1801 North Normandie Avenue

1801 North Normandie Avenue

Los Angeles, CA 90027

$2,550,000
Price
11,393 / 0.26
Lot Size / Acres

Description

We are pleased to present a large 11,389 square foot (SF) lot located at 1801 North Normandie Avenue in Los Feliz, California. The property is situated in between Hollywood Boulevard to the south and Franklin Avenue to the north. This offering is positioned on one (1) parcel totaling 11,389 square feet (SF) of land with a zoning ordinance of LAR3. This allows for fourteen units (14) units by-right. Additionally, this offering is granted ED1 eligibility, a recently passed program that allows an expedited...We are pleased to present a large 11,389 square foot (SF) lot located at 1801 North Normandie Avenue in Los Feliz, California. The property is situated in between Hollywood Boulevard to the south and Franklin Avenue to the north. This offering is positioned on one (1) parcel totaling 11,389 square feet (SF) of land with a zoning ordinance of LAR3. This allows for fourteen units (14) units by-right. Additionally, this offering is granted ED1 eligibility, a recently passed program that allows an expedited process to 100% affordable developments. If used in conjunction with the State Density Bonus code 65915-65918, an ED1 project would have no maximum density, an allowance of three (3) additional stories and thirty-three (33) additional feet in height, and no parking requirement due to AB 2097. Five (5) additional concessions or incentives are granted under the State Density Bonus program. There is potential to stack these incentives with other programs such as TOC or the Los Angeles Density Bonus program, Buyer to verify. 1801 North Normandie currently has 5 units which offers a developer some income as they go through entitlements. The subject property is located in one of the best neighborhoods Los Angeles has to offer with quick access to the Hollywood Walk of Fame, Los Feliz Village, and Barnsdall Art Park. Tenants will enjoy having easy access to the -101 freeway and Hollywood Boulevard. Positioned in a prime Los Feliz location, this offering presents an excellent opportunity for an astute developer to capitalize on maximizing density and income with ED1 in a core market of Los Angeles.
  1. Listed by Jason Tuvia • DRE #01772495 • Brokerage DRE #01240999 • Marcus & Millichap

Property Details for 1801 North Normandie Avenue

Zoning
LAR3
Parcel Number
5544012010
Area
Los Feliz (637)
Lot Size Area
11393
Source Lot Size Area
Vendor Enhanced
Present Use
5-Unit Multifamily
Potential Usage
Ideal Ed Play to Build Upward of 100+ Units Using State Density Bonus
Assessor Parcel Number
5544-012-010

Location

Listing Courtesy of Marcus & Millichap, Jason Tuvia, DRE #01772495
Add your commute
LISTING UPDATED: 05/16/2024 12:01 AM

Property Details for 1801 North Normandie Avenue

StatusActive
MLS #24-389425
Days on Market13
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.26 AC
CountyLos Angeles County

Location

Listing Courtesy of Marcus & Millichap, Jason Tuvia, DRE #01772495
Add your commute

Building Information for 1801 North Normandie Avenue

Lot Size0.26 AC

Payment Calculator

$14,420 per month

30 year fixed, 7.25% Interest

Principal and Interest

$13,916

Property Taxes

$504

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1801 North Normandie Avenue

Community / Development
Community / Development
  • Senior Community: No
Structure Info
Structure Info
  • View: Yes
  • View Description: City, Hills, Landmark
  • View: City Lights, Hills, Landmark
Contract Info
Contract Info
  • Probate: No
  • Financing: Submit
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Special Zoning: None
  • Additional Parcel Number: No
  • Lot Acreage: 0.2615
  • Lot Size Square Feet: 11393
  • Lot Features: Rectangular Lot, Value In Land
  • Lot Description: Lot Shape-Rectangular, Value In Land, Single Lot
  • Lot Location: City
  • Telephone: 1.0
  • Cable: 1.0
  • Site Decription: City, Hillside
Parking Details
Parking Details
  • Total Parking: 0
Exterior Features
Exterior Features
  • New Construction: No
Lease Terms
Lease Terms
  • Entry Date: 05-08-2024

Property History for 1801 North Normandie Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1801 North Normandie Avenue

Taxable ValueLand$295,452Additions$106,351Total$401,803
Tax Record2023$6,051 ($504 / month)
Home Facts
Total Finished SqFt5,328 SqFtAbove Grade Finished SqFt5,328 SqFtLot Size11,389 SqFtStyleMulti-Family Res (5+ Units)Year Built1917ZoningLAR3CountyLOS ANGELESAPN5544-012-010

Schools near 1801 North Normandie Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Los Feliz STEMM Magnet
Public - K to 5
Thomas Starr King Middle School
Public - 6 to 8
John Marshall Senior High School
Public - 9 to 12
Apex Academy
Charter - 7 to 12
Rating
School
Distance
Los Feliz STEMM Magnet
PublicK to 5

Thomas Starr King Middle School
Public6 to 8

John Marshall Senior High School
Public9 to 12

Apex Academy
Charter7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1801 North Normandie Avenue, Los Angeles, CA 90027

1801 North Normandie Avenue is a 0.26 ac of land for sale in Los Angeles, CA 90027. This property was listed for sale on May 8, 2024 by Marcus & Millichap, it's currently listed at $2,550,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Los Feliz STEMM Magnet, Thomas Starr King Middle School and John Marshall Senior High School. 1801 North Normandie Avenue is a 0-bed, 0-bath, 0.26 ac of land on a 11,393 sq. ft. / 0.26 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Jason Tuvia, DRE #01772495

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.