1127 N Normandie Ave - Residential LAND FOR SALE


Los Angeles, CA 90029- Little Armenia5,354 SF
$999,000 USD
818-859-7242
1127 N Normandie Ave, Los Angeles, CA for Sale
$999,000 USD
Residential LAND - FOR SALE
1/6
5,354 SF

1127 N Normandie Ave
Los Angeles, CA 90029
Little Armenia


HIGHLIGHTS

  • No rent control on the future project!
  • Opportunity Zone, major tax benefits (consult CPA)
  • Large (5,352 SF) flat lot, ideal for a new construction project.
  • Vacant SFR currently on lot. No relocations needed!
  • New construction in this neighborhood commands premium rents and high resale value.
  • LARD1.5 zoning

OVERVIEW

The Land Specialists are pleased to present 1127 N Normandie Ave, a prime development opportunity adjacent to Silver Lake, one of LA’s most sought-after Eastside neighborhoods. Situated on a 5,352 SF flat lot within an Opportunity Zone and not subject to rent control, this asset offers significant upside for developers and investors alike. The property is currently improved with a vacant SFR, allowing for a streamlined development process with no tenant relocations required. Zoned LARD1.5, the site offers by-right development potential in a high-demand rental market where new construction commands premium rents. Centrally located near major employment hubs including Kaiser Permanente, Netflix, Paramount Studios, and the Hollywood Media District, the property attracts a strong tenant base of young professionals and students. Residents will enjoy a highly walkable location near top dining, coffee, and retail, along with easy access to the Vermont/Sunset Metro and surrounding hubs like Silver Lake, Los Feliz, and Hollywood. With limited inventory and continued rental demand in this submarket, 1127 N Normandie presents a compelling opportunity to develop in a proven, high-growth location.

FOR SALE DETAILS

PRICE

$999,000 USD

PRICE/ACRE

$8,130,876/AC

PRICE/SF

$187 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

1127 Normandie Ave

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family

LAND ACRES

0.12 AC

LAND SF

5,352 SF

OFFSITE IMPROVEMENTS

-

ZONING

LARD1.5

APN/PARCEL ID

5537-017-018

ASK ABOUT THIS PROPERTY

Elizabeth MaddoxMyunits.com IncMore Info
818-859-7242

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Elizabeth MaddoxMyunits.com IncMore Info
818-859-7242

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