We are pleased to present a 5,826 square foot rare development opportunity in Mid-Wilshire, Los Angeles. Located at 432 North Normandie Avenue, the property sits on a residential neighborhood adjacent to single-family homes and other multifamily properties. Tenants enjoy proximity to the 101 Freeway, and access to amenities on Santa Monica Boulevard, as well as Wilshire Boulevard. Currently the lot features a cash flowing duplex. The property has LAR3-1 zoning which allows for multifamily, and residential developments. This particular zoning has no Q Conditions. The unentitled offering has a potential to allow for a development of 7 units by right, and 12 units with the Tier 3 Transit-Oriented Community (TOC) density bonus. Seller has agreed to carry paper at an interest rate of 3.75%. The property presents an exciting opportunity for any investor to develop in the Mid-Wilshire market while benefiting from LAR3 Zoning in a Tier 3 TOC. Listed by Jason Tuvia, Marcus & Millichap.