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About This Home
This 3-bedroom, 3-bathroom residential multi family at 1029 S Normandie Ave in Los Angeles, CA is listed for $1,149,000 ($730 per sqft). Built in 1925, the home offers 1,575 sqft of living space on a 0.14 acres lot.
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.
Key Features
- Built in 1925
- 0.14 acre lot
Property Details
Monthly Cost Estimate
$6,145/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1029 S Normandie Ave
Los Angeles, CA 90006
Property Details
Parking
Questions & Answers
This 3-bedroom, 3-bathroom residential multi family at 1029 S Normandie Ave is listed at $1,149,000 ($730/sqft). The estimated monthly payment is $4,979 based on 20% down at 6.5% interest.
Key features include: Built in 1925, 0.14 acre lot.
This property is listed by Max Lee and can be reached at 2134342433 or Hellomaxlee@gmail.com.
