---
listing_id: CRPF26141841
status: Active
price: 1750000
beds: 0
baths_full: 0
baths_half: 0
sqft_living: 
sqft_lot: 5944
lot_acres: 
year_built: 1942
property_type: Residential Income
property_subtype: 
address: "148 S Normandie Ave"
city: Los Angeles
state: CA
zip: 90004
county: "Los Angeles County"
lat: 34.071399
lng: -118.3001695
days_on_market: 11
hoa_fee: 
hoa_frequency: 
garage_spaces: 4
list_agent: "Sang Ur"
list_office: "Redfin Corporation"
list_agent_phone: "–"
list_agent_license: 01474940
mls_source: CRMLS
modified: 2026-07-10
transaction_type: buy
---

Home | Los Angeles County | Los Angeles | 90004 | 148 S Normandie Ave

148 S Normandie Ave, Los Angeles, CA 90004

MLS: CRPF26141841 | Status: Active | Price: $1,750,000
Beds/Baths: – / –
Property Type: Residential Income

Quick Facts

Beds Baths Sq Ft Sq Ft Lot Yr Built
– – – 5,944 1942

Remarks

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!

MLS Listing Information

Field Value
MLS # CRPF26141841
MLS Source California Regional MLS
Days on Site 11

Features

Interior Features

Feature Details
Cooling Other
Heating Other

Exterior Features

Feature Details
Roof Tile
Foundation Other
Pool None

Parking, School, and Other Information

Feature Details
Garage/Parking Garage, Garage: 4 Car(s)
HOA Fee $0

Contact Information

Listing Agent Co-Listing Agent
Sang Ur Anita Richards
Redfin Corporation Redfin Corporation
License #: 01474940 License #: 02095888
Phone: – Phone: –

Property Units

# Buildings # Leased Units # Total Units
2 – 4

School Ratings

School data provided by GreatSchools.org

Nearby Schools

School Type Grades Distance Rating
Cahuenga Elementary School public K-5 0.29 mi 7
Frank Del Olmo Elementary School public K-5 0.45 mi 7
Harvard Elementary School public K-5 0.46 mi 6
Alexandria Avenue Elementary School public K-5 0.47 mi 8
Charles H. Kim Elementary School public K-5 0.47 mi 9
Virgil Middle School public 6-8 0.55 mi 7
Dr. Sammy Lee Medical And Health Science Magnet Elementary public K-5 0.70 mi 8
Young Oak Kim Academy public 6-8 0.80 mi 4
Commonwealth Avenue Elementary School public K-5 0.82 mi 6
RFK Community Schools Los Angeles High School Of The Arts public 9-12 0.87 mi 5
RFK Community Schools For The Visual Arts And Humanities public 9-12 0.87 mi 6
RFK Community Schools-Ambassador School of Global Leadership public 6-12 0.87 mi 4
UCLA Community School public K-12 0.89 mi 5
RFK Community Schools New Open World Academy K-12 public K-12 0.94 mi 3
RFK Community Schools - Ambassador School - Global Education public K-5 0.94 mi 3
Dayton Heights Elementary School public K-5 1.00 mi 6
Van Ness Avenue Elementary School public K-5 1.12 mi 4
Wilshire Park Elementary School public K-5 1.15 mi 9
Lafayette Park Primary Center public KG 1.17 mi N/A
Wilton Place Elementary School public K-5 1.24 mi 5

Nearby Homes

Address Price Beds Baths Sq Ft Status
5336 Lemon Grove $1,690,000 – – – Active
351 S Catalina St $2,095,000 – – – Active
1716 Winona Bld $1,595,000 – – –
1107 S Mariposa Ave $1,650,000 – – – Active

Disclosures

©2026 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.

Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.

This listing information is up-to-date as of July 10, 2026. For the most current information, please contact Sang Ur.