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1029 S Normandie Ave, Los Angeles, CA, 90006

3beds
3baths
1,575sqft
$1,149,000
$730price/sqft
$7,866/moest. monthly cost
$314,640/yrincome needed

About This Home

SEE ATTACHED DOC FOR INVESTMENT DEPRECIATION AND TAX BENEFIT FOR THE NEXT BUYER. BRING YOUR 1031 EXCHANGE HERE. ** NOW WITH NEW LOWERED PRICE, LOOKING FOR A SERIOUS BUYER.** NO BETTER LOCATION & ACCESSIBILITY IN TOWN. OPPORTUNITY/LUCK IS FOR THOSE WHO TAKE IT & TAKE IT QUICKLY THAN ANYONE ELSE. Current ownership purchased this property for $1,100,000.00 back in 2018. Motivated Seller. All serious offers will be considered. This DUPLEX, WILL BE DELIVERED VACANT AT CLOSE OF ESCROW. REMODEL TO GET HIGHEST RENT POSSIBLE OR REDEVELOPMENT OPPORTUNITY!! LOCATION, LOCATION, LOCATION!! R-4/1 Zoning, Center of Normandie and Olympic Blvd. Great Location with Great Possibilities!! Land Value. 14 Units By-Right Buildable sq footage 9,720sf. & 26 Potential Units with TOC Tier 3, Maximum Buildable square footage: 17,310 sf., refer to attached Document. Buyer to verify all information. There are no approved plans or RTI. Buyer/developer to draw a new plan.

Getting Around

94
WalkingWalker's Paradise
66
TransitGood Transit
66
BikeBikeable

Schools

3/10
Berendo Middle SchoolGrades 6-80.3 mi

Construction

Condition

  • Year built: 1925

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3

Heating & Cooling

  • Heating features: None
  • Cooling features: None

Interior Area

  • Total structure area: 1,575
  • Total interior livable area: 1,575 sqft

Property

Details

  • Parcel number: 5078018007
  • Zoning: LAR4
  • Special condition: Standard
  • Other equipment: None

Features

  • Levels: One

Lot

  • Lot size: 5,906 sqft

Parking

  • Parking features: Assigned