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    6617 S Normandie Ave Los Angeles, CA 90044

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    For Sale
    $2,000,000

    Commercially zoned land suitable for retail or multifamily development.

    Property Features for 6617 S Normandie Ave

    General Information

    Standard status
    Active

    Source: VINCO VINCO REALTY & INVESTMENTS INC Agent CHRISTOPHER MARTINEZ DIAZ

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Expansive Land on Normandie Avenue

    The property at 6601-6617 S Normandie Avenue is an expansive land parcel spanning a full city block from 66th Street to 67th Street. The commercially zoned land (C2-1VL-CPIO) offers 20,817 square feet suitable for various development options, including retail commercial ventures or a multifamily development. This property is located in South Los Angeles, amidst R1 single-family lots to the rear and facing a main thoroughfare. The lot benefits from a welcoming neighborhood ambiance and great visibility. This property presents a development opportunity, potentially enhanced by newly proposed density bills, allowing for additional units and increased rental income. The substantial size eliminates hurdles associated with demolishing and replacing old units.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.30044
    Latitude
    33.97868

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    FAQs

    What type of property is this?
    Commercial land - Commercially zoned land suitable for retail or multifamily development.
    Where is this commercial land located?
    The property is located at 6617 S Normandie Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: - Large 20,817 sq ft commercially zoned (C2-1VL-CPIO) land spanning a full city block.; - Rare opportunity to develop on assembled parcels, saving time and resources.; - Eliminates demolition hurdles associated with replacing old units.
    Request Owner's contact information
    6617 S Normandie Ave Los Angeles, CA 90044
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6617 S Normandie Ave Los Angeles, CA 90044
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