240 S Normandie Avenue, Los Angeles, CA 90004
Presented for sale is a centrally located prime R4 lot for development in Los Angeles. Property is "ED-1 eligible site" which offers affordable housing developers amazing incentives! Your chance to build an amazing project in the heart of Los Angeles with no evictions, relocation assistance or SB8 replacement of protected units necessary as it will be delivered vacant. 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. This is not to be missed! Contact listing agent today!
Lot Size
9,004 sqft
Days on Market
189
HOA Fee
N/A
MLS #
OC25102562
Lot Features
Front Yard, Garden
Water Source
Public
Street Lights, Sidewalks
$0
| Rating | School Name |
|---|---|
9 | GreatSchools High (Demo) public School • ratio 22:1 |
7 | Valley View Elementary (Demo) public School • ratio 18:1 |
6 | Lincoln Middle School (Demo) public School • ratio 20:1 |
NR | St. Mary Example Academy (Demo) private School • ratio 12:1 |
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Based on price, location, and features
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