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$ 1,700,000
Est. payment /mo
Active
1606 Menlo AVE Los Angeles, CA 90006
7,305 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25066561
HOA Y/N No
Lot Size 7,305 Sqft
Lot Dimensions Assessor
Property Description
Development Opportunity!!! Located just South of Koreatown and West of Downtown Los Angeles and situated in a high demand rental area. Koreatown in Los Angeles has experienced significant development and transformation over the past few decades. The neighborhood has evolved from a primarily
immigrant enclave into one of LA's most dynamic and diverse areas. Here are some of the key aspects of this development: The 7300 Lot zoned LA CM-1 which allows for a R-3 Development. The lot is conveniently located close to the Vermont / Venice Blvd intersection and has great visibility for future leasing signage from Venice Blvd and Vermont Avenue. The location has great access to Downtown LA, Koreatown, USC as well as the Vermont Avenue Exit. Seller has plans by Architect Sammi Trabizi for a 38 Unit Apartment Unit Building with 5 Floors and will be made available upon request.
immigrant enclave into one of LA's most dynamic and diverse areas. Here are some of the key aspects of this development: The 7300 Lot zoned LA CM-1 which allows for a R-3 Development. The lot is conveniently located close to the Vermont / Venice Blvd intersection and has great visibility for future leasing signage from Venice Blvd and Vermont Avenue. The location has great access to Downtown LA, Koreatown, USC as well as the Vermont Avenue Exit. Seller has plans by Architect Sammi Trabizi for a 38 Unit Apartment Unit Building with 5 Floors and will be made available upon request.
Location
State CA
County Los Angeles
Area Krea - Koreatown
Zoning LACM
Interior
Fireplace No
Exterior
Fence Average Condition, Block, Chain Link, Wrought Iron
Community Features Street Lights, Sidewalks
View Y/N No
View None
Building
Lot Description Level, Near Public Transit, Rectangular Lot
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5056019002
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Liza Parrilla • Keller Williams Realty Calabasas • 818-601-3269