1238 Normandie Avenue

• Previously slated for a 5-story, 75-unit multifamily development
• Heavily traveled area of W. Pico Blvd. & S. Normandie
• Easy access to two major interstates (I-10 & I-110)

Property Description

These three contiguous parcels, totaling 0.41± acres, are exceptionally located right off W. Pico Blvd, on the edge of Koreatown. The area is currently undergoing rapid growth and development. Investors have an incredible opportunity to acquire nearly half an acre in a downtown Los Angeles neighborhood poised for growth. The zoning allows for development of a mid-rise multifamily housing project. Previous ownership proposed a 100% affordable housing project consisting of a 5-story, e levator-served building with 75 residential units.