Koreatown (KREA) Land for Sale

Welcome to Koreatown (KREA), a vibrant and culturally rich neighborhood nestled in the heart of Los Angeles, California. Known for its dynamic blend of tradition and modernity, Koreatown is a thriving hub that offers a unique lifestyle characterized by a diverse culinary scene, lively entertainment options, and a strong sense of community.

As one of the most densely populated neighborhoods in Los Angeles, Koreatown boasts an eclectic mix of residential and commercial spaces, making it an attractive destination for both investors and homebuyers. The area is renowned for its authentic Korean restaurants, bustling markets, and trendy cafes, ensuring that there’s always something new to discover. With its close proximity to downtown Los Angeles, residents enjoy easy access to major attractions, cultural institutions, and employment opportunities.

If you’re considering a real estate investment, we are excited to present an exceptional opportunity: land for sale in Koreatown. This prime parcel is strategically located, providing endless possibilities for development or personal use. Whether you envision creating a boutique hotel, a stylish condominium complex, or a charming single-family home, the potential is limitless in this thriving neighborhood.

Koreatown’s ongoing revitalization and investment in infrastructure make it an ideal location for forward-thinking investors. With a strong demand for housing and commercial spaces, now is the perfect time to seize this opportunity. Embrace the vibrant lifestyle of Koreatown and explore the possibilities that await you in this dynamic community!

Newest Koreatown (KREA) Land for Sale

$16,000,000

PW26115024 MLS ⋅ Active Status

Six-Parcel Development Site and Surface Parking Property for Sale Near Downtown Los Angeles 1313–1337 W. 11th Place, Los Angeles, California 90015, a six-parcel land assemblage totaling approximately 68,707 square feet, or 1.57 acres with CMO1 zoning. The offering consists of two sites positioned across W. 11th Place, with corner locations and frontage along three streets. The property is paved, fenced and currently configured as an established surface parking operation with approximately 280 parking spaces. Its existing configuration may provide a buyer with the opportunity to continue operating public parking while evaluating longer-term plans for the property. The site may also appeal to parking operators, EV-charging companies, fleet-charging operators and investors seeking a potential electric-vehicle charging parking facility in Los Angeles. Any EV-charging conversion would be subject to the buyer’s confirmation of electrical-service capacity, utility requirements, permitting, site design and governmental approvals. For developers, the assembled parcels provide a substantial infill land opportunity near Downtown Los Angeles. Property marketing materials identify the zoning as Commercial Manufacturing and describe potential commercial, mixed-use and housing development possibilities. Buyers should independently verify zoning, allowable uses, development density, overlays, entitlements and applicable land-use regulations with the City of Los Angeles. The property offers convenient access to the 110 Freeway near its convergence with the 10 Freeway and is located near major Downtown Los Angeles destinations, including Crypto.com Arena, L.A. LIVE and the Los Angeles Convention Center. These location characteristics may support continued event parking, commuter parking, EV charging or future redevelopment. This offering provides multiple potential acquisition strategies: Continue the existing surface parking use Evaluate public or event-parking operations Explore an EV-charging or fleet-charging facility Hold the land for future redevelopment Pursue a commercial, mixed-use or housing development concept All proposed uses, improvements and development plans are subject to zoning, permits, entitlements, utility availability and governmental approval. Prospective buyers should independently verify all property information and conduct their own due diligence. The sale is subject to bankruptcy court approval.

1337 W 11th, Los Angeles

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.