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854 S Normandie Avenue, Los Angeles, CA, 90005

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$4,650,000
8 Days Online

854 S Normandie Avenue
Los Angeles, CA 90005

For Sale|Land|Active
County:
Los Angeles

Due to the continued health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: 503.200.4823
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503.200.4823
854 S Normandie Avenue
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Monthly Payment (Est.)

$21,215
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

854 S Normandie Avenue is an attractive development opportunity for a developer looking to build a new multi-family project in a well established apartment market with good demographics that are becoming stronger. The property allows for up to 90 affordable housing units by using AB 2334 state law which provide multiple bonus incentives for a 100% affordable housing project. Preliminary plans have been prepared for 90 affordable housing units using modular construction, which can reduce construction timelines by approximately 50%. It's in an excellent Koreatown location just south of Wilshire Boulevard, nearby to abundant amenities. and is within blocks of Metro Rail Stations for the B line at Wilshire/Vermont, and D line at Wilshire/Western and Wilshire/Normandie

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Listing Snapshot
Price 
$4,650,000
Days Online 
8 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.3039 Acres
Year Built 
N/A
MLS® Number 
24447547
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing first seen online
4 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.3039
Special Circumstances 
Standard
Zoning 
LAR4
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Exterior Features
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None
Waterview 
None
Community Features
MLS Area 
C17 - Mid-Wilshire
Listing courtesy of David Ghermezian of Newmark Residential

Based on information from the The MLS as of 2024-10-30 12:34 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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