See Home Value
Los Angeles 90037 Voices of 90037
4712 South NORMANDIE Avenue
$2,696,045*
Land - Off Market

4712 South NORMANDIE Avenue

Los Angeles (City), CA 90037
bedrooms
Studio
bathrooms
0 Bath
$1,665,000 - $2,035,000
Reference Base Price*
45.73%
Since Nov 1, 2019
CA-Los Angeles
Primary Model

About This Property

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.
Unit Size
-
Days on Market
-
Land Size
11,014.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
2001

Price History

Date / Event Date Event Price
Oct 4, 2019 No longer available -
No longer available
Aug 7, 2019 Listed $1,850,000
Listed

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
6,800 ft²
$263/ft²
$1,790,000 Jan 25, 2024
-
-
Other
Loft
-
6,750 ft²
$304/ft²
$2,050,000 Nov 7, 2023
-
-
Other
Loft
-
7,615 ft²
$196/ft²
$1,495,000 Jan 30, 2024
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190807
08/07/2019
Studio
-
-
$1,850,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

4712 South Normandie Avenue 4712 South Normandie Avenue, Los Angeles, CA 90037
More about this Building
4712 South Normandie Avenue
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About South LA


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