1127 N Normandie, Los Angeles, CA 90029
- $849,000
List Agent Cheyenne Womack () 805-973-7470 Myunits.com Inc.; CoList ()
- List Price
- $849,000
- Status
- ACTIVE
- MLS#
- BB26126538
- Lot Size
- 5,352
- Lot Location
- Level, Street Level
- Days on Market
- 50
- Property Type
- Land
Property 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.
Additional Information
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Based on information from CRISNet MLS as of . 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.