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$1,599,999
Est. payment /mo
Active
1606 Menlo Los Angeles, CA 90006
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Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25066561
Lot Dimensions 50 X 146
Property Sub-Type Lots/Land
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 LAs 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
Direction Intersection of Venice Blvd and Vermont Avenue
Interior
Fireplace No
Exterior
View Y/N No
Others
Tax ID 5056019002

Listed by Liza Parrilla Keller Williams Realty Calabasas