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
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Interior Features
Roof: TileLaundry Features: See Remarks -
Heating & Cooling
Has Heating: Yes Heating: See Remarks Has Cooling: Yes Cooling: See Remarks
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Building Information
Year Built: 1942Building Area Total: 3559Stories: 2Pool Features: NonePrivate Pool: NoView: None
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Lot Information
Main Square Feet: 5944 Lot Size Acres: 0.1365 Lot Size Source: Assessor Lot Size Square Feet: 5,944 Lot Description: 2-5 Units/Acre
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Listing Price Information
Listing Price: $1750000Cash, Conventional, Submit
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Tax Information
Parcel Number: 5518006007 Tax Lot: 1
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Virtual Tour
Parking Information
Parking Total: 4 GarageGarage Information
Has Garage: Yes Garage Space: 4
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Utility Information
Electricity Available, Natural Gas Connected, Sewer Connected, See Remarks, Water Connected -
Location Information
Direction: On Normandie Ave, north of 3rd St and South of Beverly Blvd WaterSource: Public
How much is this property worth?
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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 | 7,168 Sqft |
| 211 S Hoover Street, Los Angeles, CA, 90004 | $2,750,000 | 3 | 3 | 6,448 | 7,988 Sqft |
| 548 N Kenmore, Los Angeles, CA, 90004 | $1,595,000 | 8 | 4 | 5,276 | 9,602 Sqft |
| 4214 Rosewood, Los Angeles, CA, 90004 | $1,450,000 | 10 | 4 | -- | 6,475 Sqft |
| 616 N Mariposa Ave Avenue, Los Angeles, CA, 90004 | $3,065,000 | 12 | 16 | -- | 7,124 Sqft |
| 109 S Catalina Street, Los Angeles, CA, 90004 | $1,600,000 | 8 | 4 | 5,540 | 8,529 Sqft |
| 328 N Mariposa, Los Angeles, CA, 90004 | $1,350,000 | 8 | 4 | -- | 8,405 Sqft |
| 422 Normandie Place, Los Angeles, CA, 90004 | $750,000 | 5 | 3 | -- | 4,346 Sqft |
| 422 Normandie Place, Los Angeles, CA, 90004 | $750,000 | 5 | 3 | 1,538 | 4,346 Sqft |
| 4452 Rosewood Avenue, Los Angeles, CA, 90004 | $799,949 | 2 | 2 | 1,624 | 4,618 Sqft |
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ByOwner last updated this listing 09/03/2026 @ 01:39
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