Downtown Los Angeles Redevelopment Opportunity

For Sale

1238 Normandie Avenue, Los Angeles, CA 90006

This Los Angeles property for sale is located at 1238 Normandie Avenue. The current listed sale price for Downtown Los Angeles Redevelopment Opportunity is $2,800,000. Downtown Los Angeles Redevelopment Opportunity is situated on a lot that is 0.41 acre in size.

Contacts

broker
Jonathan Cuticelli

Hilco Real Estate

Property Details

  • Property Type VacantLand
  • Lot Size 0.41 Acre
  • Additional Rent Contact for pricing
  • Date Updated Jan 7, 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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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)

Attachments

Getting around

  • 91/100

    Walk Score ®

  • 68/100

    Transit Score ®

  • 70/100

    Bike Score ®

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Location

  • 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

  • Two Guys Plaza

    0.46 miles

  • Hannam Chain Supermarket

    0.47 miles

  • Galleria Market

    0.59 miles

  • Jons

    0.67 miles

  • Koreatown Plaza

    0.71 miles

  • Food 4 Less

    0.72 miles

  • El Super

    0.74 miles

  • Numero Uno Markets

    0.93 miles

  • Ralphs

    0.98 miles

  • Ross

    1.02 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Jonathan Cuticelli

Hilco Real Estate