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362 S Commonwealth Ave Los Angeles, CA 90020

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For Sale
$1,450,000

Vacant R4-2 zoned lot in Koreatown near Wilshire Blvd.

Lot size:
0.21 Acres

Property Features for 362 S Commonwealth Ave

General Information

Standard status
Active
Lot size
0.21 Acres

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Listing Contact
Julie Lee
Source: Corcoran

Listing Agent: Julie Lee

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Koreatown Vacant Lot For Sale

This vacant lot is located in Koreatown. The property is zoned R4-2 and is suitable for multifamily, condos, or Build-To-Rent (BTR) projects. The flat land measures approximately 9341 square feet. It is located near Wilshire Boulevard, Downtown Los Angeles, and major transit routes including Fwy 10, 101, and 110. Recent developments in the area include apartments, condos and adaptive reuse projects. The property has street frontage on Commonwealth Avenue, with utilities nearby. All offers must be submitted no later than 8/20/25, 5:00 pm.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Gym & Fitness

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
-118.28549
Latitude
34.06724

FAQs

What type of property is this?
Land - Vacant R4-2 zoned lot in Koreatown near Wilshire Blvd.
Where is this land located?
The property is located at 362 S Commonwealth Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: - Rare R4-2 zoning allows for multifamily, condos, or Build-To-Rent (BTR) development.; - Large, flat vacant lot (approx. 9341 sqft) in prime Koreatown.; - Excellent location near Wilshire Blvd., Downtown LA, and major freeways (10, 101, 110).
More about this property
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