Downtown Los Angeles Redevelopment Opportunity

1238 Normandie Avenue, Los Angeles, CA 90006

  • For Sale Subject To Offer
  • Property Type VacantLand
  • Lot Size 0.41 Acre
  • Additional Rent Contact for pricing
  • Date Updated Aug 13, 2024
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.

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Attachments

Highlights

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

Contacts

broker

Jonathan Cuticelli

Hilco Real Estate

Location

Getting Around

  • Walk Score ®

    91/100 Walker's Paradise

  • Transit Score ®

    68/100 Good Transit

  • Bike Score ®

    70/100 Very Bikeable
Powered by Walk Score ®
  • City Los Angeles, CA
  • Neighborhood Pico - Union
  • Zip Code 90006
  • Market Los Angeles

Points of Interest

  • Wilshire/Vermont

    1.15 miles

  • Westlake/MacArthur Park

    1.48 miles

  • Pico

    1.99 miles

  • Vermont/Beverly

    2.04 miles

  • Expo Park/USC

    2.20 miles

  • 7th Street/Metro Center

    2.36 miles

  • Pershing Square

    2.83 miles

  • Vermont/Santa Monica South Entrance

    2.88 miles

  • Vermont/Santa Monica North Entrance

    2.98 miles

  • Vermont/Sunset Entrance

    3.53 miles

  • Shell

    0.56 miles

  • 76

    0.90 miles

  • Shell

    0.93 miles

  • Chevron

    0.97 miles

  • Chevron

    1.06 miles

  • Adam's Fuel

    1.07 miles

  • Arco

    1.24 miles

  • Mobil

    1.25 miles

  • Chevron

    1.43 miles

  • Chevron

    1.48 miles

  • SP+

    0.87 miles

  • Vermont & WIlshire Parking Lot -LADOT Facility No. 691

    1.00 miles

  • Western Avenue Parking Garage

    1.00 miles

  • Metro Kiss and Ride

    1.52 miles

  • Jefferson Blvd. Parking Structure

    1.70 miles

  • Lot SSRI

    1.78 miles

  • West Garage

    1.79 miles

  • Lot 21

    1.79 miles

  • Venice Parking Garage

    1.79 miles

  • Lot M

    1.81 miles

  • New seoul hotel

    0.62 miles

  • Rotex Hotel

    0.81 miles

  • Oxford Palace

    0.85 miles

  • LA Comfortable house (korean)

    0.97 miles

  • LA Pyunanhan House

    0.97 miles

  • The Line

    1.00 miles

  • Garden Suite Hotel

    1.04 miles

  • Casa Bella Inn

    1.04 miles

  • Hotel Normandie

    1.07 miles

  • Ramada by Wyndham Los Angeles/Koreatown West

    1.15 miles

  • Guelaguetza

    0.32 miles

  • Gam Ja Gol

    0.35 miles

  • O Dae San Korean BBQ

    0.37 miles

  • Masan Restaurant

    0.40 miles

  • Tacos Locos

    0.40 miles

  • Surawon

    0.41 miles

  • Jang An Restaurant

    0.48 miles

  • Yu Chun

    0.49 miles

  • Road to Seoul

    0.52 miles

  • L.A. Donuts

    0.53 miles

  • Bishop Conaty Memorial High School

    0.22 miles

  • Saint Thomas School

    0.23 miles

  • Loyola High School of Los Angeles

    0.29 miles

  • Bernedo Middle School

    0.34 miles

  • Mariposa-Nabi Primary School

    0.36 miles

  • Los Angeles Elementary School

    0.37 miles

  • Hobart Boulevard Elementary School

    0.50 miles

  • Camino Nuevo Charter Academy

    0.63 miles

  • Washington Boulevard School

    0.67 miles

  • Leo Politi Elementary School

    0.73 miles

  • HIC Daycare

    1.85 miles

  • Ralph M. Parsons Preschool

    2.59 miles

  • Vernon Adult Day Program

    3.22 miles

  • Vine Street Early Education Center

    3.28 miles

  • Komitas

    3.71 miles

  • Neighborhood Nursery School

    4.38 miles

  • Play Mountain Place

    4.51 miles

  • Valentina's Preschool

    4.59 miles

  • A Child's Place

    4.69 miles

  • Gan Yaffa

    4.96 miles

Frequently Asked Questions

How much does Downtown Los Angeles Redevelopment Opportunity cost?

The sale price for Downtown Los Angeles Redevelopment Opportunity is available upon request. Contact the listing broker for more information.

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Contact Listing Broker

broker

Jonathan Cuticelli

Hilco Real Estate