RTI-Approved Multifamily Development
1111 S Kenmore Ave Los Angeles, CA 90006
For Sale
$3,795,000
LAND - Los Angeles, CA
Property Size46,259 SF
Lot Size0.41 Acres
Price / SF$82.04
Days on Market77
Property Features for 1111 S Kenmore Ave
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- LAR3
- Standard status
- Active
- APN
- 5078-022-004
- Lot size
- 0.41 Acres
Listing Agency:
Keller Williams Beverly Hills
(310) 432-6400
Listed By:
Amin Shafiei · License #02240729
(310) 492-3993
Added: May 11
Changed: Jul 14
Last Checked: Jul 26 at 8:06AM
MLS# 26828383
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering includes four contiguous residential development parcels at 1103, 1107, 1109, and 1111 S Kenmore Ave. The site is positioned as shovel-ready with Ready-to-Issue (RTI) permits and fully approved architectural plans for a modern five-story, 45-unit apartment development.
The approved program calls for 5 low-income units and approximately 46,259 SF of total FAR, with parking set up for 37 spaces including 4 EV spaces, plus 4 additional future potential parking spaces. The design includes dedicated bicycle parking, elevator service, a full sprinkler system, and an efficient stacked construction approach. The property is identified as zoned LAR3, and the public remarks also indicate the project is within R3-1 and non-rent-controlled.
The parcels are described as located in the heart of Koreatown, near Metro access, and within walking distance to shopping centers, restaurants, retail, nightlife, and major employment corridors.
The approved program calls for 5 low-income units and approximately 46,259 SF of total FAR, with parking set up for 37 spaces including 4 EV spaces, plus 4 additional future potential parking spaces. The design includes dedicated bicycle parking, elevator service, a full sprinkler system, and an efficient stacked construction approach. The property is identified as zoned LAR3, and the public remarks also indicate the project is within R3-1 and non-rent-controlled.
The parcels are described as located in the heart of Koreatown, near Metro access, and within walking distance to shopping centers, restaurants, retail, nightlife, and major employment corridors.
Key Highlights
- RTI‑ready multifamily development on four contiguous parcels: 1103, 1107, 1109 & 1111 S Kenmore Ave
- Approved for a modern 5‑story, 45‑unit apartment project with 5 low‑income units and approx. 46,259 SF total FAR
- Includes 37 parking spaces with 4 EV spaces, plus 4 additional future potential parking spaces and dedicated bicycle parking
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential land & home ...
FAQs
What type of property is this?
Residential land & home lot - Four contiguous parcels with RTI permits and approved plans for a 45-unit, five-story apartment project.
Where is this residential land & home lot located?
The property is located at 1111 S Kenmore Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,795,000.
What are key features of this property?
This property features: RTI‑ready multifamily development on four contiguous parcels: 1103, 1107, 1109 & 1111 S Kenmore Ave; Approved for a modern 5‑story, 45‑unit apartment project with 5 low‑income units and approx. 46,259 SF total FAR; Includes 37 parking spaces with 4 EV spaces, plus 4 additional future potential parking spaces and dedicated bicycle parking
