Condo for sale in Southern California — $3,795,000. 0 beds · 0 baths · 46,259 sqft. 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 full…
$3,795,000
1111 S Kenmore Avenue, Los Angeles, CA 90006
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.
Listing updated: July 14, 2026 at 11:23 AM
Listed by: Amin Shafiei, Keller Williams Beverly Hills
Source: CRMLS, MLS#: 26854417, Originating MLS: California Regional MLS
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| Date | Event | Price |
|---|---|---|
7/14/2026 Source: CRMLS, #26854417 | Price change | $3,795,000$82/sqft-14.7% |
| 5/01/2026Source: CRMLS, #26854417 | Listed for sale | $4,450,000$96/sqft |
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