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Prime Koreatown Covered Land Play & Value-Add Opportunity! This exceptional site features high-density LAR4 zoning with a TOC Tier 2 designation, unlocking massive density bonuses, increased FAR, and reduced parking requirements for a future luxury residential complex. Positioned within an official Qualified Opportunity Zone (QOZ), the property offers incoming investors substantial tax incenti
Prime Koreatown Covered Land Play & Value-Add Opportunity! This exceptional site features high-density LAR4 zoning with a TOC Tier 2 designation, unlocking massive density bonuses, increased FAR, and reduced parking requirements for a future luxury residential complex. Positioned within an official Qualified Opportunity Zone (QOZ), the property offers incoming investors substantial tax incentives and capital gains deferrals. Located in the highly desirable Wilshire Center/Koreatown submarket (90004), 148 S Normandie Ave is situated on a prime ±5,944 sq. ft. corner lot, perfectly pairing stable immediate cash flow with massive development upside. Operational flexibility with the current tenants are on Month-to-Month leases, delivering a frictionless path for a developer looking to break ground or a value-add buyer looking to immediately capture true market-rate stabilization. Owner overhead is kept low, as all units are individually metered for electricity and gas, strictly limiting utility exposure. Do not miss this secure, low-overhead wealth preservation vehicle in one of Los Angeles’ most supply-constrained rental markets!
Premier by Redfin serves clients with exceptional homes that deserve extra time and attention. You get the persona
Premier by Redfin serves clients with exceptional homes that deserve extra time and attention. You get the personal service and local expertise you’d expect from a high-end brokerage, plus the most comprehensive marketing plan in real estate. Your Redfin agent will create a winning strategy to prepare your home for a flawless debut and market it to attract the most qualified buyers.
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Zuletzt aktualisiert
Juli 12
Erstmalig gelistet
Jul 12
Angebotsreferenz
220698907.0
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Hallo, ich rufe wegen der Immobilie mit der Referenz 220698907.0 an, die ich auf JamesEdition gefunden habe.
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