854 S Normandie Ave, Los Angeles, CA 90005
FOR SALE0.3 ACRES

854 S Normandie Ave
Los Angeles, CA 90005

Koreatown

      $4,900,000

      Original price: $4,500,000
      Est. Mortgage $31,182/mo*
      Get Pre-Qualified

      Local Information

      map showing home location
      © Google
      -- mins to
      Commute Destination

      Description

      We are excited to present this spectacular corner lot development opportunity in prime Koreatown! The existing building consists of seven units and includes plenty of parking. With tier 3 zoning and a lot size of over 13,000 square feet, this building can be delivered vacant for a very promising development opportunity for 90 affordable units. Plans have been submitted and property can be delivered RTI (Buyer to pay permit fees) This amazing property is located in the heart of Koreatown, a rising area for development with nearby office buildings, hotels, retail, restaurants and a very unique nightlife!

      Home Highlights

      Parking
      No Info
      Outdoor
      No Info
      A/C
      Contact Manager
      HOA
      None
      Price/Sqft
      No Info
      Listed
      180+ days ago

      Home Details for 854 S Normandie Ave

      Interior Features

      View
      Has a ViewView: Other

      Days on Market

      Days on Market: 180+

      Property Information

      Property Type / Style
      Property Type: LandProperty Subtype: Unimproved Land

      Price & Status

      Price
      List Price: $4,900,000

      Active Status

      MLS Status: Active

      Location

      Direction & Address
      City: Los Angeles

      Agent Information

      Listing Agent
      Listing ID: 22-221437

      Lot Information

      Lot Area: 0.30 acres

      Listing Info

      Special Conditions: Standard

      Compensation

      Buyer Agency Commission: 2.5Buyer Agency Commission Type: %
      Notes
      The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

      Miscellaneous

      Mls Number: 22-221437
      Last check for updates: about 8 hours ago
      Listing courtesy of Sara Joata DRE # 02168012, (949) 610-3773
      The Agency, (424) 230-3700
      Daniel Stevenson DRE # 01981172, (646) 884-2928
      The Agency, (424) 230-3700
      Source: CLAW, MLS#22-221437

      Price History for 854 S Normandie Ave

      DatePriceEventSource
      07/20/2023$4,900,000PriceChange
      CLAW #22-221437
      11/30/2022$4,500,000Listed For SaleCLAW #22-221437
      06/26/2017$3,000,000Sold
      N/A

      Similar Homes You May Like

      Skip to last item
      Skip to first item

      New Listings near 854 S Normandie Ave

      Skip to last item
      Skip to first item

      Property Taxes and Assessment

      Year2023
      Tax$41,639
      Assessment$3,330,774
      Home facts updated by county records

      Comparable Sales for 854 S Normandie Ave

      Address
      Distance
      Property Type
      Sold Price
      Sold Date
      Bed
      Bath
      Sqft
      3028 W 7th St, Los Angeles, CA
      0.60
      Lot/Land
      $2,400,000
      12/26/23
      -
      -
      1128 S Ardmore Ave #20, Los Angeles, CA
      0.44
      Lot/Land
      $1,005,000
      07/28/23
      -
      -
      2961 W 8th St, Los Angeles, CA
      0.52
      Lot/Land
      $1,200,000
      01/31/24
      -
      -
      214 N Berendo St, Los Angeles, CA
      1.35
      Lot/Land
      $2,730,000
      07/07/23
      -
      -
      236 N Berendo St, Los Angeles, CA
      1.38
      Lot/Land
      $1,360,000
      03/08/24
      -
      -

      Neighborhood Overview

      Koreatown
      See Local Highlights
      Neighborhood stats provided by third party data sources.

      What Locals Say about Koreatown

      • G8bfjxphqr
        "koreatown is seriously 20 mins from everything in LA… at least when there isnt any traffic (lol) and is an awesome area"
        0
        Flag
      • H64qnr7bdg
        "Bus are easy to access and on time . Traffic crazy but manageable at times coming and going. Side streets are reliable "
        0
        Flag
      • Jason
        "Traffic is busy in the mornings and evenings. There are more cars than parking spaces, so parking is impossible at night."
        1
        Flag
      • Trulia User
        "the best part about this area that I've been in Bangladesh is they have Chateau party they have a lot of programs for children activity with the children such as baseball soccer basketball tennis and they fancy and I appreciate that so our children do have somewhere to go and socialize and achieve their goals that's the only thing in the last 20 years I've enjoyed in this neighborhood thank you"
        3
        Flag
      • Trulia User
        "they have so many families in this neighborhood and we all take our children out of the neighborhood to nice parks beaches amusement parks Disneyland rent airbnbs rent hotel rooms so our children can enjoy"
        0
        Flag
      • Trulia User
        "It’s a great place to hangout with friends, but it’s not the best place to live and raise children. "
        0
        Flag
      • Trulia User
        "It’s a diverse neighborhood. If you want to hangout with friends it’s a great spot, but to live here I don’t recommend it. Unless you like the city life it’s perfect for you. "
        8
        Flag
      • Trulia User
        "it's a nice place. there are a bunch of weirdos that live on the streets so I wouldn't let my kids out without an adult. "
        0
        Flag
      • Trulia User
        "gangs aren't as much of a problem as they were due to homeboy Industries and the work they do here,it's hard to believe that these people who were demonized could be now what's keeping our communities together thank you father Gregory Boyle for your belief and vision "
        1
        Flag
      • Trulia User
        "We can come together evert Other weekend barbecue have a family outing all the families together having fun"
        0
        Flag
      • Trulia User
        "You see people walking their dogs all the time. Beware, no one picks up after their pup and there’s poop everywhere :)"
        0
        Flag
      • Trulia User
        "There’s lots of grassy areas but people don’t train their dogs properly and few have control, manners, or pick up after their pets. "
        1
        Flag
      • Trulia User
        "Lots of people have dogs. Some are very respectful of homeowners properties. Most are not. Very few actual dog parks. You have to drive to them rather than just walk. I am a dog lover but to be perfectly honest it's not a place I would like to raise a dog as a pet. "
        0
        Flag
      • Trulia User
        "It’s okay. It has become an eyesore with homelessness and crime the past few years. Local government needs to stop lining their pockets and do something to help those in need. "
        0
        Flag
      • Trulia User
        "There are many young people here but could have more parks and public areas for young people to congregate."
        0
        Flag
      • Trulia User
        "A lot of dog friendly establishments, restaurants, and dog friendly landlords. Several Dog parks within 30 minutes "
        0
        Flag
      • Trulia User
        "Farmers markets and occasional street fairs. It still lacks a neighborhood vibe that makes you feel like someone is watching out for you. "
        0
        Flag
      • Trulia User
        "Living in ktown since 2016 and it’s one of the best family neighborhoods.Not much gang activity going on around and it’s pretty safe for kids.Good restaurants in the area as well."
        6
        Flag
      • Trulia User
        "It is a pretty fast commute to the are where I used to love which is La Brea and Beverly Hill and the commute is 10 minutes"
        0
        Flag
      • Trulia User
        "no dog park near by. not really areas for letting your dog loose only typical walks and grass patches on the sidewalk. but overall a nice area to walk by"
        0
        Flag
      • Trulia User
        "The area building looks sus. they only upload images of the surroundings but not the actual apartment themselves very irritating."
        0
        Flag
      • Martina M. V.
        "This neighborhood has so much to offer but it’s really not well maintained. Lots of tents and trash everywhere, insects on the streets and, well lots of dog owners who don’t pick up after their dogs. "
        17
        Flag
      • David S.
        "I work from home so there’s no commute. But people drive very poorly here. They run stop signs and don’t care. "
        8
        Flag
      • Angela
        "There are drunks that live on this block and the homeless population has increased. More people living in tents as you walk out of tour apt complex. "
        9
        Flag
      • Alex J.
        "Getting to the highway takes the longest. Bad drivers in this area, plus it’s very over crowded. It’s easy to get to DTLA though "
        7
        Flag
      • Andrina D.
        "My neighborhood has lots of families and friendly people. It is safe and clean. There are lots of restaurants and grocery stores nearby and a few parks. "
        3
        Flag
      • Mary P.
        "Ktown has amazing food. I feel safe walking alone in the day, but I avoid going out at night alone. Traffic is pretty heavy consistently. Parking is a nightmare. "
        5
        Flag
      • Kimberly H.
        "I’ve been in Koreatown for the past 10 years. I love the diversity of population and close proximity to a DTLA/Hollywood/Miracle Mile, and the food is delicious. But people do not pick up after their dogs and the homelessness is getting out of control."
        24
        Flag
      • Mariana A.
        "Friendly neighborhood. Lots of people walking their dogs. Wish they would pick up after them as well. "
        0
        Flag
      • Hola.albertloya
        "Lots of schools, very few parks. Walkable neighborhood, lots of homeless. great architecture and history. "
        0
        Flag
      • Joe P.
        "It’s centrally located and close to all areas of LA. Rents are still relatively low. Parking is absolutely awful. People are not neighborly and save street spaces daily when they have ample parking spaces in their lots. There’s very little neighborhood camaraderie. Bikes stolen frequently. Packages stolen so frequently it’s better to ship to an Amazon locker. My car has been broken into 3 times in 7 years. The only reason i stay is rent is so cheap for a huge space and it’s close to everything. "
        18
        Flag
      • Brianvaldez8
        "Streets are dirty Rent is extremely high and unaffordable. Dirty streets. Drink more water Dirty streets With NO PARKING . Extremely difficult to find a parking spot . Ticket officers always bullshiting and giving tickets. Pluck the police Clean your city and your neighborhood S"
        2
        Flag
      • Croissantflakes
        "Walking dogs is inconvenient. Drivers often don’t stop all the way at STOP signs, and even the small streets are busy with cars."
        0
        Flag
      • Mohammad S.
        "k town is very busy area, plenty of things to do and eat. it's split with little Bangladesh where you will find alot of cultural Indian food/events. "
        0
        Flag
      • Carla.p.park
        "I love the diversity of Koreatown. I also love the walkability factor. I’m close to the metro so if I need to go to DTLA, it’s a 7 min subway ride. It’s possible to live without a car in LA if you live in Koreatown. "
        9
        Flag
      • Caelonreed
        "Love Koreatown very lively. My neighbors are families and persons who are natives to this area and they are all very kind."
        0
        Flag
      • Megan G.
        "It’s up and coming. Gentrifying, but very slowly. I’ve loved it here for over a year. It’s quiet, yet popular."
        0
        Flag
      • Mistalock
        "I've lived in this area for twenty years and though it isn't the most neighborly of places it is well kept in most areas and is near everything that you'd want to do in a city. "
        3
        Flag
      • KTownLA
        "Gentrification and in-fill development has made this the fastest growing and most dense part of LA. Plethora of dining options and pubs/bars/clubs. More singles/couple oriented. Plans are being implemented to retain the Korean-American character. Some beautiful examples of architecture and stately buildings mixed in with modern and hodgepodge buildings. Closest thing to a walkable part of town with access to public transport aside from DTLA. Major homeless population is a big deterrent. "
        1
        Flag
      • Leslie M.
        "There is good diversity as far as restaurants in the area go. Other than that, the place is filling up with tents on sidewalks, as well as drunks passed out & rats running around. "
        2
        Flag

      LGBTQ Local Legal Protections

      Sara Joata, The Agency
      © 2024 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
      The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
      854 S Normandie Ave, Los Angeles, CA 90005 is a lot/land. 854 S Normandie Ave is located in Koreatown, Los Angeles. This property is currently available for sale and was listed by CLAW on Nov 30, 2022. The MLS # for this home is MLS# 22-221437.