121 S OXFORD AVE S Los Angeles, CA 90004

Apartment development opportunity at one of the best multi-family development site in Mid-Wilshire , Koreatown. Total lot size is 14,305 sf (approximately 100' x 143') and its under R4-1 zoning allowing total 35 units (or more with bonus density). New luxury condo Solair ) along with Madang outdoor mall, and Wilshire and Western Metro Red line are within five blocks south of the subject property. Western Avenue from Olympic Boulevard to Beverly Boulevard, along with 6th Street from Western to Vermont are considered as the prime retail core of the Mid-Wilshire Koreatown. New luxury apartment, The Vermont by JH Snyder, at the corner of Wilshire Boulevard and Vermont Avenue is nearing its completion which will set a new level of luxury apartment in Mid-Wilshire.Mid Wilshire is at its prime with non rent controlled post 1978 built construction apartments trading above $240/sf. and newer condos at approximately $400 sf