632 N Normandie Avenue

    Los Angeles (City), CA 90004
    • $1,185,000
    • STATUS: Active
    • ON SITE: 423 days
    • ID#: SR18147540
    $1,185,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    Great development potential in a very desirable development area and opportunity zone!! The subject property consists of 6,903/SF of land with an SFR. The property is located within the Transit Oriented Communities (TOC) incentive program area. The parcel has been designated with a Tier 2 designation allowing for up to 60% in density bonus. The +G+by-right+G- developable unit count is eight (8). Utilizing the TOC Tier-2 density bonus incentives a total of 15 units are allowed with nine-percent (9%) set aside units for extremely low income. Depending on your unit mix and parking levels (at-grade or subterranean) your final project may be influenced by such factors. Email me for full marketing brochure!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-08-18T00:37:55.207. 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/84854617

    632 N Normandie Avenue Los Angeles (City), CA 90004

    • Price: $1,185,000
    • Status: Active
    • ID#: SR18147540
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    Neighborhood:
    C17 - Mid-Wilshire
    County:
    Los Angeles
    Area:
    C17 - Mid-Wilshire
    Property Description
    Great development potential in a very desirable development area and opportunity zone!! The subject property consists of 6,903/SF of land with an SFR. The property is located within the Transit Oriented Communities (TOC) incentive program area. The parcel has been designated with a Tier 2 designation allowing for up to 60% in density bonus. The +G+by-right+G- developable unit count is eight (8). Utilizing the TOC Tier-2 density bonus incentives a total of 15 units are allowed with nine-percent (9%) set aside units for extremely low income. Depending on your unit mix and parking levels (at-grade or subterranean) your final project may be influenced by such factors. Email me for full marketing brochure!
    Exterior Features

    Lot Features Lot 6500-9999 Lot Size Source Assessor Lot Size Units Square Feet View City Lights View YN Yes

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Community Features Urban Country Us Distance To Water Comments Location Elevation Units Feet Land Lease YN No New Construction YN No Senior Community YN No Special Listing Conditions Standard Water Source Public Zoning Lar3

    Listing provided courtesy of Christopher Martinez Diaz of Vinco Vinco Realty & Investments Inc


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-08-18T00:37:55.207. 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.
     
    The Parsons Team | Keller Williams Realty
    251 S. Lake Ave #150
    Pasadena CA, 91101