715 Serrano

Los Angeles, CA, 90005

For Sale $14,300,000

0.28acre

Shen Schulz (310) 980-8809shen@shenrealty.com

Prime development opportunity in the heart of Koreatown. The offering consists of two contiguous parcels at 705 & 715 S Serrano Ave, currently improved with single-family residences and being sold together as a land value development site. The property is zoned R4-2 with TOC Tier 3 incentives, offering significant density bonus benefits and no height restriction, allowing for a large-scale multifamily development. The site has already cleared Historic designation, and demolition permits have been obtained, significantly reducing the entitlement timeline for developers. With the TOC Tier 3 density bonus, the project has the potential to accommodate 200+ residential units (Buyer to verify with the City). Located in one of Los Angeles' most dense and rapidly developing neighborhoods, the property is within close proximity to Wilshire Blvd, major transit corridors, restaurants, retail, and employment centers, making it an ideal opportunity for developers seeking a high-density multifamily project in Koreatown.

Get in touch

Interested in this property or one like it? Reach out today to talk with advertising agent Shen Schulz.

First name *

Last name *

Company/Organization

Email address *

Phone number

Enter your message here...

By checking this box and submitting your information, you agree to be contacted by Shen Realty via call, email, and text for real estate services. To opt out, you can reply “STOP” at any time or reply “HELP” for assistance. You can also click the unsubscribe link in our emails. Message and data rates may apply. Message frequency may vary. Data will not be sold or shared with third parties for promotional or marketing purposes. View our full Privacy Policy.

Listed by:

David Hong with Urban Real Estate, Inc.

(213) 318-0777

Yong Su Koh with Urban Real Estate, Inc.

(213) 318-0777

715 Serrano is a Land property located in Los Angeles, California, featuring a 0.276 acre lot, MLS #26665159.

Based on information from one of the following Multiple Listing Services: CRMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Trestle and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. All data, including all measurements and calculations of area, is obtained from various sources, is approximate, and has not been, and will not be, verified by broker or MLS. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. All information should be independently reviewed and verified for accuracy. No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of such measurements.

Data last modified: 2026-03-16 20:03:40