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1606 Menlo Avenue, Los Angeles, CA 90006
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$1,599,999
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Home Details for 1606 Menlo Avenue
Price
$1,599,999
Type
Lots/Land
Lot Size
0.1677
County
Los Angeles
MLS®️ Listing#
SR25066561
On exitrealty.com
237 days
Property Description
Development Opportunity – 7300 SF CM-1 Zoned Lot Near Koreatown & Downtown LA!
Incredible development opportunity located just south of Koreatown and west of Downtown Los Angeles. This ±7,300 SF lot is zoned LA CM-1, allowing for R3 development potential. Situated near the high-visibility intersection of Vermont Ave & Venice Blvd, the property offers excellent exposure for future leasing signage and convenient access to major hubs including Koreatown, Downtown LA, USC, and the Vermont Ave exit.
Key Features:
• Zoning: LA CM-1 (R3 development potential)
• Lot Size: ±7,300 SF
• Location: Near Vermont/Venice intersection
• High rental demand area
• Easy access to 10 Freeway, Downtown, Koreatown, and USC
• Existing architectural plans by Sammi Trabizi for a 5-story, 38-unit apartment building (available upon request)
Koreatown continues to be one of LA’s most rapidly evolving neighborhoods, making this a prime location for multifamily investment or new construction.
Do not miss this rare opportunity to develop in a high-demand rental market. Buyer to verify all zoning and development possibilities with the city.
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Listing Courtesy: Keller Williams Realty Calabasas - 818-601-3269. Presented by: Liza Parrilla
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-10-31 12:45:53 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Market statistics compiled from data from California Regional MLS.
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EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA DRE# 01516899. Lorenzo Castillo Broker.
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$1,599,999
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EXIT CASTILLO REALTY
418 W. 3rd St., Oxnard, CA 93030
Licensed in the state of California.
CA DRE# 01516899. Lorenzo Castillo Broker.