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564 N Normandie Ave Lot • Résidentiel • 0,2 Acres • 2 552 815 $ CAD • Los Angeles, CA 90004



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Résumé de l'annonce
Faits sur la propriété
| Prix | 2 552 815 $ CAD | Sous-type de propriété | Résidentiel |
| Type de vente | Investissement | Utilisation proposée | Unités d’appartements |
| Condition de vente | Projet de redéveloppement | Taille totale du lot | 0,20 AC |
| Nombre de lots | 1 | Zone de développement économique |
Oui
|
| Type de propriété | Terrain | ||
| Zonage | LAR3 - LAR3-zoned TOC Tier 3 development site with potential ED1 and AB 1287 eligibility. Buyer to verify all zoning and development potential. | ||
| Prix | 2 552 815 $ CAD |
| Type de vente | Investissement |
| Condition de vente | Projet de redéveloppement |
| Nombre de lots | 1 |
| Type de propriété | Terrain |
| Sous-type de propriété | Résidentiel |
| Utilisation proposée | Unités d’appartements |
| Taille totale du lot | 0,20 AC |
| Zone de développement économique |
Oui |
| Zonage | LAR3 - LAR3-zoned TOC Tier 3 development site with potential ED1 and AB 1287 eligibility. Buyer to verify all zoning and development potential. |
1 Lot disponible
Lot
| Prix | 2 552 815 $ CAD | Taille du lot | 0,20 AC |
| Prix par AC | 12 582 075,09 $ CAD |
| Prix | 2 552 815 $ CAD |
| Prix par AC | 12 582 075,09 $ CAD |
| Taille du lot | 0,20 AC |
Rare ±8,699 SF LAR3-zoned development opportunity in Melrose Hill with TOC Tier 3 incentives and potential ED1/AB 1287 eligibility. Existing renovated residence offers immediate usability while pursuing future multifamily redevelopment potential.
Description
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.
Impôts fonciers
| Numéro de lot | 5520-011-024 | Évaluation des bâtiments | 532 857 $ CAD |
| Évaluation du terrain | 2 131 426 $ CAD | Évaluation totale | 2 664 283 $ CAD |
Impôts fonciers
Présenté par
564 N Normandie Ave
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