1111 S Kenmore Avenue
Los Angeles, CA 90006
$ 4,450,000
Price
0
Beds
0
Baths
46,259 Sq. Ft.
$96 / Sq. Ft.
61 Days On Market
Listed By Amin Shafiei (DRE# 02240729) at Keller Williams Beverly Hills.
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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.
Last Updated: 0 days ago
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