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This land at 1111 S Kenmore Ave in Los Angeles, CA is listed for $3,795,000 (0.41 acres).

Key Features

  • 0.41 acre lot

Amenities

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Listing Description

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 46,2

59 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.

Location

1111 S Kenmore Ave

Los Angeles, CA 90006

Property Details

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Questions & Answers

This 0-bedroom, 0-bathroom land at 1111 S Kenmore Ave is listed at $3,795,000. The estimated monthly payment is $20,297 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.41 acre lot.

This property is listed by Amin Shafiei.

AS

Amin Shafiei

License 02240729

Agent at KELLER WILLIAMS BEVERLY HILLS REALTY

Listed by KELLER WILLIAMS BEVERLY HILLS REALTY · Broker phone: (310) 432-6400 · View on Broker Site · Broker website

MLS# 26828383· Source: The MLS/CLAW· 169 days on PropertySimple

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.

1111 S Kenmore Ave, Los Angeles, CA 90006

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