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$2,399,000
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Property Description
Presented for sale is a centrally located prime R4 lot for development in Los Angeles. Property is "ED-1 eligible site" which offers affordable housing developers amazing incentives! Your chance to build an amazing project in the heart of Los Angeles with no evictions, relocation assistance or SB8 replacement of protected units necessary as it will be delivered vacant. This lot boasts central location minutes to Hollywood, Silver Lake, Downtown LA or Korea Town with a WalkScore of 92/100 - walker's paradise. The neighborhood has a lot of nearby conveniences, stores and restaurants. It is close to public transportation and major freeway access. Property is also located inside the Opportunity Zone, which can give major tax incentives to the right developer. Current structure is a 3-unit building. This is not to be missed! Contact listing agent today!
Full Property Details
Full Property Details for 240 S Normandie Ave
General
- Price: $2,399,000
- Status: Active
- Type: Lots/Land
- Source: MRMLS
- MLS ID: OC25102562
- Updated: 12/1/2025
- Days on Market: 235 days
- Added to Site: 234 day(s) ago
Location
- Area: C17 - Mid-Wilshire
- County: Los Angeles
- Development Name: C17 - Mid-Wilshire
- Driving Directions: From the 101 Hwy exit to Silver Lake Blvd and head west, Silver Lake Blvd will turn to Beverly Blvd then turn left to Normandie Ave, property is on the lefthand side before W 3rd St.
- Dist. to Beach: 13m to beach (Miles)
Utilities
- Water: Public
- Dist. to Water: 13m to beach
Lot Features
- Property View: City Lights, Neighborhood
- Lot Size (Acres): 0.2067
- Lot Size (Sq. Ft.): 9,004
- Lot Size Source: Assessor
- Zoning: LAR4
- Lot Description: Sidewalks, Street Lights
Financial Considerations
- Price Per Sq. Ft.: $266.44
Listed by EJP & Associates, E. Jaz Pinca
Get Pre-Approved Today
Schools
Schools serving 240 S Normandie Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Cahuenga Elementary School 220 South Hobart Boulevard, Los Angeles, CA 90004 | K-5 | 0.3 mi |
Virgil Middle School 152 North Vermont Avenue, Los Angeles, CA 90004 | 6-8 | 0.6 mi |
Belmont Senior High School 1575 West 2nd Street, Los Angeles, CA 90026 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 240 S Normandie Ave
Date
Details
Price
Change
Source
5/29/2025
Listed
$2,399,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 240 S Normandie Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,066
4%
$295,672
4%
2023
$3,902
4%
$284,193
2%
2022
$3,741
2%
$278,622
2%
2021
$3,675
-1%
$273,160
1%
2020
$3,704
4%
$270,360
2%
2019
$3,574
4%
$265,060
2%
2018
$3,429
2%
$259,863
2%
2017
$3,361
8%
$254,768
7%
2016
$3,118
1%
$238,684
2%
2015
$3,076
-1%
$235,100
2%
2014
$3,106
—
$230,496
—
2013
$3,100
—
$229,456
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 240 S Normandie Ave
240 S Normandie Avenue, Los Angeles, CA 90004 (MLS# OC25102562) is a Lots/Land property with a lot size of 0.2067 acres. 240 S Normandie Avenue is currently listed for $2,399,000 and was received on May 29, 2025. Want to learn more about 240 S Normandie Avenue? Do you have questions about finding other Lots/Land real estate for sale in Mid-Wilshire? You can browse all Mid-Wilshire real estate or contact a Coldwell Banker agent to request more information.

