Address Withheld By Seller, Los Angeles, CA 90057

Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
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#:26646443
Source:CRMLS

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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 #:26646443
  • Added:1 day(s) ago
  • Updated:February 03, 2026 at 01:30 AM

Structure and exterior

  • Lot area:0.27 Acres

Finances and disclosures

  • Price:$3,000,000
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