Mid-Wilshire (C17) Land for Sale

We are pleased to present a unique residential development opportunity at 918 S Kingsley Drive in the heart of Koreatown. The property consists of approximately 6,753 square feet of LAR4-zoned land improved with a vacant single-family residence, providing a developer with immediate site control and eliminating the need for tenant relocation. Ownership has completed substantial pre-development work and has initiated plans for a proposed 29-unit apartment development utilizing Tier 3 Transit Oriented Communities (TOC) incentives. The current plans contemplate a six-story, Type III-A residential building consisting of 29 one-bedroom/one-bathroom units. In addition to architectural plans, ownership has completed surveys and other development-related due diligence, providing a prospective purchaser with a significant head start toward advancing the project. Strategically located just three blocks south of Wilshire Boulevard and several blocks east of Western Avenue, the property offers convenient access to Metro transit, the 10, 101 and 110 Freeways, and the extensive retail, dining, entertainment and employment amenities throughout Koreatown. Surrounded by Hancock Park, Larchmont Village, Mid-Wilshire, Pico-Robertson and other established Central Los Angeles neighborhoods, 918 S Kingsley Drive presents an attractive opportunity to capitalize on continued demand for infill multifamily housing in one of Los Angeles' most centrally located residential markets. Prospective purchasers are encouraged to independently verify all zoning, TOC eligibility, plans, unit count, development standards, permits, approvals and other development potential with the appropriate governmental agencies and qualified professionals. Contact the listing broker for additional information.

918 S Kingsley Dr, Los Angeles

Courtesy of Kidder Mathews of California, Inc., Casey Lins - CA DRE#01902650

$1,195,000

26985635 MLS

We are pleased to present a unique residential development opportunity at 918 S Kingsley Drive in the heart of Koreatown. The property consists of approximately 6,753 square feet of LAR4-zoned land improved with a vacant single-family residence, providing a developer with immediate site control and eliminating the need for tenant relocation. Ownership has completed substantial pre-development work and has initiated plans for a proposed 29-unit apartment development utilizing Tier 3 Transit Oriented Communities (TOC) incentives. The current plans contemplate a six-story, Type III-A residential building consisting of 29 one-bedroom/one-bathroom units. In addition to architectural plans, ownership has completed surveys and other development-related due diligence, providing a prospective purchaser with a significant head start toward advancing the project. Strategically located just three blocks south of Wilshire Boulevard and several blocks east of Western Avenue, the property offers convenient access to Metro transit, the 10, 101 and 110 Freeways, and the extensive retail, dining, entertainment and employment amenities throughout Koreatown. Surrounded by Hancock Park, Larchmont Village, Mid-Wilshire, Pico-Robertson and other established Central Los Angeles neighborhoods, 918 S Kingsley Drive presents an attractive opportunity to capitalize on continued demand for infill multifamily housing in one of Los Angeles' most centrally located residential markets. Prospective purchasers are encouraged to independently verify all zoning, TOC eligibility, plans, unit count, development standards, permits, approvals and other development potential with the appropriate governmental agencies and qualified professionals. Contact the listing broker for additional information.

918 S Kingsley Drive, Los Angeles

Listing courtesy of Listing Agent: Casey Lins (Casey.Lins@kidder.com) from Listing Office: Kidder Mathews of California, Inc..

$1,077,000

SR26189486 MLS

**PRICED TO SELL** 4-UNIT RTI DEVELOPMENT OPPORTUNITY WITH PAID PERMITS | SB8 CLEARED | SHOVEL READY | DELIVERED VACANT. Exceptional investment opportunity in the Pico-Union/Koreatown corridor featuring an existing vacant triplex on a 6,290 SF corner lot. The property includes fully approved RTI plans and approximately **$70,000 in paid permits**, allowing a developer to begin construction without the lengthy entitlement process. The approved project offers approximately 8,202 SF of gross building area with an attractive unit mix consisting of **Four Townhome Units w/ Attached 2-Car Garage** - Two 5-bed (plus office) / 5-bath units and Two 4-bed / 5-bath units. Each unit features en-suite bathrooms throughout and a private two-car garage, making the project well suited for co-living, student housing, or high-demand rental use. Additional ADU potential may exist, subject to buyer verification and applicable city requirements. Centrally located near Koreatown, Downtown Los Angeles, USC, and the I-10 and I-110 freeways. An excellent build-to-sell or long-term investment opportunity. Renderings are conceptual and may not reflect the final approved plans. Buyer to independently verify all plans, permits, square footage, development potential, and ADU feasibility.

1511 S New Hampshire, Los Angeles

Listing courtesy of Listing Agent: Rana Khanjani (rana@syncbrokerage.com) from Listing Office: Sync Brokerage.

$2,250,000

26873695 MLS

REDUCED! We are pleased to present the San Marino Villas, a rare opportunity to acquire a Ready-to-Issue (RTI) 45-unit development project at 2811 San Marino Street, centrally located in Koreatown. Now offered at $2,250,000, the project represents an attractive basis of $50K per door. Existing improvements consist of 4 units to be delivered vacant, providing the buyer with a clear path toward redevelopment. The proposed project consists of 36 base units + 9 ADUs, with a unit mix of 13 two-bedroom units, 23 one-bedroom units, and 9 studios. TOC project - NOT ED1, with 11% of the base units designated Extremely Low Income. The project will be delivered RTI WITH ALL PERMIT FEES PAID! Plans call for a 7-story development featuring Type III-A construction over Type I-A, seven residential stories above two levels of subterranean parking, plus a rooftop deck for resident enjoyment. Ideally situated in the heart of Koreatown near shopping, dining, employment, transit, and other neighborhood amenities. Approved architectural plans are available for review. Do not miss this opportunity to acquire a ready RTI project with all permit fees already paid. Begin construction without starting the permitting process from scratch! Buyer is advised to independently verify all information, including but not limited to existing improvements, zoning, TOC incentives, affordability requirements, plans, permits, RTI status, development potential, square footage, and all other project details with the appropriate professionals and governmental agencies. Contact listing agent for additional information and architectural plans.

2811 San Marino St, Los Angeles

Courtesy of Keller Williams Beverly Hills, Daniel Shamooelian - CA DRE#01984269

$2,250,000

26873695 MLS

REDUCED! We are pleased to present the San Marino Villas, a rare opportunity to acquire a Ready-to-Issue (RTI) 45-unit development project at 2811 San Marino Street, centrally located in Koreatown. Now offered at $2,250,000, the project represents an attractive basis of $50K per door. Existing improvements consist of 4 units to be delivered vacant, providing the buyer with a clear path toward redevelopment. The proposed project consists of 36 base units + 9 ADUs, with a unit mix of 13 two-bedroom units, 23 one-bedroom units, and 9 studios. TOC project - NOT ED1, with 11% of the base units designated Extremely Low Income. The project will be delivered RTI WITH ALL PERMIT FEES PAID! Plans call for a 7-story development featuring Type III-A construction over Type I-A, seven residential stories above two levels of subterranean parking, plus a rooftop deck for resident enjoyment. Ideally situated in the heart of Koreatown near shopping, dining, employment, transit, and other neighborhood amenities. Approved architectural plans are available for review. Do not miss this opportunity to acquire a ready RTI project with all permit fees already paid. Begin construction without starting the permitting process from scratch! Buyer is advised to independently verify all information, including but not limited to existing improvements, zoning, TOC incentives, affordability requirements, plans, permits, RTI status, development potential, square footage, and all other project details with the appropriate professionals and governmental agencies. Contact listing agent for additional information and architectural plans.

2811 San Marino Street, Los Angeles

Listing courtesy of Listing Agent: Daniel Shamooelian (daniel@dsrealestate.com) from Listing Office: Keller Williams Beverly Hills.

$1,800,000

26873899 MLS

( 28 Units MIIP, 78 Units AHIP ) 8,539 sf R4-1 parcel TOTAL 7 BD / 6.5 BA (2 BD / 3.5 BA UNPERMITTED). HUGE LOT IN A QUIET RESIDENTIAL AREA. DEVELOPMENT OPPORTUNITY: POTENTIAL FOR APPROX. OFFERED PRIMARILY FOR LAND VALUE AND TO BE DELIVERED VACANT. .Base zoning allows 21 units by right within a 45 ft / 3-story envelope at 3:1 FAR.The MIIP pathway reaches 28 units at a 12% ELI / 16% VLI / 25% LI set-aside, while a100% affordable AHIP project reaches 78 units AHIP is the higher-yield path(envelope-limited), though every unit is income-restricted.

977 Arapahoe St, Los Angeles

Courtesy of Keller Williams Larchmont, Dae Young Hur - CA DRE#01489175

$1,800,000

26873899 MLS

( 28 Units MIIP, 78 Units AHIP ) 8,539 sf R4-1 parcel TOTAL 7 BD / 6.5 BA (2 BD / 3.5 BA UNPERMITTED). HUGE LOT IN A QUIET RESIDENTIAL AREA. DEVELOPMENT OPPORTUNITY: POTENTIAL FOR APPROX. OFFERED PRIMARILY FOR LAND VALUE AND TO BE DELIVERED VACANT. .Base zoning allows 21 units by right within a 45 ft / 3-story envelope at 3:1 FAR.The MIIP pathway reaches 28 units at a 12% ELI / 16% VLI / 25% LI set-aside, while a100% affordable AHIP project reaches 78 units AHIP is the higher-yield path(envelope-limited), though every unit is income-restricted.

977 Arapahoe Street, Los Angeles

Listing courtesy of Listing Agent: Dae Young Hur (LAnewHome@gmail.com) from Listing Office: Keller Williams Larchmont.

$688,000

26873571 MLS

Property priced at Land value! Opportunity to acquire a 3,800 sqf. LAR3-zoned land, between Melrose Hill and Larchmont Village to build on, or a fixer upper Duplex featuring 1,656 sqf of living space, presenting a future potential. Two side by side units of 1 bedrm, 1 bathroom each, on this land offering a versatile layout suitable for a variety of living arrangements and investment strategies. Open floor plan includes a charming living Rm, Dining Rm, kitchen with stainless steel appliances and granite countertops, laundry room, attic, one bedroom and one bathroom in each unit with a pleasing greenbelt view looking out the windows. Located in one of Los Angeles' most vibrant and centrally positioned neighborhoods, the property enjoys close proximity to Koreatown, Hancock Park, Downtown Los Angeles. Residents benefit from easy access to renowned restaurants, shopping, entertainment, public transportation, and major freeway corridors. The LAR3 zoning on this corner lot provides attractive possibilities for investors, developers, and owner-users looking to capitalize on the continued growth of the surrounding area. One of the city's most desirable rental and ownership markets, supported by strong housing demand and a thriving population. Whether you're seeking a long-term investment, multi-generational living opportunity, or a property with future upside, this home offers a compelling opportunity in a premier Los Angeles location.

500 N Kingsley Dr, Los Angeles

Courtesy of Nelson Shelton & Associates, Faye Farzani - CA DRE#01113666

$688,000

26873571 MLS

Property priced at Land value! Opportunity to acquire a 3,800 sqf. LAR3-zoned land, between Melrose Hill and Larchmont Village to build on, or a fixer upper Duplex featuring 1,656 sqf of living space, presenting a future potential. Two side by side units of 1 bedrm, 1 bathroom each, on this land offering a versatile layout suitable for a variety of living arrangements and investment strategies. Open floor plan includes a charming living Rm, Dining Rm, kitchen with stainless steel appliances and granite countertops, laundry room, attic, one bedroom and one bathroom in each unit with a pleasing greenbelt view looking out the windows. Located in one of Los Angeles' most vibrant and centrally positioned neighborhoods, the property enjoys close proximity to Koreatown, Hancock Park, Downtown Los Angeles. Residents benefit from easy access to renowned restaurants, shopping, entertainment, public transportation, and major freeway corridors. The LAR3 zoning on this corner lot provides attractive possibilities for investors, developers, and owner-users looking to capitalize on the continued growth of the surrounding area. One of the city's most desirable rental and ownership markets, supported by strong housing demand and a thriving population. Whether you're seeking a long-term investment, multi-generational living opportunity, or a property with future upside, this home offers a compelling opportunity in a premier Los Angeles location.

500 N Kingsley Drive, Los Angeles

Listing courtesy of Listing Agent: Faye Farzani (fafar101@aol.com) from Listing Office: Nelson Shelton & Associates.

$8,000,000

AR26169606 MLS

Exceptional RTI (Ready-to-Issue) development opportunity at 408–414 S. Oxford Ave. (APNs: 5503-013-008 & 5503-013-009), totaling 17,930 SF of land, for a 6-story, 40-unit multifamily apartment project in one of Koreatown's most desirable residential neighborhoods. With permits ready to be issued, developers can begin construction immediately, significantly reducing entitlement time, carrying costs, and development risk. Positioned north of Wilshire Blvd., the property enjoys a highly sought-after location known for its wider streets, well-organized street grid, and attractive residential character. Directly across from a supermarket and just moments from Metro stations and public transportation, the site offers outstanding convenience and excellent connectivity throughout Los Angeles. Unlike many urban infill developments, the property is surrounded by well-maintained single-family homes, creating a rare sense of openness, enhanced privacy, abundant natural light, and an inviting residential atmosphere. The thoughtfully designed 6-story project features 40 spacious two-bedroom, two-bathroom residences, with most units offering bedrooms separated by living space rather than sharing a common wall, providing improved privacy, reduced noise transfer, and a superior living experience. The efficient architectural design incorporates a central open-air courtyard that maximizes natural light and cross-ventilation, creating bright, airy interiors and an inviting communal space for residents. This rare shovel-ready development opportunity combines a premier Koreatown location, superior product design, and immediate development readiness, offering developers an exceptional opportunity to deliver a highly competitive multifamily project with strong long-term investment potential.

408 S Oxford, Los Angeles

Listing courtesy of Listing Agent: Kuangkai Kuo (troykuo@yahoo.com) from Listing Office: In Realty Inc..

$1,300,000

26861879 MLS

Attention builders, developers, and savvy investors! Here is a rare, high-yield opportunity to break ground on a premier multi-unit project in one of Los Angeles' highest-demand rental markets, situated minutes from Silver Lake, Hollywood, Koreatown, Hancock Park, and Downtown LA. This prime LAR3 zoned lot comes with architectural plans for a modern development featuring three separate buildings totaling 5 premium units, positioned perfectly to capture strong local rental demand. According to the seller, the site is slated to be RTI in just two months according to the seller. Furthermore, current LAR3 zoning offers the enticing potential to maximize the site up to 10 total units (buyer to verify all development guidelines). Full architectural plans are available upon request. Do not miss the chance to lock down a project in a rapidly growing, centrally located transit hub before it's gone.

553 N Heliotrope Dr, Los Angeles

Courtesy of EstateX inc., Rosanna Russo - CA DRE#02087926

$1,300,000

26861879 MLS

Attention builders, developers, and savvy investors! Here is a rare, high-yield opportunity to break ground on a premier multi-unit project in one of Los Angeles' highest-demand rental markets, situated minutes from Silver Lake, Hollywood, Koreatown, Hancock Park, and Downtown LA. This prime LAR3 zoned lot comes with architectural plans for a modern development featuring three separate buildings totaling 5 premium units, positioned perfectly to capture strong local rental demand. According to the seller, the site is slated to be RTI in just two months according to the seller. Furthermore, current LAR3 zoning offers the enticing potential to maximize the site up to 10 total units (buyer to verify all development guidelines). Full architectural plans are available upon request. Do not miss the chance to lock down a project in a rapidly growing, centrally located transit hub before it's gone.

553 N Heliotrope Drive, Los Angeles

Listing courtesy of Listing Agent: Rosanna Russo (rrussorealty1@gmail.com) from Listing Office: EstateX inc..

Mid-Wilshire (C17) Land for Sale

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