148 S Normandie Ave, Los Angeles, CA, 90004
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Property Details
7
6
Single Family
Description
Property Details: • Type: Single Family • Bedrooms: 7 • Bathrooms: 6 • Square Feet: 3559 • Lot/Size: 5,944 sqft lot
Description: Prime Koreatown Covered Land Play & Value-Add Opportunity! This exceptional site features high-density LAR4 zoning with a TOC Tier 2 designation, unlocking massive density bonuses, increased FAR, and reduced parking requirements for a future luxury residential complex. Positioned within an official Qualified Opportunity Zone (QOZ), the property offers incoming investors substantial tax incentives and capital gains deferrals. Located in the highly desirable Wilshire Center/Koreatown submarket (90004), 148 S Normandie Ave is situated on a prime ±5,944 sq. ft. corner lot, perfectly pairing stable immediate cash flow with massive development upside. Operational flexibility with the
Location
Address
148 S Normandie Ave, Los Angeles, CA, 90004
City
Los Angeles
Features and Finishes
Year Built: 1942; [object Object]; [object Object]; [object Object]
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