Listing provided courtesy of Christopher Martinez Diaz of Vinco Vinco Realty & Investments Inc. Last updated 2024-11-02 09:17:54.000000. Listing information © 2024 SANDICOR.
Asking Price: $2,000,000
6611 Normandie, Los Angeles CA 90044
Community:
This Lots/Land property was built in and is priced at $2,000,000. Please see the additional details below.
Expansive land spanning an entire city block from 66th to 67th Street, comprising five adjacent lots totaling 20,817 square feet of commercially zoned land (C2-1VL-CPIO). This vacant land presents various development possibilities, from retail commercial projects to multifamily housing. This unique property is a standout development opportunity in the heart of South Los Angeles. Assembling multiple parcels like this is exceptionally rare, saving investors significant time and resources. Its considerable size also eliminates the hurdles of demolishing and replacing old units, a notable advantage given the complex political climate surrounding new developments in Los Angeles. The sale includes parcel numbers 6015-016-003, 6015-016-004, 6015-016-005, 6015-016-029, and 6015-016-030, which must be sold together.