148 S Normandie Avenue, Los Angeles, CA 90004
Local realty services provided by:ERA North Orange County Real Estate
148 S Normandie Avenue,Los Angeles, CA 90004
$1,750,000
- 7 Beds
- 6 Baths
- 3,559 sq. ft.
- Single family
- Active
Listed by: sang ur, anita richards
Office: redfin corporation
MLS#:PF26151135
Source:San Diego MLS via 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 utility exposure. Do not miss this secure, low-overhead wealth preservation vehicle in one of Los Angeles' most supply-constrained rental markets!...
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Home facts
- Year built:1942
- Listing ID #:PF26151135
- Added:67 day(s) ago
- Updated:September 06, 2026 at 02:21 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:6
- Full bathrooms:6
- Living area:3,559 sq. ft.
Structure and exterior
- Year built:1942
- Building area:3,559 sq. ft.
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,750,000
- Price per sq. ft.:$491.71
Parking
- Total parking spaces:4
- Parking description:Garage
- Garage spaces:4
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