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 bustling atmosphere, Koreatown is a unique blend of tradition and modernity, offering an array of experiences that cater to all lifestyles. With its lively streets adorned with colorful murals, authentic eateries, and an array of shops, this area is a true gem in the City of Angels.

Koreatown is not only famous for its delectable Korean cuisine, but it also boasts a diverse culinary scene that includes everything from trendy cafes to upscale dining establishments. The neighborhood is a cultural hub, hosting numerous festivals and events that celebrate its rich heritage, making it a fantastic place to immerse yourself in a vibrant community.

For those seeking investment opportunities, there is land for sale in this thriving area. With its strategic location and ongoing development projects, investing in Koreatown offers the potential for significant returns. The demand for housing and commercial spaces continues to rise, driven by the neighborhood's desirable amenities and proximity to downtown Los Angeles.

Imagine the possibilities of owning a piece of this dynamic community. Whether you envision a chic residential development or a bustling retail space, the land available in Koreatown presents an exciting opportunity to be part of a neighborhood that is constantly evolving. Embrace the chance to create something extraordinary in a place that beautifully balances the old and the new, where every corner tells a story waiting to be discovered. Don’t miss out on your chance to invest in Koreatown, where culture, community, and opportunity converge!

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.