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For SaleCondo

1111 S Kenmore Avenue

Los Angeles, CA 90006

$4,450,000
$96/sq ft
Bedrooms
Studio
Bathrooms
0
Interior
46,259 sq ft
Year Built
1910

About this residence

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 46,259 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.

0 parking

Property details

Status
For Sale
Property type
Condo
Price per sq ft
$96/sq ft
Days on market
61 days
Listed
2026-05-01
Year built
1910
Parking
0 spaces
Furnished
No
Waterfront
No
MLS number
26854417

Location & neighborhood

1111 S Kenmore Avenue, Los Angeles, CA 90006

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Mortgage calculator

Down payment20% · $890,000
Interest rate6.50%
Loan term30 years
$31,105
per month
  • Principal & interest$22,502
  • Property taxes$6,749
  • Insurance$1,854
  • HOA / fees$0
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Estimate only. Taxes, insurance and HOA are approximate.

Listing courtesy of Keller Williams Beverly Hills · MLS 26854417. Information deemed reliable but not guaranteed; buyers should independently verify all details.

Equal Housing Opportunity. LA Condo HQ is committed to compliance with all federal, state, and local fair housing laws. We do not discriminate on the basis of race, color, religion, sex, handicap, familial status, national origin, or any other protected class. All measurements, square footage, and financial figures are approximate and provided for informational purposes only.

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