Homes for sale - 240 S Normandie AVE, Los Angeles, CA 90004

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Candice Blair

candice@candiceblairgroup.com +1(949) 466-0620

$ 2,800,000

Est. payment -/mo

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Active

240 S Normandie AVE Los Angeles, CA 90004

9,004 SqFt

UPDATED:

10/23/2024 06:07 PM

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Square Footage 9,004 sqft

Price per Sqft $310

MLS Listing ID OC24086104

HOA Y/N No

Lot Size 9,003 Sqft

Acres 0.2067

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 Krea - Koreatown

Zoning LAR4

Exterior

Community Features Sidewalks, Street Lights

Utilities Available Electricity Connected, Sewer Connected, Water Connected

View Y/N Yes

View City Lights, Neighborhood

Building

Lot Description Front Yard, Garden, Lot 6500-9999, Rectangular Lot

Water Public

New Construction No

Others

Senior Community No

Special Listing Condition Standard

Confidential INFO

TERMS Cash,Cash To Existing Loan,Cash To New Loan,Conventional,Submit

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

PRIVATE REMARKS Broker/Agent does not guarantee accuracy of square footage, lot size, ordinances, zoning, rent control, permits, use code, schools and/or other information concerning the conditions or features of the property provided by the seller or obtained from public record or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection & with appropriate professionals.

SHOW CONTACT TYPE Agent

SHOW CONTACT NAME E. Jaz Pinca

SHOW CONTACT PH 949-636-8632

SHOW INSTRUCTIONS Drive by only, please do not disturb tenants. Kindly contact listing agents for any questions or additional information.

Listed by EJP & Associates

Candice Blair

Broker Associate | License ID: 01395953 ‌

+1(949) 466-0620

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