7861 Normandie Avenue

Los Angeles, CA 90044

$1,165,000

Sold Price
N/A

bed Beds

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shower Baths

N/A sqft

straighten $604 / sqft

1960

calendar_month Built

Property Description

Partners CRE is proud to exclusively present for sale a perfect owner-user property that has been used for many years as a Children's Daycare but can serve well as offices and much more. Very well maintained over the years by long-term family owners, everything is in good working order. The property features two structures, the larger of which consists of open areas, a kitchen, two bathrooms and direct access on two sides to the open outside spaces. The smaller of the structures features a separate fenced-in area, an open room with an entrance at opposite ends and a bathroom. With the 7,065 SF C2-1VL lot, build 17+/- Units by Right or 25+/- Units by Density Bonus. Purchase the property as a land-bank for its current use and plan for future development! The property and an owner-user Buyer may qualify for an SBA loan. An outlier currently used as a business, the corner lot is surrounded by single family homes, apartment buildings and schools. The property will be delivered vacant with no Rent Control concerns or any requirement for replacement residential units. The 13+/- Parking Spaces are currently being used as a children's play area. DO NOT GO ON SITE. DO NOT DISTURB OCCUPANTS. Children on site.

Listing Information

Close Price $1,165,000
Close Date Tuesday, January 30th, 2024
Status Closed
MLS 23240659
Type Commercial
Year Built 1960
Lot Size N/A
Structure Size N/A
DOM 87
Courtesy Of Keller Williams Beverly Hills
Listing Agent Dario Svidler DRE#01884474

Interior Features

Total Bedroom
Bedrooms N/A
Total Bathroom
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Exterior Information

Maps

Listing information courtesy of: Dario Svidler, Keller Williams Beverly Hills . *Based on information from the Association of REALTORS/Multiple Listing as of Jan 30th, 2024 at 2:38 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.