715 S Serrano Avenue, Los Angeles, CA 90005

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
715 S Serrano Avenue,Los Angeles, CA 90005
$14,300,000
  • 0.28 Acres
  • Lots / Land
  • Active
Listed by: david hong, yong su koh
Office: urban real estate, inc.
MLS#:CL26665159
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$14,300,000

About this home

Prime development opportunity in the heart of Koreatown. The offering consists of two contiguous parcels at 705 & 715 S Serrano Ave, currently improved with single-family residences and being sold together as a land value development site. The property is zoned R4-2 with TOC Tier 3 incentives, offering significant density bonus benefits and no height restriction, allowing for a large-scale multifamily development. The site has already cleared Historic designation, and demolition permits have been obtained, significantly reducing the entitlement timeline for developers. With the TOC Tier 3 density bonus, the project has the potential to accommodate 200+ residential units (Buyer to verify with the City). Located in one of Los Angeles' most dense and rapidly developing neighborhoods, the property is within close proximity to Wilshire Blvd, major transit corridors, restaurants, retail, and employment centers, making it an ideal opportunity for developers seeking a high-density multifamily...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Listing ID #:CL26665159
  • Added:52 day(s) ago
  • Updated:May 10, 2026 at 02:21 PM

Structure and exterior

  • Lot area:0.28 Acres
  • Architectural Style:Unimproved Land

Finances and disclosures

  • Price:$14,300,000
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at May 10, 2026

New listings near 715 S Serrano Avenue