1/4
Listed By:
EJP & Associates, 949-373-5529, E. Jaz Pinca
Local Realty Services Provided By:
Keller Williams Realty Los Feliz
Overview
What It'll Cost
Neighborhood
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240 S Normandie Avenue, Los Angeles, CA 90004
240 S Normandie Avenue, Los Angeles, CA 90004
Estimation provided by Keller Williams Realty Inc.
Active
For Sale
Property 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. 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!
Property Details
Compare This Home
Overview
Property Type
Land
Days on Site
329 Days
Parking
No
Activity History
VIEWS
SAVES
SHARES
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
(Local time)
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.
Estimated Monthly Payment
Purchase Price:
$2,800,000
Principal + Interest
Property Tax
Home Insurance
HOA/Condo Fee
Mortgage Insurance
Monthly Payment
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Price & Tax History
Date
Event
Price
04/30/2024
Listed
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
(+4.32% )
Land 258,869 +
Additions 25,324
2022
(+1.78% )
Land 248,818 +
Additions 24,342
2021
(+2.83% )
Land 248,818 +
Additions 24,342
2019
(+3,947.69% )
Land 246,267 +
Additions 24,093
2017
Land 232,064 +
Additions 22,704
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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Transit & Commute
Estimated commute times from Koreatown/Southeast Hollywood
Car-Dependent
Walkable
Very Walkable
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