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    Koreatown Multifamily Development Opportunity Title is generated by Realmo AI

    1111 S Kenmore Ave, Los Angeles, CA 90006

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    Claim this Listing
    For Sale
    $4,495,000

    LAND - Los Angeles, CA

    Lot size:
    0.41 Acres
    Added:
    May 11, 2026
    Days on Market:
    32
    Last Refresh:
    Jun 11 at 1:06 am

    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

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    Listing Contact
    Amin Shafiei

    Listing agent Amin Shafiei License #02240729

    Listing office Keller Williams Beverly Hills 439 N Canon Dr. Suite 300, Beverly HIlls, CA

    Listing date May 11, 2026

    MLS# 26828383 Listing URL

    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.


    Overview

    This shovel-ready multifamily development opportunity is located at 1103, 1107, 1109, and 1111 S Kenmore Ave, consisting of four contiguous parcels in Koreatown, Los Angeles. The project has Ready-to-Issue (RTI) permits and fully approved architectural plans for a modern 5-story, 45-unit apartment development. The development includes 5 low-income units and approximately 46,259 square feet of total floor area 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. The lot size is 0.407 acres. 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.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.297149
    Latitude
    34.050486

    FAQs

    What type of property is this?
    Residential land & home lot - Shovel-ready, RTI permitted 45-unit apartment development in Koreatown.
    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 $4,495,000.
    More about this property
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