148 S Normandie Avenue, Los Angeles, CA 90004

Los Angeles
Local realty services provided by:ERA Carlile Realty Group
148 S Normandie Avenue,Los Angeles, CA 90004
$1,750,000
  • - Beds
  • - Baths
  • 3,559 sq. ft.
  • Multi-family
  • Active
Listed by: sang ur, anita richards
Office: redfin corporation310-409-2885
MLS#:PF26141841
Source:CRMLS

Price summary

  • Price:$1,750,000
  • Price per sq. ft.:$491.71

About this home

Prime Koreatown Covered Land Play & Value-Add Opportunity! This exceptional site features high-density LAR4 zoning with a TOC Tier 2 designation, unlocking massive density bonuses, increased FAR, and reduced parking requirements for a future luxury residential complex. Positioned within an official Qualified Opportunity Zone (QOZ), the property offers incoming investors substantial tax incentives and capital gains deferrals. Located in the highly desirable Wilshire Center/Koreatown submarket (90004), 148 S Normandie Ave is situated on a prime ±5,944 sq. ft. corner lot, perfectly pairing stable immediate cash flow with massive development upside. Operational flexibility with the current tenants are on Month-to-Month leases, delivering a frictionless path for a developer looking to break ground or a value-add buyer looking to immediately capture true market-rate stabilization. Owner overhead is kept low, as all units are individually metered for electricity and gas, strictly limiting...

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Home facts

  • Year built:1942
  • Listing ID #:PF26141841
  • Added:1 day(s) ago
  • Updated:July 01, 2026 at 05:37 PM

Rooms and interior

  • Living area:3,559 sq. ft.

Structure and exterior

  • Roof:Tile
  • Year built:1942
  • Building area:3,559 sq. ft.
  • Lot area:0.14 Acres
  • Levels:2 Story

Utilities

  • Water:Public, Water Connected
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$1,750,000
  • Price per sq. ft.:$491.71

Parking

  • Total parking spaces:4
  • Parking description:Garage
  • Garage:Yes
  • Garage spaces:4
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