Homes for sale - 240 S Normandie AVE, Los Angeles, CA 90004

Additional details

JLee Broker

[email protected] +1(650) 857-1000

Listed by E. Jaz Pinca • EJP & Associates

$2,800,000

Est. payment - /mo

9,004 Sqft Lot

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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Other Residential Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CROC24086104

Originating Board California Regional MLS

Lot Size 9,004 Sqft

Property Sub-Type Other Residential Land

Property Description

Presented for sale is a centrally located prime R4-1 lot for development in Los Angeles. Property is "ED-1 eligible site" which offers affordable housing developers amazing incentives such as unlimited density & height increase bonus, zero parking requirements, 100% increase of base FAR ratio, streamlined and faster ministerial approval process and many more. 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 which will be delivered vacant. No eviction, relocation assistance or SB8 replacement of protected units/tenants necessary. This is not to be missed! Contact listing agent today!

Location

State CA

County Los Angeles

Area Krea - Koreatown

Zoning FY,GDN,LW,LSR

Exterior

View Local/Neighborhood, City Lights

Building

Water District - Public

Others

Tax ID 5518007013

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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240 S Normandie AVE Los Angeles, CA 90004

JLee Broker

Key Details

Location

Exterior

Building

Others

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