Presented for sale is a centrally located prime R4 lot for development in Los Angeles. Property is "ED-1 eligible site" which offers affordable housing developers amazing incentives! Your chance to build an amazing project in the heart of Los Angeles with no evictions, relocation assistance or SB8 replacement of protected units necessary as it will be delivered vacant. This lot boasts central location minutes to Hollywood, Silver Lake, Downtown LA or Korea Town with a WalkScore of 92/100 – walker’s paradise. The neighborhood has a lot of nearby conveniences, stores and restaurants. It is close to public transportation and major freeway access. Property is also located inside the Opportunity Zone, which can give major tax incentives to the right developer. Current structure is a 3-unit building. This is not to be missed! Contact listing agent today!
Property Details
Price:
$2,399,000
MLS #:
OC25102562
Status:
Active
Baths:
0
Address:
240 S Normandie Avenue 5518007013
Type:
Land
Neighborhood:
kreakoreatown
City:
Los Angeles
Listed Date:
May 8, 2025
State:
CA
ZIP:
90004
Lot Size:
9,004 sqft / 0.21 acres (approx)
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Front Yard, Garden, Lot 6500-9999
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- Address240 S Normandie Avenue 5518007013 Los Angeles CA
- AreaKREA – Koreatown
- CityLos Angeles
- CountyLos Angeles
- Zip Code90004
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240 S Normandie Avenue 5518007013
Los Angeles, CA
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