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3020 S.Normandie Avenue,
Los Angeles, California 90007

$1,095,000
3020 S.Normandie Avenue, Los Angeles 90007

Property Details

Beds2 Baths2 Garage0
Bldg Size1 sq. ft

Property Description

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.

Property Status: For Sale

Location

3020 S.Normandie Avenue, Los Angeles, California 90007

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