3028 W. 7th - Commercial LAND FOR SALE


Los Angeles, CA 90005- Koreatown9,296 SF
$2,750,000 USD
213-804-7548
3028 W. 7th, Los Angeles, CA for Sale
$2,750,000 USD
Commercial LAND - FOR SALE
1/3
9,296 SF

3028 W. 7th
Los Angeles, CA 90005
Koreatown


HIGHLIGHTS

  • Located in Koreatown, one of Los Angeles’ most dynamic and densely populated districts.
  • 0.21-acre commercial parcel within an Opportunity Zone offers potential tax advantages for qualifying projects.
  • High visibility with strong walkability (Walk Score: 80) and exceptional public transit access (Transit Score: 100).
  • Zoning LAC2 supports a variety of commercial development options; buyer to verify specific uses with the City.
  • Positioned near major transportation routes including Wilshire Boulevard and the 101 Freeway, ensuring regional connectivity.
  • Surrounded by robust residential and commercial growth, creating strong demand drivers for development.

OVERVIEW

3028 W. 7th Street offers a rare investment and development opportunity within Los Angeles’ Koreatown district, one of the city’s most vibrant and accessible neighborhoods. This 0.21-acre site is zoned LAC2 (Commercial), creating flexibility for a range of potential uses. Its placement within an Opportunity Zone provides the added benefit of preferential tax incentives for qualified investors, enhancing the financial appeal of redevelopment projects. The property’s location delivers outstanding connectivity and walkability, boasting a Walk Score of 80 and superb access to regional public transportation with a Transit Score of 100. Nearby thoroughfares include Wilshire Boulevard, Vermont Avenue, and the 101 Freeway, ensuring seamless access to Downtown Los Angeles, Hollywood, and the Westside. The surrounding area supports strong demand driven by dense residential development, growing retail corridors, and a thriving business ecosystem. This site is ideal for an investor or developer seeking a prime urban infill opportunity with significant long-term upside in a high-demand submarket.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/ACRE

$12,887,564/AC

PRICE/SF

$296 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

3028 W. 7th St.

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial

LAND ACRES

0.21 AC

LAND SF

9,295 SF

OFFSITE IMPROVEMENTS

-

ZONING

LAC2

APN/PARCEL ID

5077-017-003

ASK ABOUT THIS PROPERTY

Ryan OhColdwell Banker Commercial Wilshire PropertiesMore Info
213-804-7548

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Ryan OhColdwell Banker Commercial Wilshire PropertiesMore Info
213-804-7548

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.