Log In/Sign Up
Your email has been sent.
1127 N Normandie Ave - 1127 Normandie Ave 0.12 Acres of Residential Land Offered at $999,000 in Los Angeles, CA 90029
Investment Highlights
- No rent control on the future project!
- Large (5,352 SF) flat lot, ideal for a new construction project.
- New construction in this neighborhood commands premium rents and high resale value.
- Opportunity Zone, major tax benefits (consult CPA)
- Vacant SFR currently on lot. No relocations needed!
- LARD1.5 zoning
Executive Summary
The Land Specialists are pleased to present 1127 N Normandie Ave, 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.
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 Facts
| Price | $999,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.12 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | LARD1.5 | ||
| Price | $999,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.12 AC |
| Opportunity Zone |
Yes |
| Zoning | LARD1.5 |
1 Lot Available
Lot
| Price | $999,000 | Lot Size | 0.12 AC |
| Price Per AC | $8,130,875.35 |
| Price | $999,000 |
| Price Per AC | $8,130,875.35 |
| Lot Size | 0.12 AC |
1 1
Very walkable
80/100
Very drivable
80/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5537-017-018 | Improvements Assessment | $199,000 |
| Land Assessment | $800,000 | Total Assessment | $999,000 |
Property Taxes
Parcel Number
5537-017-018
Land Assessment
$800,000
Improvements Assessment
$199,000
Total Assessment
$999,000
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
1127 N Normandie Ave - 1127 Normandie Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.