4815 S Normandie Avenue
Los Angeles, CA 90037
$49,000.00 (+6.13%)
Active for $849,000
Beds: 5 Baths: 4 Structure Size: 2,208 sqft Lot Size: 5,405 sqft
| MLS | 24394421 |
| Year Built | 1953 |
| Property Type | |
| County | Los Angeles |
| Status | Active |
| Active | $849,000 |
| Structure Size | 2,208 sqft |
| Lot Size | 5,405 sqft |
| Beds | 5 |
| Baths | 4 |
Description
ALL UNITS WILL BE DELIVERED AS VACANT. This 3 UNIT INCOME PROPERTY has lots of potential with today's high yield CAP rate fantastic Zoning with C2 (Commercial) + Residential mixed use so the buyer may keep the property as it is with higher CAP rate or develop a Mixed Use Commercial and Residential Building. Currently the area is developing with new constructions. The house is Just 7-8 minutes to USC, Exposition Park, Swimming, Stadium. 10 -15 minutes to Downtown Los Angeles and Sofi Olympic Stadium! Current Owner input a lot of improvements on the property and UDU project (ongoing for approval, buyer verify the status) with a new Electric Meter. 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 1,200 SQF or can make a development project with 14 unit apartment building.
Listing information courtesy of: Thomas Yong Kim, Apple Tree Realty 213-222-7574. *Based on information from the Association of REALTORS/Multiple Listing as of 11/12/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Paul Sutton
REALTOR®
Direct: 310.418.7850
Email: Email Me
DRE: 02140631
DRE #01873088
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