RTI-Approved Multifamily Development
For Sale
$3,795,000
1111 S Kenmore Ave, Los Angeles, CA 90006
Land, Los Angeles, CA
Property Size46,259 SF
Lot Size0.41 Acres
Price / SF$82.04
Days on Market122
Property Features for 1111 S Kenmore Ave
General Information
Property type
Land
Property subtype
Other
Zoning
LAR3
Lot features
2-4 Lots
View
City
Directions
East of Western , N of Olympic
Subdivision
Mid-Wilshire
Standard status
Active
APN
5078-022-004
Lot size
0.41 Acres
Listing Agency:
Keller Williams Beverly Hills · Keller Williams Realty
(310) 432-6400
Listed By:
Amin Shafiei · License #02240729
(310) 492-3993
Added: May 11
Changed: Aug 19
Last Checked: Sep 9 at 11:06PM
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
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Current Use
Lease Details
45
Residential units
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
3,969
Businesses Nearby
Explore this area
Business Placement
Demographics for 90006, CA
58,229
Population
21,475
Households
2.7
Avg Household Size
36
Median Age
22%
College-Educated
63%
High-School Grad
1.9 sq mi
ZIP Area
30,647
Density / Sq Mi
$49,847
Median Household Income
$31,645
Median Earnings
$1,396
Median Rent
$841,900
Median Home Value
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Frequently Asked Questions
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
