$ 2,800,000
240 S Normandie Avenue Los Angeles, CA 90004
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$ 2,800,000
Est. payment | /mo
9,004 Sqft Lot
$ 2,800,000
Est. payment | /mo
9,004 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC24086104
HOA Y/N No
Lot Size 9,004 Sqft
Acres 0.21
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 Listing
Zoning LAR4
Interior
Fireplace No
Exterior
Utilities Available Other Water/Sewer, Sewer Connected, Water Connected
View Y/N true
View City Lights, Other
Building
New Construction No
Others
Tax ID 5518007013
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by E. Jaz Pinca • EJP & Associates
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