There are multiple listings for this address:
$1,750,000
148 S Normandie AV
Los Angeles, CA, 90004
Property Description
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!
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!
Property Details
Price:
$1,750,000
MLS #:
PF26141841
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
c17midwilshire
Listed Date:
Jun 30, 2026
Lot Size:
5,944 sqft / 0.14 acres (approx)
Year Built:
1942
Schools
School District:
Los Angeles Unified
Interior
Bathrooms
6 Full Bathrooms
Cooling
SEE
Laundry Features
SEE
Levels
U
Main Level Bathrooms
5
Main Level Bedrooms
8
Exterior
Common Walls
NCW
Community Features
SDW, SL
Garage Spaces
4
Parking Spots
4
Parking Total
4
View
NO
Financial
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Courtesy of Redfin Corporation. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Mohr Real Estate Group include the name of the listing broker. Neither the listing company nor Mohr Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 148 S Normandie AV
Los Angeles, CA
$1,750,000
148 S Normandie AV
Los Angeles, CA, 90004
Property Description
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!
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!
Property Details
Price:
$1,750,000
MLS #:
PF26151135
Status:
Active
Beds:
7
Baths:
6
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
c17midwilshire
Listed Date:
Jul 11, 2026
Finished Sq Ft:
3,559
Lot Size:
5,944 sqft / 0.14 acres (approx)
Year Built:
1942
Schools
School District:
Los Angeles Unified
Interior
Bathrooms
6 Full Bathrooms
Cooling
SEE
Laundry Features
SEE
Levels
U
Main Level Bathrooms
5
Main Level Bedrooms
8
Exterior
Common Walls
NCW
Community Features
SDW, SL
Garage Spaces
4
Parking Spots
4
Parking Total
4
View
NO
Financial
Need more info?
If you have any questions about this property, we at the Mohr Group would be happy to answer them. Click the button below and send us a message.
Ask a QuestionReady to go see it?
Schedule a Showing