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600 N Normandie Avenue

Los Angeles (City), CA 90004
  • $1,575,000
  • STATUS: Active
  • ON SITE: 41 Days
  • ID#: SR21232464
UPDATED: 53 min ago
$1,575,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing provided courtesy of Francis Evanisko of Evanisko Realty & Investment

Description

We are pleased to offer for sale this extremely rare multifamily zoned lot. The property is well aligned for new multifamily development due to a slew of advantageous factors. This is not an entitled or RTI project. This is a marketing brochure which articulates one potentially viable way of developing the property. 1. Corner site. Project ingress/egress, view potential, and overall project visibility are all maximized.2. R3-1. Perhaps the most attractive multifamily zone. 3. Transit Oriented. Tier 1. 4. Located in the Opportunity Zone.5. Beautifully remodeled 6-bedroom SFR.6. Highest and best use will not require a discretionary planning action as a TOC project can potentially be executed without height increase.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-01T19:33:46.13. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
www.theparsonsrealestateteam.com/homes/122612910
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600 N Normandie Avenue Los Angeles (City), CA 90004

  • Price: $1,575,000
  • Status: Active
  • On Site: 41 Days
  • Updated: 53 min ago
  • ID#: SR21232464
0
Beds
0
Baths
0
½ Baths
0.16
Acres
Neighborhood:
C17 - Mid-Wilshire
County:
Los Angeles
Area:
C17 - Mid-Wilshire
Property Description
We are pleased to offer for sale this extremely rare multifamily zoned lot. The property is well aligned for new multifamily development due to a slew of advantageous factors. This is not an entitled or RTI project. This is a marketing brochure which articulates one potentially viable way of developing the property. 1. Corner site. Project ingress/egress, view potential, and overall project visibility are all maximized.2. R3-1. Perhaps the most attractive multifamily zone. 3. Transit Oriented. Tier 1. 4. Located in the Opportunity Zone.5. Beautifully remodeled 6-bedroom SFR.6. Highest and best use will not require a discretionary planning action as a TOC project can potentially be executed without height increase.
Exterior Features

Lot Features 0-1 Unit/Acre16-20 Units/Acre11-15 Units/Acre2-5 Units/Acre21-25 Units/Acre26-30 Units/Acre36-40 Units/Acre31-35 Units/Acre6-10 Units/AcreCorner LotLevel View City LightsHillsMountain(S) View YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features CurbsRuralStorm Drain(S)Street LightsSidewalksUrban Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 Exchange New Construction YN No Senior Community YN No Special Listing Conditions Standard Water Source Public Zoning Lar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-01T19:33:46.13. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
 
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The Parsons Team | Keller Williams Realty
251 S. Lake Ave #150
Pasadena CA, 91101
Listing provided courtesy of Francis Evanisko of Evanisko Realty & Investment