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Property profile & analytics
OFF-MARKET
Commercial land

6601 Normandie Ave Los Angeles, CA 90044-2633

0.08 ac lot Built 1924
Entity Owned Absentee Owner Free & Clear
Property ID
US10-0464218
Property summary
AI-generated overview

This exceptional investment opportunity presents a 20,777 square foot multifamily and retail property situated on a 0.48-acre lot in Los Angeles, CA. The property, encompassing multiple addresses (6601, 6607, and 6611 S. Normandie Avenue, and 1412 W. 66th Street), boasts a highly desirable C2-1VL-CPIO zoning designation, making it ideal for various development projects. Its location in South Los Angeles offers significant advantages, including proximity to major transportation arteries like the 110 Interstate, and established retail and employment centers. The flat lot, with over 180 feet of frontage on Normandie Avenue, eliminates the need for costly grading, while its ED1 designation presents an optimal opportunity for low-income housing development. The property's APN numbers are 6015-016-029, 6015-016-030, 6015-016-003, 6015-016-004, and 6015-016-005. This unique offering presents a rare chance to acquire a substantial property in a rapidly growing area, with significant potential for future appreciation and strong rental income. The low Vehicle Miles Traveled (VMT) further enhances its appeal for high-density development. This is an irreplaceable South Los Angeles location with a vacant lot and no SB8 replacement units required. The zip codes associated with the property are 90044 and 90047.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1924
Lot 0.08 ac (3,437 SF)
Zoning code LAC2
APN 6015-016-029
UPID US10-0464218
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
CHOW HARRY EST
CHOW HARRY EST
1 recorded transaction
1968
Price N/A
Zoning & alternative use
LAC2 · Los Angeles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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