Downtown Los Angeles Redevelopment Opportunity

1238 Normandie Avenue, Los Angeles, CA 90006

Property Information

  • For Sale Subject To Offer
  • Property Type VacantLand
  • Lot Size 0.41 Acre
  • Date Updated May 6, 2026

Description

Los AngelesThese three contiguous parcels, totaling 0.41± acres, are exceptionally located right off W. Pico Blvd, on the edge of Koreatown. The area is currently undergoing rapid growth and development. Investors have an incredible opportunity to acquire nearly half an acre in a downtown Los Angeles neighborhood poised for growth. The zoning allows for development of a mid-rise multifamily housing project. Previous ownership proposed a 100% affordable housing project consisting of a 5-story, e levator-served building with 75 residential units.

Highlights

  • Easy access to two major interstates (I-10 & I-110)
  • Heavily traveled area of W. Pico Blvd. & S. Normandie
  • Previously slated for a 5-story, 75-unit multifamily development

Contacts

Jonathan Cuticelli

Hilco Global

Location

Located at 1238 Normandie Avenue, Los Angeles, CA 90006, this property is part of the Pico - Union neighborhood and Los Angeles market.

Contact Listing Broker
Jonathan Cuticelli

Hilco Global

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