148 S Normandie Avenue
Los Angeles, CA 90004
7
Bed
6
Bath
3,559Sqft
5,944Sqft(Lot)
Prime Koreatown Covered Land Play & Value-Add Opportunity! This exceptional site features high-density LAR4 zoning with a TOC Tier 2 designation, unlocking massive density bonuses, increased FAR, and reduced parking requirements for a future luxury residential complex. Positioned within an official Qualified Opportunity Zone (QOZ), the property offers incoming investors substantial tax incentives and capital gains deferrals. Located in the highly desirable Wilshire Center/Koreatown submarket (90004), 148 S Normandie Ave is situated on a prime ±5,944 sq. ft. corner lot, perfectly pairing stable immediate cash flow with massive development upside. Operational flexibility with the current tenants are on Month-to-Month leases, delivering a frictionless path for a developer looking to break gr
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Water/Sewer
Water Source: Public Sewer: Public Sewer -
Interior Features
Roof: Tile Fireplace: See Remarks -
Cooling Features
See Remarks Air ConditioningHeating Source
See Remarks Has HeatingFireplace
Fireplace Features: See Remarks Has Fireplace: 1
-
Building Information
Year Built: 1942 Building Area Total: 3,559 Roof: Tile -
Foundation
See Remarks -
Pool Features
NoneLaundry Features
See RemarksFencing
See Remarks
-
Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1365 -
Lot Size Source: Assessor Lot Size Square Feet: 5944
-
Listing Price Information
Original List Price: 1,750,000 Listing Contract Date: 2026-06-30 -
Lease Information
Listing Agreement: Exclusive Right To Sell
-
Tax Information
Parcel Number: 5518006007
-
Garage and Parking
Garage Description: GarageHomeowners Association
-
Other Property Info
Source Listing Status: Active Source Neighborhood: C17 - Mid-Wilshire Directions: On Normandie Ave, north of 3rd St and South of Beverly Blvd Source Property Type: Residential Income Area: C17 - Mid-Wilshire Property SubType: Duplex -
Building and Construction
Property Age: 84 Common Walls: No Common Walls Structure Type: Duplex Year Built Source: Public Records Entry Level: 1 Entry Location: 1 Levels or Stories: Two Building Total Stories: 2
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 316 N Virgil Avenue, Los Angeles, CA, 90004 | $979,999 | 6 | 4 | 1,278 | 1,278 SqFt |
| 152 S Westmoreland Avenue, Los Angeles, CA, 90004 | $2,200,000 | 8 | 4 | 4,836 | 4,836 SqFt |
| 548 N Kenmore, Los Angeles, CA, 90004 | $1,595,000 | 8 | 4 | 5,276 | 5,276 SqFt |
| 4214 Rosewood, Los Angeles, CA, 90004 | $1,499,000 | 10 | 4 | 4,581 | 4,581 SqFt |
| 310 N Kenmore Avenue, Los Angeles, CA, 90004 | $1,399,000 | 3 | -- | 2,496 | 2,496 SqFt |
| 109 S Catalina Street, Los Angeles, CA, 90004 | $1,600,000 | 8 | 4 | 5,540 | 5,540 SqFt |
| 120 N Hobart Boulevard, Los Angeles, CA, 90004 | $1,498,000 | 5 | 4 | 2,616 | 2,616 SqFt |
| 142 148 S Manhattan Pl.., Los Angeles, CA, 90004 | $1,975,000 | -- | -- | 5,136 | 5,136 SqFt |
| 139 S Manhattan, Los Angeles, CA, 90004 | $1,850,000 | 12 | 8.5 | 5,204 | 5,204 SqFt |
Similar Multifamily To 148 S Normandie Avenue
Nearby For Sale
Copyright © 2026 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
ByOwner last updated this listing 07/07/2026 @ 15:56
More Cities with for Sale by Owner Homes
- Los Angeles Homes For Sale By Owner
- Huntington Park Homes For Sale By Owner
- Maywood Homes For Sale By Owner
- South Gate Homes For Sale By Owner
- Bell Gardens Homes For Sale By Owner
- Lynwood Homes For Sale By Owner
- Bell Homes For Sale By Owner
- East Los Angeles Homes For Sale By Owner
- View Park Homes For Sale By Owner
- Inglewood Homes For Sale By Owner
- Commerce Homes For Sale By Owner
- City Terrace Homes For Sale By Owner
- Gardena Homes For Sale By Owner
- Los Angeles Homes For Sale By Owner
- Compton Homes For Sale By Owner
- Paramount Homes For Sale By Owner
- Monterey Park Homes For Sale By Owner
- Downey Homes For Sale By Owner
- Montebello Homes For Sale By Owner
- El Sereno Homes For Sale By Owner
Homes around $1,750,000
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.