148 S Normandie Avenue, Los Angeles, CA 90004

Los Angeles
Local realty services provided by:ERA North Orange County Real Estate
148 S Normandie Avenue,Los Angeles, CA 90004
$1,750,000
  • 6 Beds
  • 6 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: sang ur, anita richards
Office: redfin corporation
MLS#:PF26141841
Source:San Diego MLS via CRMLS

Price summary

  • Price:$1,750,000

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

  • Listing ID #:PF26141841
  • Added:118 day(s) ago
  • Updated:October 27, 2026 at 03:30 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:6

Structure and exterior

  • Roof:Tile/Clay
  • Levels:2 Story

Finances and disclosures

  • Price:$1,750,000
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