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Executive Summary

Great Koreatown Location 1 Block South of Wilshire Blvd
Multi-Family Development Site in the Heart of LA Koreatown
Up to 29 Multi-Family Units
TOC Tier 3 / Zoned R4-2
Walking distance to busy dining, shopping, and entertainment areas.
No demolition costs
Located in Opportunity Zone with big upside for developers.

Property Facts

Price $1,900,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
Total Lot Size 0.16 AC
Opportunity Zone Yes
Zoning R4-2

1 Lot Available

Lot

Price $1,900,000
Price Per AC $12,257,669.11
Lot Size 0.16 AC

Raw land in the heart of Koreatown.

Very walkable
80/100
Moderately drivable
60/100
Exceptional public transit
90/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
5094-003-007
Land Assessment
$1,777,860
Improvements Assessment
$0
Total Assessment
$1,777,860
  • Listing ID: 38175722

  • Date on Market: 10/22/2025

  • Last Updated:

  • Address: 734 S Ardmore Ave, Los Angeles, CA 90005

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