$1,550,000

612 N Normandie Avenue, Los Angeles, CA

0.17

Acres

Presented for sale is a Ready-to-Issue 12 Unit Non-Rent Controlled Construction Project in East Hollywood. Conveniently located off the 101 Freeway and less than one mile away from the Vermont / Beverly Metro Subway Station, this beautifully designed construction project will put your future tenants in the middle of it all, surrounded by Koreatown, Silver Lake, Hollywood and Downtown. Consisting of twelve 1 Bedroom & 1.5 Bathroom townhouse-style units, each with their own Loft and Terrace well-suited to the work-from-home lifestyle. Each home will have a spacious kitchen open to a generous living room/dining room, a walk in closet and a washer/dryer nook. The building will have 9 parking spaces but will be able to count on the Subway Station and a Very Walkable rating from Walk Score. The property is located in an Opportunity Zone and the building will have one Extremely Low Income restricted unit. The building will have a rentable / living area of around 8,400 SF over a semi-subterranean garage podium.

Facts & Features

MLS® # 21721990
Price $1,550,000
Bathrooms 0.00
Acres 0.17
Type Land
Status Active

Community Information

Address 612 N Normandie Avenue
Area C17 - Mid-Wilshire
City Los Angeles
County Los Angeles
State CA
Zip Code 90004

Amenities

Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No

Additional Information

Date Listed April 21st, 2021
Days on Market 8
Zoning R3-1 Tier 2
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

AgentDario Svidler
OfficeCompass

Listing Map

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