$4,900,000
For Sale

854 S Normandie Avenue

Los Angeles, CA 90005
Listing OfficeThe Agency
Browse 8 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

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!

  • Property Details
      • Acres0.3039
  • Construction Details
      • Property TypePurchase
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$4,500,000
  • Other
      • MLS #22221437

Location

Pam and Carson Real EstateReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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