• 854 S Normandie Avenue Los Angeles, CA 90005

  • $4,900,000
  • 0
    Sq Ft
  • 13240
    Sqft
  • Listed By: Sara Joata, The Agency, DRE #02168012
  • Source: CRMLS

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!

Property Type :

Land

County :

Los Angeles

Style :

Land

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Property Details

 

Bathroom Information

Total Baths: 0

Full Baths: 0

Half Baths: 0

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.3039

Lot Size Source: Vendor Enhanced

Lot Size Square Feet: 13240

Listing Price Information

Original List Price: 4,900,000

Listing Contract Date: 2022-11-29

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5094018001

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: C17 - Mid-Wilshire

Postal Code Plus 4: 2144

Directions: Corner of south Normandie Ave and James M Wood Blvd

Zoning: LAR4

Source Property Type: Land

Area: C17 - Mid-Wilshire

Building and Construction

Year Built Source: Vendor Enhanced

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ByOwner last updated this listing 05/06/2024 @ 18:35

MLS: 22221437
LISTED BY: Sara Joata, The Agency
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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