4815 S Normandie Avenue

Los Angeles, CA 90037

PRICE INCREASE

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+$49,000 (+6.13%)

$849,000

List Price

5

bed Beds

4

shower Baths

2,208 sqft

straighten / sqft

1953

calendar_month Built

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 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

List Price $849,000
Status Active
MLS 24394421
Type Residential Income
Year Built 1953
Lot Size 5,405
Structure Size 2,208
DOM 167
Courtesy Of Apple Tree Realty
Listing Agent Thomas Yong Kim DRE#01934789

Interior Features

Total Bedroom
Bedrooms 5
Total Bathroom
Bathrooms 4
Flooring Information
Material Laminate
Cooling Type
Cooling Type None

Exterior Information

Maps

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 Nov 13th, 2024 at 11:48 PM 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.