3020 S Normandie Ave, Los Angeles, Los Angeles County, CA 90007

For Sale

Listed by Davis Saadian with Keller Williams Beverly Hills
$1,095,000 USD
  • 0.148 ac Lot Size
  • MultiFamily
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Property Summary for 3020 S Normandie Ave Español?

Type
MultiFamily
Sub-Type
Other
Lot Size
0.148 Ac
MLS Number
21-746702
Year Built
1922
Stories
1
Neighborhood
Adams - Normandie
Zip
90007
School District
Los Angeles Unified School District

Description for 3020 S Normandie Ave

We are pleased to offer the opportunity to acquire this 6,454 SF lot Student Housing Development opportunity located at 3020 S. Normandie Avenue, blocks to the University of Southern California (USC).The site offers a zoning ordinance of LAR3 (Q-condition), which allows for the construction of 5 units by right. With a Tier 1 TOC (50% density bonus), this allows for the development of an additional 4 units, totaling a potential 9 buildable units. The duplex is 100% occupied and will be delivered occupied upon the close of escrow.
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Listing provided by Combined LA Westside Multiple Listing Service, Inc
Copyright © 2021 Combined LA Westside Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Demographics in 90007top

Population

Total population 42,433
Male population 21,877
Female population 20,556
Median age 24.30

Households

Total households 11,919
Average people per household 3.03

Housing

Total housing units 13,038
Owner occupied 1,465
Renter occupied 10,454
Median year built 1954

Income

Median household income 27,406
Average household income 52,452

Disclaimer


Demographic data shown in this section was gathered from the latest U.S. Census Bureau release, the 2019 American Community Survey. The information is updated yearly, as soon as new data is made available by the US Census Bureau.

No representation, guarantee or warranty is made as to the accuracy or completeness of information modified or aggregated for specific neighborhoods and/or zip codes.

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