854 South Normandie Avenue Los Angeles, CA ^$ 4,900,000

854 South Normandie Avenue

^$ 4,900,000

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854 South Normandie Avenue

Los Angeles, CA, 90005

^$ 4,900,000

Studio Baths0.0

Monthly Estimate*

^$ 34,228

854 South Normandie Avenue, Los Angeles, CA 90005 - Image 1

854 South Normandie Avenue, Los Angeles, CA 90005 - Image 2

854 South Normandie Avenue, Los Angeles, CA 90005 - Image 3

854 South Normandie Avenue, Los Angeles, CA 90005 - Image 4

854 South Normandie Avenue, Los Angeles, CA 90005 - Image 5

854 South Normandie Avenue, Los Angeles, CA 90005 - Image 6

854 South Normandie Avenue, Los Angeles, CA 90005 - Image 7

854 South Normandie Avenue, Los Angeles, CA 90005 - Image 8

Studio

Lots and Land for sale in Los Angeles, CA

for $4,900,000. The lot size is 0.3.

We are excited to present this spectacular corner lot development opportunity in prime Koreatown! The existing building consists of seven units and includes plenty of parking. With tier 3 zoning and a lot size of over 13,000 square feet, this building can be delivered vacant for a very promising development opportunity for 90 affordable units. Plans have been submitted and property can be delivered RTI (Buyer to pay permit fees) This amazing property is located in the heart of Koreatown, a rising area for development with nearby office buildings, hotels, retail, restaurants and a very unique nightlife!

Lots and Land Active

Price

^$ 4,900,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 0

Style

Lot Size

0.3

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0022221437

Features

General

Zoning LAR4

County Los Angeles

New Construction No

Property Type D

HOA / Comm Assn No

Status Active

City Los Angeles

Buyer Agent Compensation 2.50

View Y/N Yes

Senior Community Y/N No

MLS Area C17 - Mid-Wilshire

Lot Size Square Feet 13240.0

Street Name Normandie

Standard Status Active

Buyer Agent Compensation Type %

Exterior

Lot Size Area 13240.0

Lot Size Acres 0.3

Lot Size Units Square Feet

Land Lease Type Fee

Interior

Street Suffix Avenue

Total Baths 0

* Excluded Features

List By

Sara Joata

Listing Agent

The Agency

Broker

Affordability Calculator

$34,228

Per Month

Monthly Principal & Interest: $34,228
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Los Angeles, CA

Average List Price ^$1,775,477

Percent of Sale Price 64%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/30/2022	$4,500,000		Listed Price

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854 South Normandie Avenue, Los Angeles, CA, 90005 is a Lots and Land for sale at $4,900,000 with a lot size of 0.3. 854 South Normandie Avenue is a studio with 0.0 baths. The property's zip code is 90005 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 4/12/2024. 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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854 South Normandie Avenue

Lots and Land for sale in Los Angeles, CA

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