Listed by GAIA
$1,750,000
17 Units Fully Entitled Vacant Land 6,750 sf R3-2 Zoning
Details
APN 5093 021 002
Property Type Land
Sub Type Residential
Square Footage 6,750
Broker Co-Op True
Class B
Acreage 0.150
Zoning R3-2
Investment Type Redevelopment
Sale Condition N/A
17 Units Fully Entitled Vacant Land 6,750 sf R3-2 Zoning
Marketing description
Entitlement Summary
- A thoughtfully designed co-living project with primarily 4 bedroom units.
- Transit Oriented Demand: Located steps from the Metro Purple Line (Wilshire + Western).
- Vibrant Lifestyle Submarket: Situated in the "Heart of Action" in Koreatown, offering unmatched access to world class 24/7 amenities.
- High-Barrier Market Fundamentals: Capitalizes on Koreatown's historically low vacancy rates and the acute shortage of modern, attainable housing in a submarket experiencing significant capital investment and appreciation.
Investment highlights
Completed entitlement and paid permits in place.
6 story, 17 units with 65 rooms, GBA of 28,702 sf.
Ready to break ground.
Listing Contacts
Listed by GAIA
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Zoning
R3-2 ResidentialMulti FamilyMultiple Residential
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View all 676 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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