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Land For Sale • 0.29 AC
Colliers is pleased to offer an all-in-one advantage to anyone looking in Koreatown, greater downtown Los Angeles area for an investment or redevelopment opportunity. Not only is 315 Vermont Avenue zoned for high-density residential or mixed-use development, it is also a prime location that offers easy access to all the restaurants and cultural events the core of Los Angeles has to offer. With access to the Metro Red Line just steps away this potential development makes for a truly unique opportunity.
| Can be entitled for ±60 units (per the Seller) |
| Transit-oriented location directly adjacent to the LA Metro Vermont/Beverly Station |
| Easy access to multiple freeways including the 101, whose entrance is a block away |
| Centralized location allows for quick and easy access to other highly desirable neighborhoods such as Echo Park, Silver Lake and Hollywood |
| Koreatown is an established market for new, market-rate, multifamily development with high rent justification |
| Frontage along Vermont Ave and positioning next to the Metro station on Beverly Blvd allows for nearly 180 degrees of visibility |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) | 6 min | - | 3.8 mi |
| Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) | 8 min | - | 4.0 mi |
| Transit/Subway | Drive | Walk | Distance |
| Vermont/Beverly Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 0 min | 0 min | 0.0 mi |
| Vermont/Santa Monica Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 1 min | 17 min | 0.9 mi |
| Wilshire/Vermont Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 2 min | 20 min | 1.1 mi |
| Airport | Drive | Walk | Distance |
| Bob Hope | 19 min | - | 11.4 mi |
| Los Angeles International | 25 min | - | 14.9 mi |
| Long Beach (Daugherty Field) | 34 min | - | 24.8 mi |
Adam Tischer
Colliers
Adam Tischer
Colliers
