Presented for sale is a centrally located prime R4 lot for development in Los Angeles. Property is "ED-1 eligible site" which offers affordable housing developers amazing incentives! Your chance to build an amazing project in the heart of Los Angeles with no evictions, relocation assistance or SB8 replacement of protected units necessary as it will be delivered vacant. This lot boasts central location minutes to Hollywood, Silver Lake, Downtown LA or Korea Town with a WalkScore of 92/100 - walker's paradise. The neighborhood has a lot of nearby conveniences, stores and restaurants. It is close to public transportation and major freeway access. Property is also located inside the Opportunity Zone, which can give major tax incentives to the right developer. Current structure is a 3-unit building. This is not to be missed! Contact listing agent today!
Lot/land
Listed by: EJP & Associates • E. Jaz Pinca • Contact: 949-373-5529
$2,399,000
240 S Normandie Ave #72, Los Angeles, CA 90004
--beds
--baths
9,004Square Feet
Unimproved Land
Built in ----
9,004 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Central location
- 449 days |
- 14 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
E. Jaz Pinca DRE #01832110 949-373-5529,
EJP & Associates
Source: CRMLS,MLS#: OC25102562
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Property
Features
- Has view: Yes
- View description: City Lights, Neighborhood
Lot
- Size: 9,004 Square Feet
- Features: Front Yard, Garden
Details
- Parcel number: 5518007013
- Zoning: LAR4
- Special conditions: Standard
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: Street Lights, Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Date on market: 5/29/2025
- Cumulative days on market: 449 days
- Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange
Estimated market value
Not available
Estimated sales range
Not available
$2,535/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2025 | Price change | $2,399,000-14.3% |
Source:  CRMLS #OC25102562 Report a problem | ||
| 4/30/2024 | Listed for sale | $2,800,000 |
Source: CRMLS #OC24086104 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: Koreatown
Nearby schools
GreatSchools rating
- 7/10Cahuenga Elementary SchoolGrades: K-5Distance: 0.3 mi
- 7/10Virgil Middle SchoolGrades: 6-8Distance: 0.6 mi
- 3/10Belmont Senior High SchoolGrades: 9-12Distance: 2.2 mi
- $301,5843 bd5 ba3.5k sqft240 S Normandie Ave, Los Angeles, CA 90004Off Market
- $2,1951 bd1 ba-- sqft234 S Normandie Ave APT 4, Los Angeles, CA 90004For Rent
- $--1 bd1 ba700 sqft234 S Normandie Ave APT 6, Los Angeles, CA 90004Off Market
- $--1 bd1 ba800 sqft238 S Normandie Ave #1, Los Angeles, CA 90004Off Market
- $2,103,80014 bd8 ba8.7k sqft244 S Normandie Ave, Los Angeles, CA 90004Off Market
- $1,117,7004 bd2 ba2.7k sqft228 S Normandie Ave, Los Angeles, CA 90004Off Market
- $--1 bd1 ba-- sqft254 S Normandie Ave APT 12, Los Angeles, CA 90004Off Market
- $--1 bd1 ba-- sqft254 S Normandie Ave #60485491, Los Angeles, CA 90004Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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