854 Normandie Avenue

Los Angeles, CA 90005

$4,900,000
Price
13,240 / 0.30
Lot Size / Acres

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...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!
  1. Listed by Sara Joata • DRE #02168012 • Brokerage DRE #01738973 • The Agency
  2. Listed by Daniel Stevenson • DRE #01981172 • Brokerage DRE #01738973 • The Agency

Property Details for 854 Normandie Avenue

Zoning
LAR4
Parcel Number
5094018001
Area
Mid-Wilshire (C17)
Lot Size Area
13240
Source Lot Size Area
Vendor Enhanced
Assessor Parcel Number
5094-018-001
Directions
Corner of south Normandie Ave and James M Wood Blvd

Location

Listing Courtesy of The Agency, Sara Joata, DRE #02168012; The Agency, Daniel Stevenson, DRE #01981172
Add your commute
LISTING UPDATED: 04/11/2024 03:45 PM

Property Details for 854 Normandie Avenue

StatusActive
MLS #22-221437
Days on Market514
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.30 AC
CountyLos Angeles County

Location

Listing Courtesy of The Agency, Sara Joata, DRE #02168012; The Agency, Daniel Stevenson, DRE #01981172
Add your commute

Building Information for 854 Normandie Avenue

Lot Size0.30 AC

Payment Calculator

$30,211 per month

30 year fixed, 7.25% Interest

Principal and Interest

$26,741

Property Taxes

$3,470

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 854 Normandie Avenue

Community / Development
Community / Development
  • Senior Community: No
Structure Info
Structure Info
  • View: Yes
  • View Description: Other
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Special Zoning: Other
  • Lot Acreage: 0.3039
  • Lot Size Square Feet: 13240
  • Lot Location: Corner Lot
  • Telephone: 1.0
  • Cable: 1.0
Parking Details
Parking Details
  • Total Parking: 0
Exterior Features
Exterior Features
  • New Construction: No
Lease Terms
Lease Terms
  • Entry Date: 11-29-2022

Property History for 854 Normandie Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 854 Normandie Avenue

Taxable ValueLand$2,331,543Additions$999,231Total$3,330,774
Tax Record2023$41,639 ($3,470 / month)
Home Facts
Total Finished SqFt8,732 SqFtAbove Grade Finished SqFt8,732 SqFtLot Size13,240 SqFtStyleMulti-Family Res (5+ Units)Year Built1923ZoningLAR4CountyLOS ANGELESAPN5094-018-001

Schools near 854 Normandie Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 2
Public - K to 5
Public - 6 to 8
Public - 6 to 8
Rating
School
Distance
Mariposa-Nabi Primary Center
PublicK to 2

Hobart Boulevard Elementary School
PublicK to 5

Young Oak Kim Academy
Public6 to 8

Berendo Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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854 Normandie Avenue is a 0.30 ac of land for sale in Los Angeles, CA 90005. This property was listed for sale on November 29, 2022 by The Agency, it's currently listed at $4,900,000. It has been on the market for a total of 514 days and was last sold on June 13, 2017. This listing's school district is Los Angeles Unified School District. Nearby schools include Mariposa-Nabi Primary Center, Hobart Boulevard Elementary School and Young Oak Kim Academy. 854 Normandie Avenue is a 0-bed, 0-bath, 0.30 ac of land on a 13,240 sq. ft. / 0.30 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Agency, Sara Joata, DRE #02168012; The Agency, Daniel Stevenson, DRE #01981172

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.