Koreatown Development Site! This unique property of 12,539 SF and zoned C2 consists of two adjacent parcels that offer significant potential for developers looking to capitalize on a high-density, transit oriented neighborhood. Situated in the 90005 ZIP code, the site sits strategically in the high-growth Koreatown/Westlake corridor. Residents benefit from being a ten-minute walk from the MacArthur Park Metro station, providing seamless access to the B and D subway lines. The immediate area is rich with amenities, including the historic MacArthur Park, Southwestern Law School, and the diverse retail and dining landscape of nearby Koreatown. The neighborhood is currently undergoing a significant urban evolution, driven by its central location and proximity to major employment centers in Downtown Los Angeles and Hollywood. Please visit the Property Website to execute the Confidentiality Agreement and access the Virtual Deal Room.
| MLS # | 26672535 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 148 |
| Listing Provided By | CB Richard Ellis, Inc. | Adam Peterson |
| Zoning | LAC2 |
|---|---|
| Acreage | 0.29 |
| Property View | None |
| Sewer | Other |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90005 |
| Area | C17 Mid Wilshire |
| Listing VS Median (in 90005) | |
Price: $2,100,000 low | high Med: $2,495,000 On site: 148 low | high Med: 50 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90005 |
| Area | C17 Mid Wilshire |
| Listing VS Median (in 90005) | |
Price: $2,100,000 low | high Med: $2,495,000 On site: 148 low | high Med: 50 | |
![]() | $1,450,0002765 W 8thLos Angeles, CA 90005 |