Downtown Los Angeles Redevelopment Opportunity
$2,800,000
1238 Normandie Avenue, Los Angeles, CA 90006
For Sale
Land
Active
Last Updated: 04/23/2025
0.407 acres
Lot Area
Details:
Lot Area: 0.407 acres
Highlights:
- Previously slated for a 5-story, 75-unit multifamily development
- Heavily traveled area of W. Pico Blvd. & S. Normandie
- Easy access to two major interstates (I-10 & I-110)
Description:
These three contiguous parcels, totaling 0.41± acres, are exceptionally located right off W. Pico Blvd, on the edge of Koreatown. The area is currently undergoing rapid growth and development. Investors have an incredible opportunity to acquire nearly half an acre in a downtown Los Angeles neighborhood poised for growth. The zoning allows for development of a mid-rise multifamily housing project. Previous ownership proposed a 100% affordable housing project consisting of a 5-story, e levator-served building with 75 residential units.
Los Angeles
Documents:
| Title | ||
|---|---|---|
| Brochure_-_Los_Angeles__CA_-_Development_Land_-_For_Sale_With_Price.pdf |
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery
