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$ 799,000
Est. payment /mo
Pending
4815 S Normandie AVE Los Angeles, CA 90037
5 Beds
4 Baths
2,208 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Pending
Purchase Type For Sale
Square Footage 2,208 sqft
Price per Sqft $361
MLS Listing ID 24394421
Bedrooms 5
HOA Y/N No
Year Built 1953
Lot Size 5,405 Sqft
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 with beneficial Zoning with C2 (Commercial) + Residential MIXED USE ZONING so the buyer may keep the property as it is with higher CAP rate with cash flow or develop a Mixed Use Commercial and Residential income property. Currently the area is developing with new constructions. The house is Just 7-8 minutes to USC, Exposition Park, Swimming Facility, and Stadium. 10 -15 minutes to Downtown Los Angeles and Sofi Olympic Stadium! Current Owner input a lot of improvements on the property with UDU project with new Electric Meters and upgrades, a new staircase. 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 totaling 1,200 SQF or can make a development project with 14 unit apartment building.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Zoning LAC2
Interior
Cooling None
Flooring Laminate
Fireplace No
Exterior
Parking Features Gated
Total Parking Spaces 6
Building
Story 2
Entry Level Two
Architectural Style Colonial
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5016021004
Special Listing Condition Standard
Listed by Thomas Yong Kim Apple Tree Realty