4712 S Normandie Avenue

    Los Angeles (City), CA 90037
    • $1,850,000
    • STATUS: Active
    • ON SITE: 11 days
    • ID#: 19497490
    UPDATED: 36 min ago
    $1,850,000
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    We are pleased to present this Development Opportunity in the Vermont Square neighborhood located at 4712 and 4716 S Normandie Ave. LA, CA 90037. The site consists of two parcels (APN #5017-004-003 & APN #5017-004-025) that are currently being used as a Car Dealership. There is one structure on the parcels that is approximately 750 SF. However; both parcels can be delivered vacant upon sale or with a Sale Leaseback.Both parcels consist of a total 11,014 Lot SF zoned C2-1VL with about 90 feet of frontage on Normandie Ave. Also, the Opportunity is located in a Tier 2 Transit Oriented Community and is situated in a Community Plan Implementation Overlay for South LA. This is a fantastic opportunity to develop in one of Los Angeles's up and coming communities. An Investor could take advantage of these programs to increase the number of buildable units through density bonuses at the Site as well as look at a 100% Affordable Housing Project which would significantly reduce parking costs.

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    Based on information from CARETS as of 2019-08-19T08:43:26.213. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.rosalietherealtor.com/homes/97696594

    4712 S Normandie Avenue Los Angeles (City), CA 90037

    • Price: $1,850,000
    • Status: Active
    • Updated: 36 min ago
    • ID#: 19497490
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    Neighborhood:
    Los Angeles Southwest (C34)
    County:
    Los Angeles
    Area:
    Los Angeles Southwest (C34)
    Property Description
    We are pleased to present this Development Opportunity in the Vermont Square neighborhood located at 4712 and 4716 S Normandie Ave. LA, CA 90037. The site consists of two parcels (APN #5017-004-003 & APN #5017-004-025) that are currently being used as a Car Dealership. There is one structure on the parcels that is approximately 750 SF. However; both parcels can be delivered vacant upon sale or with a Sale Leaseback.Both parcels consist of a total 11,014 Lot SF zoned C2-1VL with about 90 feet of frontage on Normandie Ave. Also, the Opportunity is located in a Tier 2 Transit Oriented Community and is situated in a Community Plan Implementation Overlay for South LA. This is a fantastic opportunity to develop in one of Los Angeles's up and coming communities. An Investor could take advantage of these programs to increase the number of buildable units through density bonuses at the Site as well as look at a 100% Affordable Housing Project which would significantly reduce parking costs.
    Exterior Features

    Lot Description 2-4 Lots View Other View

    Property Features

    Association Dues 0.0 Country United States Of America Electric On Property Hoa YN N Legal Disclosures OtherCommission to Buyer Agent Lot Size Source Other Sewer On Site Special Conditions Standard Sale Zoning Lac2

    Listing provided courtesy of Jonathan Prakash DRE#01483131 of Keller Williams Silicon Beach and Derrick Vartanian CA DRE# 01816119 of .


    Based on information from CARETS as of 2019-08-19T08:43:26.213. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
    The Agency
    331 N Foothill Rd, #100
    Beverly Hills CA, 90210