632 North Normandie Avenue is a $1,300,000 property on a 0.16 acre lot located in Los Angeles, CA.
Great development potential in a very desirable development area!!! The subject property consists of 6,903/SF of land with an SFR. The property is located within the Transit Oriented Communities (TOC) incentive program area. The parcel has been designated with a Tier 2 designation allowing for up to 60% in density bonus. The ?by-right? developable unit count is eight (8). Utilizing the TOC Tier-2 density bonus incentives a total of 15 units are allowed with nine-percent (9%) set aside units for extremely low income. Depending on your unit mix and parking levels (at-grade or subterranean) your final project may be influenced by such factors. Email me for full marketing brochure!
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