148 S Normandie Avenue

Los Angeles, CA 90004

7 beds
6 baths
3,559 sq ft
5,944 sq ft lot
Built 1942

Listed by: Redfin Corporation

About this home

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!

Home details

Interior

Bedrooms: 7
Full bathrooms: 6
Living area: 3,559 sq ft
Levels: Two
Laundry: See Remarks
Fireplace: See Remarks
Cooling: See Remarks

Exterior & lot

Lot size: 5,944 sq ft (0.14 acres)
Lot features: 2-5 Units/Acre
View: None
Pool: None
Garage spaces: 4
Parking: Garage
Common walls: No Common Walls

Property & community

Property type: Quadruplex
Year built: 1942
Community: Street Lights, Sidewalks
School district: Los Angeles Unified
County: Los Angeles
MLS #: PF26151135
Listed: Jul 10, 2026

Location

Listed by: Redfin Corporation

Based on information from the California Regional Multiple Listing Service, Inc. Information is deemed reliable but not guaranteed. All data, including measurements and calculations of area, should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting this information.

Listing data last updated Oct 8, 2026 3:30 am.