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507 N Larchmont Blvd - Larchmont Village Development Opportunity 0.16 Acres of Commercial Land Offered at $4,087,457 CAD in Los Angeles, CA 90004



Investment Highlights
- Located on Larchmont Boulevard within a highly walkable neighborhood featuring shops, dining, and services.
- Excellent accessibility to Wilshire Boulevard, Melrose Avenue, and Hollywood.
- Consistent pedestrian activity and strong local demographics enhance long-term investment appeal.
- Approximately 7,000-square-foot lot with LAC2 zoning, supporting mixed-use or boutique development potential.
- Surrounded by established neighborhoods including Hancock Park, Windsor Square, and Koreatown.
Executive Summary
Property Facts
1 Lot Available
Lot 1
| Price | $4,087,457 CAD | Lot Size | 0.16 AC |
| Price Per AC | $25,546,605.76 CAD |
| Price | $4,087,457 CAD |
| Price Per AC | $25,546,605.76 CAD |
| Lot Size | 0.16 AC |
0.16 acres of level, previously-developed land.
Description
Zoned LAC2, the property allows for a range of potential uses, including residential, mixed-use, or boutique commercial development (buyer to verify). Its central location offers excellent connectivity to major thoroughfares such as Wilshire Boulevard, Melrose Avenue, and Hollywood, as well as proximity to established neighborhoods like Hancock Park, Windsor Square, and Koreatown. This combination of zoning flexibility, strong demographics, and a walkable urban setting makes 507 N Larchmont Blvd an exceptional opportunity for those seeking to create value in a vibrant Los Angeles corridor.
Property Taxes
| Parcel Number | 5523-016-021 | Improvements Assessment | $447,213 CAD |
| Land Assessment | $1,788,865 CAD | Total Assessment | $2,236,078 CAD |
Property Taxes
Presented by
THE Real Estate Agency
507 N Larchmont Blvd - Larchmont Village Development Opportunity
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