Address Withheld By Seller, Los Angeles, CA 90057

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
Address Withheld By Seller,Los Angeles, CA 90057
$3,000,000
  • 0.27 Acres
  • Lots / Land
  • Active
Listed by: adam peterson
Office: cb richard ellis, inc.
MLS#:CL26646443
Source:Bay East, CCAR, bridgeMLS

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Price summary

  • Price:$3,000,000

About this home

The subject site at 521-525 S. Carondelet St. is a vacant rectangular 2-lot development site located in the Mid-Wilshire/Lafayette Park area on the eastern edge of Koreatown. Zoning designation is LAR4-1 with a Tier 3 TOC status for increased density, FAR and reduced parking. The immediate area is one of the most investment rich locations in all of Los Angeles with new developments like the 644-unit Kurve on Wilshire (completed by Greystar in 2021) and historic trophy apartments like the Wilshire Royale, the Asbury, the Bryson and The Town House dotting the skyline. The iconic Art Deco Bullocks Wilshire historic-cultural monument is just a few blocks away from 521 S. Carondelet, purchased and repurposed by Southwestern Law School in 1994. CoStar estimates that multifamily vacancy in Koreatown is currently elevated, reflecting the delivery of nearly 3,850 new units over the past 24 months. This recent supply influx has temporarily increased availability; however, the submarket...

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Home facts

  • Listing ID #:CL26646443
  • Added:52 day(s) ago
  • Updated:March 29, 2026 at 02:22 PM

Structure and exterior

  • Lot area:0.27 Acres
  • Architectural Style:Unimproved Land

Finances and disclosures

  • Price:$3,000,000
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 March 29, 2026

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