6601 Normandie Ave Los Angeles, CA 90044-2633
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
LAC2 · Los Angeles, CALos Angeles. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.