Rare R4-2 zoned vacant lot in prime Koreatown! Approx. 9341 sqft. flat land for multifamily, condos, or Build-To-Rent (BTR) projects. Located near Wilshire Blvd., Downtown LA, and major transit (Fwy 10, 101, 110). Recent developments in the area include apartments, condos and adaptive reuse projects. Street frontage on Commonwealth Ave, with nearby utilities. Seller and Brokers do not guarantee the accuracy of square footage, zoning, unit potential, or development suitability. Buyer and Buyer's agent are advised to independently verify all information with appropriate professionals, public records, and city departments before proceeding. One of the seller is active CA Real Estate Licensee.
Lot/land
$1,987,000
362 S Commonwealth Ave, Los Angeles, CA 90020
--beds
--baths
9,339.26Square Feet
Unimproved Land
Built in ----
9,339.26 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 1 day
- on Zillow |
- 15 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: June 26, 2025 at 02:26pm
Listed by:
Julie Lee DRE # 00977271 213-718-3333,
I&J Properties 213-718-3333,
John Rhee DRE # 01211144 213-864-9031,
Choice 100 Realty, Inc.
Source: CLAW,MLS#: 25556407

Travel times
Facts & features
Property
Features
- Fencing: Fenced
- Has view: Yes
- View description: None
- Waterfront features: None
Lot
- Size: 9,339.26 Square Feet
- Features: Single Lot, Flats
Details
- Parcel number: 5501022020
- Zoning: LAR4
- Special conditions: Standard
Utilities & green energy
- Electric: In Street
- Sewer: In Street
- Water: Water District
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Tax assessed value: $1,874,421
- Annual tax amount: $22,790
- Date on market: 6/27/2025
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