Property Detail

1606 Menlo

Los Angeles CA 90006

$1,700,000

Status: Active

Property Details

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.

Map Location

Listing provided courtesy of Liza Parrilla of Keller Williams Realty Calabasas. Last updated 2025-03-29 09:18:22.000000. Listing information © 2024 PACIFICSOTHEBYSFULLSANDICORCOMBINED.

Marlene Kindt

Marlene Kindt

CA DRE #02087349
Brokerage DRE#
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