1029 S Normandie Ave - Residential LAND FOR SALE


Los Angeles, CA 90006- Harvard Heights5,907 SF
$1,150,000 USD
213-434-2433
1029 S Normandie Ave, Los Angeles, CA for Sale
$1,150,000 USD
Residential LAND - FOR SALE
1/4
5,907 SF

1029 S Normandie Ave
Los Angeles, CA 90006
Harvard Heights


HIGHLIGHTS

  • CENTER OF MID-WILSHIRE
  • OLYMPIC BLVD & NORMANDIE AVE CORRIDOR
  • BANKS AND NEW HIGHER RENTAL APARTMENTS NEARBY

OVERVIEW

SEE ATTACHED DOC FOR INVESTMENT DEPRECIATION AND TAX BENEFIT FOR THE NEXT BUYER. ** BRING YOUR 1031 EXCHANGE HERE. ** NOW WITH NEW LOWERED PRICE, LOOKING FOR A SERIOUS BUYER.** NO BETTER LOCATION & ACCESSIBILITY IN TOWN. OPPORTUNITY/LUCK IS FOR THOSE WHO TAKE IT & TAKE IT QUICKLY THAN ANYONE ELSE. Current ownership purchased this property for $1,100,000.00 back in 2018. Motivated Seller. All serious offers will be considered. This DUPLEX, WILL BE DELIVERED VACANT AT CLOSE OF ESCROW. REMODEL TO GET HIGHEST RENT POSSIBLE OR REDEVELOPMENT OPPORTUNITY!! LOCATION, LOCATION, LOCATION!! R-4/1 Zoning, Center of Normandie and Olympic Blvd. Great Location with Great Possibilities!! Land Value. 14 Units By-Right Buildable sq footage 9,720sf. & 26 Potential Units with TOC Tier 3, Maximum Buildable square footage: 17,310 sf., refer to attached Document. Buyer to verify all information. There are no approved plans or RTI. Buyer/developer to draw a new plan.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/ACRE

$8,483,319/AC

PRICE/SF

$195 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Redevelopment Opportunity

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Religious Facility

LAND ACRES

0.14 AC

LAND SF

5,905 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

LAR4

APN/PARCEL ID

5078-018-007

ASK ABOUT THIS PROPERTY

Max LeeThe Right Realty GroupMore Info
213-434-2433

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Max LeeThe Right Realty GroupMore Info
213-434-2433

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.