240 S Normandie AVE Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90004
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25102562
Lot Size 9,003 Sqft
Property Description
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!
Location
State CA
County Los Angeles
Area Krea - Koreatown
Zoning LAR4
Exterior
Community Features Street Lights,Sidewalks
View Y/N Yes
View City Lights,Neighborhood
Building
Lot Description Front Yard,Garden
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange
Listing Terms Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange
Special Listing Condition Standard