4815 S Normandie Avenue Pending Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90037
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Pending
Purchase Type For Sale
Square Footage 2,208 sqft
Price per Sqft $361
MLS Listing ID CL24394421
Bedrooms 5
HOA Y/N No
Year Built 1953
Lot Size 5,405 Sqft
Acres 0.12
Property Sub-Type OTHER
Property Description
ALL UNITS WILL BE DELIVERED AS VACANT. This 3 UNIT INCOME PROPERTY has lots of potential with today's high yield CAP rate with beneficial Zoning with C2 (Commercial) + Residential MIXED USE ZONING so the buyer may keep the property as it is with higher CAP rate with cash flow or develop a Mixed Use Commercial and Residential income property. Currently the area is developing with new constructions. The house is Just 7-8 minutes to USC, Exposition Park, Swimming Facility, and Stadium. 10 -15 minutes to Downtown Los Angeles and Sofi Olympic Stadium! Current Owner input a lot of improvements on the property with UDU project with new Electric Meters and upgrades, a new staircase. The roof is quite new, new Double Pane Windows, New Bathrooms and lots of improvements! This is a GEM and a MUST SEE PROPERTY!!! 2 RESIDENTIAL UNITS WITH A COMMERCIAL UNIT PROPERTY. BUYER MAY ADD UP 2 ADU units with totaling 1,200 SQF or can make a development project with 14 unit apartment building.
Location
State CA
County Los Angeles
Zoning LAC2
Interior
Cooling No Air Conditioning
Flooring Laminate
Fireplace No
Exterior
Total Parking Spaces 6
Building
New Construction No
Others
Tax ID 5016021004