$1,700,000
For Sale

1606 Menlo Avenue

Los Angeles, CA 90006
0.17 acres | #SR25066561
Listing OfficeKeller Williams Realty Calabasas
Browse 8 photos
Type:Purchase
Structure:Land
Zone:Residential

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.

  • Property Details
      • Lot DescriptionLevel, NearPublicTransit, RectangularLot
      • Sewer InformationPublicSewer
      • CountyLos Angeles
      • Original List Price$1,700,000
      • MLS #SR25066561
      • MLS #SR25066561
      • Property TypePurchase
      • Cost1700000
      • Acres0.1677
      • Utility SourcePublic
      • Property SubtypeLand

Location

Marco AsaroReal Estate Group
OR

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