Ikon Advisors is pleased to present 417 N Kenmore Ave, a vacant development opportunity located in the highly walkable Mid-Wilshire neighborhood of Los Angeles. The approximately 6,931 square foot corner lot measures approximately 66' x 105' and includes alley access, providing flexibility for site planning, parking, and overall design.

The property is zoned R3 and designated TOC Tier 3, with the potential to develop up to 9 units by right or up to 17 units utilizing TOC incentives, subject to applicable requirements and verification. The site may also present an opportunity for a fourplex or small lot subdivision, depending on the final development strategy and applicable approvals.

As vacant land, the property offers developers the ability to pursue a new project without existing residential tenants or demolition requirements. The property is also located within a qualified Opportunity Zone, adding another consideration for prospective investors and developers.

Situated south of Rosewood Avenue and north of Beverly Boulevard, the property is less than half a mile from the Vermont/Beverly Metro station and offers convenient access to Koreatown, Echo Park, Silver Lake, Downtown Los Angeles, restaurants, shopping, and public transportation. With its corner-and-alley configuration, transit-oriented location, and development potential, 417 N Kenmore Ave offers a versatile opportunity in a growing Los Angeles submarket.