There are very few opportunities such as these where 3 adjacent lots come up for sale in one of the highest density zones in the City of Los Angeles. The combined lot size measures at over 20K SQFT. This property is zoned LAR4-2 and is also located within the TOC Plan. The base density allows for a 6:1 FAR by right, with the option to obtain bonuses from the Tier 3 TOC status. For those that don't know, Normandie Ave is not a main st or blvd, making it ideal for new multifamily development on a quiet Street. Located a stones throw away from 8th Street, a major artery through Koreatown, this opportunity is within walking distance of all the major restaurants, entertainment, shopping, and nightlife that Koreatown has to offer. The location boasts an impressive Walk Score of 93/100!There are 3 existing multifamily structures currently onsite, with a total of 12 occupied units. Property is currently a 4-plex. Also for sale: 826 & 832 Normandie on MLS
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