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3028 W. 7th
Los Angeles, CA 90005 Koreatown

$2,750,000 USD

Land For Sale  •  0.21 AC

Property Details

  • Property Type Land
  • Lot Size 0.21 AC
  • Zoning LAC2
100 Transit Score
80 Walk Score

Description

3028 W. 7th Street in Los Angeles is a 0.21-acre parcel designated for commercial use. The site is within Koreatown and inside an Opportunity Zone as recognized by state officials. The property is zoned LAC2 (Commercial), and current public records indicate an assessed land value of $2,448,000. The parcel is recorded under Assessor’s Parcel Number 5077-017-003. The location provides excellent connectivity to regional transportation networks and is served by robust public transit options.

Highlights

Located in Koreatown, one of Los Angeles’ most dynamic and densely populated districts.
0.21-acre commercial parcel within an Opportunity Zone offers potential tax advantages for qualifying projects.
High visibility with strong walkability (Walk Score: 80) and exceptional public transit access (Transit Score: 100).
Zoning LAC2 supports a variety of commercial development options; buyer to verify specific uses with the City.
Positioned near major transportation routes including Wilshire Boulevard and the 101 Freeway, ensuring regional connectivity.
Surrounded by robust residential and commercial growth, creating strong demand drivers for development.

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 12 min - 4.4 mi
9 min - 4.4 mi
Transit/SubwayDriveWalkDistance
Wilshire/Vermont Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 5 min 0.3 mi
Wilshire/Normandie Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 16 min 0.8 mi
Westlake/MacArthur Park Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 3 min 17 min 0.9 mi
AirportDriveWalkDistance
Bob Hope 22 min - 12.7 mi
Los Angeles International 24 min - 13.8 mi
Long Beach (Daugherty Field) 33 min - 23.5 mi
Ryan Oh 213-804-7548 Coldwell Banker Commercial Wilshire Properties
Ryan Oh 213-804-7548 Coldwell Banker Commercial Wilshire Properties