Downtown Los Angeles Redevelopment Opportunity

1238 Normandie Avenue, Los Angeles, CA 90006

  • For Sale $2,800,000
  • Property Type VacantLand
  • Lot Size 0.41 Acre
  • Date Updated Jan 23, 2025
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/Normandie

    0.94 miles

  • Wilshire/Normandie Station

    0.95 miles

  • Wilshire/Western Station

    1.10 miles

  • Wilshire/Western

    1.11 miles

  • Westlake/MacArthur Park

    1.48 miles

  • Grand/LATTC

    2.03 miles

  • Vermont/Beverly Station

    2.04 miles

  • Expo/Vermont

    2.10 miles

  • Expo/Western

    2.11 miles

  • 7th Street/Metro Center

    2.30 miles

  • 76

    0.45 miles

  • Shell

    0.56 miles

  • Chevron

    0.97 miles

  • Adam's Fuel

    1.07 miles

  • Arco

    1.24 miles

  • Mobil

    1.25 miles

  • Electric Vehicle Charging Station

    1.97 miles

  • FLO

    4.98 miles

  • Culver City Supercharger

    6.69 miles

  • Tesla Supercharger

    7.11 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

  • Bond Lot

    1.62 miles

  • USC Parking

    1.62 miles

  • Employee Lot

    1.66 miles

  • Jefferson Blvd. Parking Structure

    1.70 miles

  • Lot SSRI

    1.78 miles

  • West Garage

    1.78 miles

  • New seoul hotel

    0.62 miles

  • Hometel Suites

    0.69 miles

  • The Rumi

    0.77 miles

  • Rotex Hotel

    0.81 miles

  • Bethel House

    0.84 miles

  • Oxford Palace

    0.85 miles

  • Hollywood Stay

    0.94 miles

  • LA Comfortable house (korean)

    0.97 miles

  • LA Pyunanhan House

    0.97 miles

  • The Line

    0.99 miles

  • Pico Pica Rico

    0.12 miles

  • El Camacho

    0.13 miles

  • El Nuevo Mirador

    0.13 miles

  • Guelaguetza

    0.32 miles

  • Dino's Famous Chicken

    0.33 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

  • 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

  • Magnolia Elementary School

    0.76 miles

  • Morning Star Education Center

    1.53 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

  • Jim Gilliam Child Care Center

    3.93 miles

  • Neighborhood Nursery School

    4.38 miles

  • CCDC of Little Angels Schools

    4.47 miles

  • Play Mountain Place

    4.51 miles

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Contact Listing Broker
broker
Jonathan Cuticelli

Hilco Real Estate

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