Back on the Market!!! Excellent value-add opportunity in a centrally located Los Angeles corridor. Situated on S Normandie Avenue, this 4-unit property offers strong upside potential for investors or owner-users seeking long-term appreciation and income in an area experiencing continued growth and revitalization. The property requires TLC, presenting an ideal opportunity to renovate and increase value. Seller is very motivated. Property consists of four units: one (1) 3-bedroom/1-bath unit, two (2) 1-bedroom/1-bath units, and one (1) detached studio back unit with 1 bath. Property includes two (2) car garages. Month-to-month tenants. Convenient access to USC, Downtown Los Angeles, major freeways, public transportation, shopping, dining, and community amenities. Buyer to conduct their own due diligence regarding zoning, square footage, permits, income, and future use. Won't last, take your buyers to see and bring your offers! Seller provides no warranties or guarantees.
| MLS # | 25628521 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1924 |
| Days On Site | 252 |
| Listing Provided By | First Vision Real Estate and Financial Services | Ike Obasi |
| Bed(s) | 1 |
|---|---|
| Bath(s) | 1 |
| SQ Feet | 3,040 |
| Garage | 2 |
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 2 |
| Zoning | LAC2 |
| Acreage | 0.12 |
| Property View | None |
| Cooling | None |
|---|---|
| Cooling Yes / No | No |
| Security Features | Gated Community |
|---|
| Parking Features | Door Multi, Garage |
|---|---|
| Garage Yes / No | Yes |
| Community Features | Gated |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90037 |
| Area | C34 Los Angeles Southwest |
| Listing VS Median (in 90037) | |
Price: $650,000 low | high Med: $1,422,000 sqft: 3,040 low | high Med: 3,918 $ / sqft: $214 low | high Med: $373 On site: 252 low | high Med: 136.5 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90037 |
| Area | C34 Los Angeles Southwest |
| Listing VS Median (in 90037) | |
Price: $650,000 low | high Med: $1,422,000 sqft: 3,040 low | high Med: 3,918 $ / sqft: $214 low | high Med: $373 On site: 252 low | high Med: 136.5 | |