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Listed by Cheyenne Womack, DRE #02064825 • Myunits.com Inc.
$ 849,000
Est. payment | /mo
5,352 Sqft Lot
$ 849,000
Est. payment | /mo
5,352 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRBB26126538
Lot Size 5,352 Sqft
Property Sub-Type Other Residential Land
Source California Regional MLS
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.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LWS,LL
Exterior
View Local/Neighborhood
Building
Lot Description Grade - Level
Water District - Public
Others
Tax ID 5537017018
Special Listing Condition Not Applicable
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