status:
Active
Baths:
0
Address:
1606 Menlo Avenue 5056019002
Type:
Land
Neighborhood:
kreakoreatown
City:
Los Angeles
Listed Date:
Mar 26, 2025
State:
CA
ZIP:
90006
Lot Size:
7,303 sqft / 0.17 acres (approx)
See this Listing
Mortgage Calculator
Schools
Interior
Exterior
Community Features
Sidewalks, Street Lights
Fencing
Average Condition, Block, Chain Link, Wrought Iron
Lot Features
Lot 6500-9999, Rectangular Lot, Level, Near Public Transit
Sewer
Public Sewer
View
None
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address1606 Menlo Avenue 5056019002 Los Angeles CA
- AreaKREA – Koreatown
- CityLos Angeles
- CountyLos Angeles
- Zip Code90006
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Courtesy of Keller Williams Realty Calabasas. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.1606 Menlo Avenue 5056019002
Los Angeles, CA
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