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Executive Summary

±19,166 SF of Land
Excellent Development Opportunity
TOC Density Bonus Tier 4 Allows 87 Housing Units by Right
Excellent Koreatown Location - Close to Vermont / Olympic

Property Facts

Price $6,500,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
  • Apartment Units
Total Lot Size 0.44 AC
No. Stories 1
Zoning R4-1

1 Lot Available

Lot

Price $6,500,000
Price Per AC $14,773,029.45
Lot Size 0.44 AC
Very walkable
80/100
Moderately drivable
70/100
Exceptional public transit
90/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 5076-002-023
  • 5076-002-024
Land Assessment
$3,955,890
Improvements Assessment
$1,511,693
Total Assessment
$5,467,583
  • Listing ID: 38175262

  • Date on Market: 10/22/2025

  • Last Updated:

  • Address: 946-950 Menlo Ave, Los Angeles, CA 90006

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