1606 Menlo Avenue
Los Angeles, CA 90006
- – beds
- – baths
- – sqft
- 7,303 sqft lot
- – on site
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.
Last checked:
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Last updated Mar 28, 2025
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MLS# SR25066561 —
This property is listed in more than one place. See it here.
The Building
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New Construction:No
Location
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Directions:Intersection of Venice Blvd and Vermont Avenue
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Latitude:34.04399000
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Longitude:-118.29006500
The Property
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Property Type:Land
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Zoning:LACM
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Zoning Description:CM-1 \ R-3
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Lot Features:Lot 6500-9999, Rectangular Lot, Level, Near Public Transit
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Lot Size Area:7303.0000
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Lot Size Dimensions:50 X 146
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Lot Size Acres:0.1677
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Lot Size SqFt:7303.00
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Lot Size Source:Assessor
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Lot Dimensions Source:Assessor
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View:None
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Fencing:Average Condition, Block, Chain Link, Wrought Iron
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Possible Use:Commercial, Multi-Family
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:2
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Tax Census Tract:2211.20
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Tax Lot:24
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5056019002
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Sidewalks, Street Lights
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Association:No
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Senior Community:No
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Distance To Water Comments:100
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/26/25
Mar 26, 2025
|
Listed / Active | CRMLS_CA | $1,700,000 |
