Overview
- 0
Description
TEN X AUCTION NOVEMBER 17-19!!!!! https://www.loopnet.com/Listing/854-S-Normandie-Ave-Los-Angeles-CA/30950114/ 854 S Normandie Avenue is an attractive development opportunity for a developer looking to build a new multi-family project in a well established apartment market with good demographics that are becoming stronger. The property allows for up to 90 affordable housing units by using AB 2334 state law which provide multiple bonus incentives for a 100% affordable housing project. Preliminary plans have been prepared for 90 affordable housing units using modular construction, which can reduce construction timelines by approximately 50%. It’s in an excellent Koreatown location just south of Wilshire Boulevard, nearby to abundant amenities. and is within blocks of Metro Rail Stations for the B line at Wilshire/Vermont, and D line at Wilshire/Western and Wilshire/Normandie
Address
Open on Google Maps- Address Normandie
- City Los Angeles
- State/county Los Angeles
- Zip/Postal Code 90005
Details
Updated on October 22, 2025 at 12:06 am- Property ID: HZ24447547
- Price: $4,650,000
- Bathroom: 0
- Property Status: Land
- Listed by: David Ghermezian
- DRE #: 01084422
- Contact Mail: david.ghermezian@nmrk.com
- Brokered by: Newmark Estates
Mortgage Calculator
- Down Payment
- Loan Amount
- Monthly Mortgage Payment
- Property Tax
- Home Insurance
- PMI
- Monthly HOA Fees
