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$ 1,150,000
Est. payment /mo
Price Dropped by $138K
1029 S Normandie AVE Los Angeles, CA 90006
3 Beds
3 Baths
1,575 SqFt
UPDATED:
02/24/2025 04:52 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,575 sqft
Price per Sqft $730
MLS Listing ID 24372759
Bedrooms 3
HOA Y/N No
Year Built 1925
Lot Size 5,906 Sqft
Property Description
** NOW WITH NEW LOWERED PRICE, LOOKING FOR A SERIOUS BUYER.** NO BETTER LOCATION & ACCESSIBILITY IN TOWN. OPPORTUNITY/LUCK IS FOR THOSE WHO TAKE IT & TAKE IT QUICKLY THAN ANYONE ELSE. Current ownership purchased this property for $1,100,000.00 back in 2018. Motivated Seller. All serious offers will be considered. This DUPLEX, WILL BE DELIVERED VACANT AT CLOSE OF ESCROW. REMODEL TO GET HIGHEST RENT POSSIBLE OR REDEVELOPMENT OPPORTUNITY!! LOCATION, LOCATION, LOCATION!! R-4/1 Zoning, Center of Normandie and Olympic Blvd. Great Location with Great Possibilities!! Land Value. 14 Units By-Right Buildable sq footage 9,720sf. & 26 Potential Units with TOC Tier 3, Maximum Buildable square footage: 17,310 sf., refer to attached Document. Buyer to verify all information. There are no approved plans or RTI. Buyer/developer to draw a new plan.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Zoning LAR4
Interior
Heating None
Cooling None
Fireplace No
Exterior
Parking Features Assigned
Building
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5078018007
Special Listing Condition Standard
Listed by Max Lee • Real Broker
“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”