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600 N Normandie Avenue

Los Angeles (City), CA 90004
  • $1,575,000
  • STATUS: Active
  • ON SITE: 40 Days
  • ID#: SR21232405
UPDATED: 45 min ago
$1,575,000
  • 6
    BEDS
  • 0.16
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,196
    SQFT
  • $717
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1923
County:

School Ratings & Info

School District:
Listing provided courtesy of Francis Evanisko of Evanisko Realty & Investment

Description

We are pleased to offer for sale this extremely rare multifamily zoned lot. The property is well aligned for new multifamily development due to a slew of advantageous factors. This is not an entitled or RTI project. This is a marketing brochure which articulates one potentially viable way of developing the property.1. Corner site. Project ingress/egress, view potential, and overall project visibility are all maximized.2. R3-1. Perhaps the most attractive multifamily zone.3. Transit Oriented. Tier 1.4. Located in the Opportunity Zone.5. Beautifully remodeled 6-bedroom SFR.6. Highest and best use will not require a discretionary planning action as a TOC project can potentially be executed without height increase.More value...In addition to being a viable 14-unit development site, the subject property is currently improved with a beautifully remodeled six-bedroom single family home. This will ensure a purchaser with a turn-key residence or rental property while processing entitlements with the City of Los Angeles. All bedrooms, bathrooms, and other areas of the house have been remolded.Title depicts the property as a 2,196 SF 4 bed/2 bath SFR built in 1923. Hence, it is most likely that two of the bedrooms were created without permits.The property is not identified as having historic potential.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-11-30T12:27:23.253. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Swack Real Estate Group | Keller Williams Realty Central Coast. Licensed in the State of California, USA.
www.swackrealestategroup.com/homes/122610602
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600 N Normandie Avenue Los Angeles (City), CA 90004

  • Price: $1,575,000
  • Status: Active
  • On Site: 40 Days
  • Updated: 45 min ago
  • ID#: SR21232405
6
Beds
2
Baths
0
½ Baths
0.16
Acres
2,196
SQFT
$717
$/SQFT
1923
Built
Neighborhood:
C17 - Mid-Wilshire
County:
Los Angeles
Area:
C17 - Mid-Wilshire
School District:
Los Angeles Unified
Property Description
We are pleased to offer for sale this extremely rare multifamily zoned lot. The property is well aligned for new multifamily development due to a slew of advantageous factors. This is not an entitled or RTI project. This is a marketing brochure which articulates one potentially viable way of developing the property.1. Corner site. Project ingress/egress, view potential, and overall project visibility are all maximized.2. R3-1. Perhaps the most attractive multifamily zone.3. Transit Oriented. Tier 1.4. Located in the Opportunity Zone.5. Beautifully remodeled 6-bedroom SFR.6. Highest and best use will not require a discretionary planning action as a TOC project can potentially be executed without height increase.More value...In addition to being a viable 14-unit development site, the subject property is currently improved with a beautifully remodeled six-bedroom single family home. This will ensure a purchaser with a turn-key residence or rental property while processing entitlements with the City of Los Angeles. All bedrooms, bathrooms, and other areas of the house have been remolded.Title depicts the property as a 2,196 SF 4 bed/2 bath SFR built in 1923. Hence, it is most likely that two of the bedrooms were created without permits.The property is not identified as having historic potential.
Exterior Features

Attached Garage YN 0 Lot Features 0-1 Unit/Acre16-20 Units/Acre11-15 Units/Acre2-5 Units/Acre21-25 Units/Acre26-30 Units/Acre36-40 Units/Acre31-35 Units/Acre6-10 Units/AcreCorner LotLevelRectangular Lot Parking Total 2 Pool Features None Pool Private YN No Property Attached YN No View City LightsHillsMountain(S)Neighborhood View YN Yes

Interior Features

Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features Living Room Fireplace YN Yes Heating Central Heating YN Yes Interior Features Bedroom On Main Level Main Level Bathrooms 1 Main Level Bedrooms 2

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features CurbsStorm Drain(S)Street LightsSidewalksUrban Garage YN Yes Land Lease YN No Laundry Features See Remarks Lease Considered YN No Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 Exchange New Construction YN No Property Sub Type Single Family Residence Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Structure Type House Water Source Public Zoning Lar3



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-11-30T12:27:23.253. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Swack Real Estate Group | Keller Williams Realty Central Coast. Licensed in the State of California, USA.
 
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Swack Real Estate Group | Keller Williams Realty Central Coast
1851 Shell Beach Road Ste B
Shell Beach CA, 93449
Listing provided courtesy of Francis Evanisko of Evanisko Realty & Investment