564 N Normandie Ave 0.2 Acres of Residential Land Offered at $2,552,815 CAD in Los Angeles, CA 90004

564 N Normandie Avenue presents a rare opportunity to acquire a beautifully maintained estate property with significant multifamily redevelopment potential in one of Central Los Angeles’ most compelling emerging corridors. Positioned at the intersection of Melrose Hill, Larchmont Village, East Hollywood, and Koreatown, the property offers a unique blend of historic neighborhood character, creative energy, walkability, and long-term growth fundamentals. Currently improved with a thoughtfully renovated single-family residence, the property can be enjoyed, leased, or held while pursuing future development plans. The site is zoned LAR3 and located within a TOC Tier 3 area, with potential eligibility for ED1 and AB 1287 incentives, creating the opportunity for increased density, reduced parking requirements, and expedited approvals, subject to buyer verification. Preliminary studies suggest the potential for a 6-story multifamily project with mixed-income or affordable housing strategies. 564 N Normandie is not simply a development site. It is a chance to own property in a neighborhood actively being rediscovered and reshaped by new housing, hospitality, dining, and creative investment. A property that can be lived in today, with a vision toward tomorrow. A great income producing asset to use until plans have been approved.