Land For Sale • 0.44 AC
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.
| 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 |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 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/Subway | Drive | Walk | Distance |
| 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 |
| Airport | Drive | Walk | Distance |
| Bob Hope | 21 min | - | 12.6 mi |
| Los Angeles International | 24 min | - | 13.7 mi |
| Long Beach (Daugherty Field) | 32 min | - | 23.5 mi |