1606 Menlo Avenue 5056019002
Los Angeles, CA, 90006
$1,700,000
Beds
0 Baths
SqFt
0.17 Acres
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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.

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)
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Average Condition, Block, Chain Link, Wrought Iron
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Lot 6500-9999, Rectangular Lot, Level, Near Public Transit
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1606 Menlo Avenue 5056019002
Los Angeles, CA