$1,427,500

1325 N Normandie Avenue, Los Angeles, CA 90027

5,068

Lot Size

*PRICE REDUCED* We are pleased to present 1321-1325 N Normandie Ave - a (6) unit multifamily development opportunity situated in East Hollywood. The proposed project consists of two separate APN's (1321 N Normandie is available for sale next door) and will be sold with RTI plans in place, making it the perfect opportunity for a potential investor to begin construction immediately. Each of the properties consists of a vacant 3 Bedroom / 1 Bath Single Family Residence in the front and a detached Duplex in the rear with (2) 1 Bedroom / 1 Bath units. The proposed RTI plans, which consist of 7,612 SF of living area on a combined 10,816 lot, modify the current property and feature a phenomenal unit mix of: (1) 3 Bedroom / 2.5 Bath unit, (2) 3 Bedroom / 3 Bath units and (3) 4 Bedroom / 3 Bath units. The modification of the current structures with the RTI plans that are in place allow an investor to avoid demolition costs and ground up construction, resulting in significant time and financial savings!

Facts & Features

MLS® # 20658068
Price $1,427,500
Bathrooms 0.00
Lot Size 5,068
Type Land
Status Active

Community Information

Address 1325 N Normandie Avenue
Area C20 - Hollywood
City Los Angeles
County Los Angeles
State CA
Zip Code 90027

Amenities

View None
Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No

Additional Information

Date Listed November 9th, 2020
Days on Market 227
Zoning LARD1.5
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

AgentAdrian Stepien
OfficeKeller Williams Silicon Beach

Listing Map

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