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730-732 S Vermont Ave
Los Angeles, CA 90005 Koreatown

$6,500,000 USD

Land For Sale  •  0.44 AC

Property Details

  • Property Type Land
  • Lot Size 0.44 AC
  • Zoning C2-1
100 Transit Score
80 Walk Score

Description

Fully Entitled to build 210 Units compromising of 40 Studios and 40 Pods ( Micro-Units).

Situated on a densely trafficked segment of South Vermont Avenue in the heart of Koreatown, this ±18,924-square-foot commercial land parcel in Los Angeles’ Wilshire Community Plan area is zoned C2 (General Commercial). The site boasts excellent visibility and frontage on a major north-south thoroughfare with proximity to high-frequency transit, including the Wilshire/Vermont Metro Station, and strong surrounding residential and employment density, making it well-suited for redevelopment, infill commercial investment or owner-user occupancy.

With its substantial lot size and commercial zoning, the property supports flexible site planning and development opportunities under Los Angeles’ zoning code, including potential mixed-use or Transit Oriented Communities (TOC) incentives given its location near a major transit stop. The flat, rectangular site offers direct street access, visibility to significant daily traffic flows, and strong walkability within this active Koreatown retail and professional services corridor.

Highlights

Fully Entitled Permits - Shovel Ready
Suited to Redevelop in a highly desirable prominent Infill location
Major Transportation Hub with proximity to High-Frequency transit
Great building incentives through the City of Los Angeles
Excellent Visibility and Frontage with Heavy Daytime Traffic
Strong Surrounding residential and employment density

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 - 5.0 mi
Transit/SubwayDriveWalkDistance
Wilshire/Vermont Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 1 min 7 min 0.4 mi
Wilshire/Normandie Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 15 min 0.7 mi
Westlake/MacArthur Park Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 19 min 1.0 mi
AirportDriveWalkDistance
Bob Hope 21 min - 12.6 mi
Los Angeles International 24 min - 13.7 mi
Long Beach (Daugherty Field) 32 min - 23.5 mi
Dean Kinan 818-742-1608 NAI Capital
Dean Kinan 818-742-1608 NAI Capital