REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,599,999
Est. payment /mo
Active
1606 Menlo Los Angeles, CA 90006
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25066561
Lot Dimensions 50 X 146
Property Sub-Type Lots/Land
Property Description
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 LAs 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.
Location
State CA
County Los Angeles
Direction Intersection of Venice Blvd and Vermont Avenue
Interior
Fireplace No
Exterior
View Y/N No
Others
Tax ID 5056019002
Listed by Liza Parrilla Keller Williams Realty Calabasas
