240 S Normandie Ave, Los Angeles, CA 90004
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240 S Normandie Ave Los Angeles, CA 90004

$2,800,000
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
For Sale
$2,800,000 Get Pre-Qualified

Map preview of 240 S Normandie Ave, Los Angeles, CA 90004

Property Overview: 240 S Normandie Ave Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 9,004 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Presented for sale is a centrally located prime R4-1 lot for development in Los Angeles. Property is "ED-1 eligible site" which offers affordable housing developers amazing incentives such as unlimited density & height increase bonus, zero parking requirements, 100% increase of base FAR ratio, streamlined and faster ministerial approval process and many more. This lot boasts central location minutes to Hollywood, Silver Lake, Downtown LA or Korea Town with a WalkScore of 92/100 - walker's paradise. The neighborhood has a lot of nearby conveniences, stores and restaurants. It is close to public transportation and major freeway access. Property is also located inside the Opportunity Zone, which can give major tax incentives to the right developer. Current structure is a 3-unit building which will be delivered vacant. No eviction, relocation assistance or SB8 replacement of protected units/tenants necessary. This is not to be missed! Contact listing agent today!

Listed by E. Jaz Pinca | BRE #01832110 | EJP & Associates
Last checked: 12 minutes ago | Last updated: April 30th, 2024 | Source CRMLS | DOM: 16
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Home details

Lot Sq. Ft
9,004
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Land
Status
Active
MLS#
OC24086104
City
Los Angeles
County
Los Angeles
Time on Site
21 days

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Property Details for 240 S Normandie Ave

Lot Details / Garage and Parking
Lot Information
  • Lot Features: Front Yard, Garden, Lot 6500-9999, Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights, Neighborhood
  • Parcel Number: 5518007013
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: From the 101 Hwy exit to Silver Lake Blvd and head west, Silver Lake Blvd will turn to Beverly Blvd then turn left to Normandie Ave, property is on the left-hand side before W 3rd St.
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

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Sale History for 240 S Normandie Ave

View property's historical transactions
  • April, 2024

  • Apr 30, 2024

    Date

    Active

    CRMLS: OC24086104

    $2,800,000

    Price

Tax History for 240 S Normandie Ave

Assessed Value (2020): $270,360
Year Land Value Improved Value Assessed Value
2020 $246,267 $24,093 $270,360

Home Value Compared to the Market

This property vs the competition

240 S Normandie Ave is listed 124% higher than the median list price for the city of Los Angeles which has a median list price of $1,250,000.

About 240 S Normandie Ave

Detailed summary of property

240 S Normandie Ave is a land located in Los Angeles, CA 90004 and is currently for sale. This land offers -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 9,004 square foot lot. 240 S Normandie Ave was first listed on ArdentRealEstateGroup.com on April 30, 2024. The homeowner is currently asking $2,800,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $780. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 124% higher than the median priced home. Local competing homes currently for sale include 738 Kohler St, 4420 S Broadway and 1786 N Spring St. While the average home in Los Angeles, CA is selling in 93 days, 240 S Normandie Ave has a days on market of 16 days. There are currently 3718 homes for sale in the Los Angeles real estate market and 2495 of them are single family homes while 1123 of them are condos and 94 are townhomes. For more information on this home for sale at 240 S Normandie Ave Los Angeles, CA 90004 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 240 S Normandie Ave

Public county record property details
Beds
3
Baths
5
Year built
1915
Sq. Ft.
3,248
Lot Size
9,001
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
72
APN
5518-007-013

The source for these homes facts are from public records.

90004 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,390,000
Median List Price/Sq.Ft.
$795
Median Sold Price
$1,650,000
Median Sold Price/Sq.Ft.
$873
Total Inventory
66
Median Sale to List Price %
97.35%
Avg Days on Market
27
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (13.33%), Other (0%)

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Related Resources to 240 S Normandie Ave

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.