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1606 Menlo Avenue Los Angeles, CA $ 1,599,999
1606 Menlo Avenue
$ 1,599,999
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1606 Menlo Avenue

Los Angeles, CA, 90006
$ 1,599,999
Baths0.0

Monthly Estimate*

$ 9,982

Listed by Keller Williams Realty Calabasas
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Studio

Lots and Land for sale in Los Angeles, CA

for $1,599,999. The lot size is 0.1677.

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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Lots and Land Active

Price

$ 1,599,999

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 0

Style

Lot Size

0.1677

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SR25066561

Days on Market

275

Features
General
Sewer Public Sewer
Zoning LACM
HOA Fee 0
View None
Community Features Street Lights Sidewalks
County Los Angeles
New Construction 0
Property Type Land
HOA 0
Possible Use Commercial Multi-Family
Special Listing Conditions Standard
Status Active
Directions Intersection of Venice Blvd and Vermont Avenue
City Los Angeles
Senior Community Y/N 0
Zoning Description CM-1 \ R-3
MLS Area KREA - Koreatown
Lot Size Units Square Feet
Lot Size Square Feet 7303
Listing Terms Cash Cash to New Loan
Land Lease Y/N 0
Additional Parcels Y/N 0
Standard Status Active
Tax Lot 24
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Exterior
Fencing Average Condition Block Chain Link Wrought Iron
Lot Features Level Near Public Transit Rectangular Lot
Water Source Public
Lot Size Area 7303
Lot Dimensions 50 X 146
Lot Size Acres 0.1677
Lot Size Source Assessor
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* Excluded Features
List By
Keller Williams Realty Calabasas

Broker

propertiesbyliza@gmail.com

Email

Affordability Calculator

$9,982
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,982
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/28/2025$1,599,999 Listed Price

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1606 Menlo Avenue, Los Angeles, CA, 90006 is a Lots and Land for sale at $1,599,999 with a lot size of 0.1677. 1606 Menlo Avenue is a studio with 0.0 baths. The property's zip code is 90006 which is in Los Angeles, CA