240 Normandie Avenue

Los Angeles, CA 90004

$2,800,000
Price
9,004 / 0.21
Lot Size / Acres

Description

Presented for sale is a centrally located prime R4-1 lot for development in Los Angeles. Property is "ED-1 eligible site" which offers affordable housing developers amazing incentives such as unlimited density & height increase bonus, zero parking requirements, 100% increase of base FAR ratio, streamlined and faster ministerial approval process and many more. This lot boasts central location minutes to Hollywood, Silver Lake, Downtown LA or Korea Town with a WalkScore of 92/100 - walker's paradise....Presented for sale is a centrally located prime R4-1 lot for development in Los Angeles. Property is "ED-1 eligible site" which offers affordable housing developers amazing incentives such as unlimited density & height increase bonus, zero parking requirements, 100% increase of base FAR ratio, streamlined and faster ministerial approval process and many more. 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 which will be delivered vacant. No eviction, relocation assistance or SB8 replacement of protected units/tenants necessary. This is not to be missed! Contact listing agent today!
  1. Listed by E. Jaz Pinca • DRE #01832110 • Brokerage DRE #02178781 • EJP & Associates • 949-373-5529

Property Details for 240 Normandie Avenue

View
City Lights, Neighborhood
Lot Size Source
Assessor
Assessor Parcel Number
5518-007-013
New Construction
No
Pool
No
View
Yes
Association
No
Association Fee
$.00

Location

Listing Courtesy of EJP & Associates, E. Jaz Pinca, DRE #01832110
Add your commute
LISTING UPDATED: 04/30/2024 05:44 AM

Property Details for 240 Normandie Avenue

StatusActive
MLS #OC24086104
Days on Market21
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLot/Land
Year Built-
Lot Size0.21 AC
CountyLos Angeles County

Location

Listing Courtesy of EJP & Associates, E. Jaz Pinca, DRE #01832110
Add your commute

Building Information for 240 Normandie Avenue

Lot Size0.21 AC

Payment Calculator

$15,606 per month

30 year fixed, 7.25% Interest

Principal and Interest

$15,281

Property Taxes

$325

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 240 Normandie Avenue

Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Tract Number: 200
  • Tax Census Tract: 2113.10
  • CFD/Mello-Roos Fee: $578
  • Tax Lot: 72
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Exterior Features
  • View Description: City Lights
Distance To
  • Distance To Water: 13 m to beach
Land/Lot Info
  • Sign on Property: No
  • Lot Features: Front Yard, Garden, Lot 6500-9999, Rectangular Lot
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Electric: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Carport Spaces: 0

Property History for 240 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 240 Normandie Avenue

Taxable ValueLand$258,869Additions$25,324Total$284,193
Tax Record2023$3,902 ($325 / month)
Home Facts
Total Finished SqFt3,248 SqFtAbove Grade Finished SqFt3,248 SqFtLot Size9,001 SqFtStyleTriplexYear Built1915ZoningLAR4CountyLOS ANGELESAPN5518-007-013

Schools near 240 Normandie Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Cahuenga Elementary School
PublicK to 5

Virgil Middle School
Public6 to 8

Academic Leadership Community School
Public9 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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240 Normandie Avenue is a 0.21 ac of land for sale in Los Angeles, CA 90004. This property was listed for sale on April 29, 2024 by EJP & Associates, it's currently listed at $2,800,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Cahuenga Elementary School, Virgil Middle School and Academic Leadership Community School. 240 Normandie Avenue is a 0-bed, 0-bath, 0.21 ac of land on a 9,004 sq. ft. / 0.21 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 EJP & Associates, E. Jaz Pinca, DRE #01832110

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.