1111 S Kenmore Avenue, Los Angeles, CA — listing photo 1
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FOR SALE

1111 S Kenmore Avenue

Los Angeles, CA 90006
17,728 Lot Sq Ft
$3,795,000
Price ReducedWas $4,495,000 — $3,795,000 (-$700,000)

Property Overview

Shovel-ready / RTI multifamily development opportunity located at 1103, 1107, 1109, and 1111 S Kenmore Ave four contiguous parcels in the heart of Koreatown. The project includes Ready-to-Issue (RTI) permits and fully approved architectural plans for a modern 5-story, 45-unit apartment development featuring 5 low-income units and approximately 46,259 SF of total FAR 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.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.

Home Details

Property type
Land
Lot size
17,728 sq ft
Days on market
167
MLS status
Active
Zoning
LAR3

Community, Schools & Utilities

Community

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Location & Neighborhood

1111 S Kenmore Avenue

Los Angeles, CA 90006

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Frequently Asked Questions About 1111 S Kenmore Avenue

Property type: Land

The current asking price is $3,795,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 1111 S Kenmore Avenue. Our team will confirm availability and timing.
This property offers the living space reported in the listing. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 167 days. Status can change, so verify availability before relying on it.

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Listing Agent

Name: Amin Shafiei
MLS ID: CLW-C144295

Available property

$3,795,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.