Active

854 S Normandie Avenue

Los Angeles CA, 90005

$4,900,000


$370.09 per sqft

Active

0.3 Acres

Land

Listed by Sara Joata with The Agency 424-230-3700

We are excited to present this spectacular corner lot development opportunity in prime Koreatown! The existing building consists of seven units and includes plenty of parking. With tier 3 zoning and a lot size of over 13,000 square feet, this building can be delivered vacant for a very promising development opportunity for 90 affordable units. Plans have been submitted and property can be delivered RTI (Buyer to pay permit fees) This amazing property is located in the heart of Koreatown, a rising area for development with nearby office buildings, hotels, retail, restaurants and a very unique nightlife!

22221437

MLS ID

November 29, 2022

Listed

July 14, 2024

Updated

Map

854 S Normandie Avenue
Los Angeles CA, 90005

Exterior/Building Features

Lot Size

0.3 Acres

Other Property Details

Area Name

C17 - Mid-Wilshire


Days on Market

589


Garage

No


Parking Total

0


View

Yes


County

Los Angeles


Pool

No


Zoning

LAR4


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

7/21/2023

Price Change

$4,900,000

8%

Listing Contact: 424-230-3700 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 7/14/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 7/14/2024 at 6:07 AM UTC

 

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