Property Details
About this Property
Development Opportunity – 7300 SF CM-1 Zoned Lot Near Koreatown & Downtown LA! Incredible development opportunity located just south of Koreatown and west of Downtown Los Angeles. This ±7,300 SF lot is zoned LA CM-1, allowing for R3 development potential. Situated near the high-visibility intersection of Vermont Ave & Venice Blvd, the property offers excellent exposure for future leasing signage and convenient access to major hubs including Koreatown, Downtown LA, USC, and the Vermont Ave exit. Key Features: • Zoning: LA CM-1 (R3 development potential) • Lot Size: ±7,300 SF • Location: Near Vermont/Venice intersection • High rental demand area • Easy access to 10 Freeway, Downtown, Koreatown, and USC • Existing architectural plans by Sammi Trabizi for a 5-story, 38-unit apartment building (available upon request) Koreatown continues to be one of LA’s most rapidly evolving neighborhoods, making this a prime location for multifamily investment or new construction. Do not miss this rare opportunity to develop in a high-demand rental market. Buyer to verify all zoning and development possibilities with the city.
MLS Listing Information
MLS #
CRSR25066561
MLS Source
California Regional MLS
Days on Site
263
Lots & Land Information
Fencing
ChainLink, Other
Lot Description
Grade - Level
Parking, School, and Other Information
HOA Fee
$0
Zoning
LW, LSR, LL, TNS
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1606 Menlo Ave is in Los Angeles, CA 90006. This Land is currently priced at $1,599,999. This address can also be written as 1606 Menlo Ave, Los Angeles, CA 90006.
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This listing information is up-to-date as of October 31, 2025. For the most current information, please contact Liza Parrilla
