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1228 Normandie Ave Los Angeles, CA 90006

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For Sale
$2,400,000

Assemblage of three parcels totaling 0.41 acres in Los Angeles.

Lot size:
0.41 Acres

Property Features for 1228 Normandie Ave

General Information

Zoning
R4-1VL
Lot size
0.41 Acres

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Listing Contact
Jonathan Cuticelli
Source: Hilcorealestatesales

Listing Agent: Jonathan Cuticelli

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

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Overview

Development Opportunity Near Koreatown

Located within an Opportunity Zone, this assemblage of three contiguous parcels totals approximately 0.41 acres. The parcels are located off West Pico Boulevard on the edge of Koreatown and Harvard Heights. The area is undergoing rapid development. A prior proposal envisioned a 100% affordable housing development, featuring a five-story building with elevator service, 75 residential units, and 12 parking spaces. The site offers easy access to two major interstates, I-10 and I-110, and is situated in a heavily traveled area of West Pico Boulevard and South Normandie. Future ownership can complete the project under the prior development plans or utilize the site to turn their own vision into a reality.
Location Intelligence

Current Use by Public Records

Land

Suggested Use

Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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
-118.29984
Latitude
34.0482

FAQs

What type of property is this?
Land - Assemblage of three parcels totaling 0.41 acres in Los Angeles.
Where is this land located?
The property is located at 1228 Normandie Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: - Opportunity Zone location offering potential tax benefits.; - Assemblage of three contiguous parcels totaling 0.41± acres.; - Located in a downtown Los Angeles neighborhood undergoing rapid development.
More about this property
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