240 S Normandie Avenue
Los Angeles, CA 90004
- – beds
- – baths
- – sqft
- 9,004 sqft lot
- – on site
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!
Last checked:
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Last updated Oct 23, 2024
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MLS# OC24086104 —
This property is listed in more than one place. See it here.
The Building
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New Construction:No
Location
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Directions:From the 101 Hwy exit to Silver Lake Blvd and head west, Silver Lake Blvd will turn to Beverly Blvd then turn left to Normandie Ave, property is on the left-hand side before W 3rd St.
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Latitude:34.06996700
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Longitude:-118.30000100
The Property
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Property Type:Land
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Zoning:LAR4
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Lot Features:Front Yard, Garden, Lot 6500-9999, Rectangular Lot
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Lot Size Area:9004.0000
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Lot Size Acres:0.2067
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Lot Size SqFt:9004.00
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Lot Size Source:Assessor
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View:1
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View:City Lights, Neighborhood
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:2113.10
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Tax Tract:200
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Tax Lot:72
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5518007013
Utilities
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Utilities:Electricity Connected, Sewer Connected, Water Connected
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Water Source:Public
The Community
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Senior Community:No
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Features:Sidewalks, Street Lights
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Association:No
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Distance To Water Comments:13 m to beach
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/30/24
Apr 30, 2024
|
Listed / Active | CRMLS_CA | $2,800,000 |
