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Land - 1127 N Normandie, Los Angeles, CA

$849,000

1127 N Normandie, Los Angeles, CA

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Description

1127 N Normandie Ave is a prime development opportunity adjacent to Silver Lake, one of LA’s most sought-after Eastside neighborhoods. Situated on a 5,352 SF flat lot within an Opportunity Zone and not subject to rent control, this asset offers significant upside for developers and investors alike. The property is currently improved with a vacant SFR, allowing for a streamlined development process with no tenant relocations required. Zoned LARD1.5, the site offers by-right development potential in a high-demand rental market where new construction commands premium rents. Centrally located near major employment hubs including Kaiser Permanente, Netflix, Paramount Studios, and the Hollywood Media District, the property attracts a strong tenant base of young professionals and students. Residents will enjoy a highly walkable location near top dining, coffee, and retail, along with easy access to the Vermont/Sunset Metro and surrounding hubs like Silver Lake, Los Feliz, and Hollywood. With limited inventory and continued rental demand in this submarket, 1127 N Normandie presents a compelling opportunity to develop in a proven, high-growth location.

Property details

Property type
Land
Lot size
5,352 sqft

Location

1127 N Normandie • Los Angeles, CA 90029

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Listed by

Cheyenne Womack · Myunits.com Inc.

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Recent sales near 1127 N Normandie

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