1425 Normandie Avenue , Los Angeles, CA - 90027 is For Sale

  • 219109450DA
  • 219109450DA
  • 219109450DA
  • 219109450DA
  • 219109450DA
  • 219109450DA
  • 219109450DA
  • 219109450DA
  • 219109450DA
  • 219109450DA
$2,500,000· Income property

Description

This is the opportunity of a lifetime. Buy the Corner and Hold if for the Future.!!!!! There are very few buildable commercial 1 acre lots in the area. The subject property actually sits in the corner of this particular lot and is the missing piece needed for a potentially spectacular development at this locationSubject property is a duplex in Hollywood, 1424 and 1424 1/2 N. Normandie Ave. Zoning is LAC2, but the structural use is residential. Currently brings in under market value rent! Two single story detached homes! The front unit is a 2 bedroom with a full bath. The back unit is a 1 bedroom with a full bathroom, with an additional bedroom which is not permitted. Each unit has their own private outdoor space, and each with there own washer/dryer! Tenants pay their power and gas. Easy walk to all of the hip and trendy shops and restaurants on Sunset. Seller is MOTIVATED! Don't hesitate to submit. Seller is the listing agent and is also a licensed real estate agent in the State of California.

Features

MLS#: 219109450DA
List Price : $2,500,000
Total Units : 2
Sq M : 469 M2
Year Built : 1923
Days on market : 29 Days
Gross taxes : N/A
Address : 1425 Normandie Avenue
City : Los Angeles
State : CA
Zip Code : 90027
Neighborhood : N/A
Appliances : Gas Water Heater, Water Heater
Foundation : Raised
Stories : 1
Parking Features : Shared Driveway
Sale Type : Standard
 
Property Type : Residential Income
Property Style : Traditional,Bungalow
Original List Price : $2,500,000
Acres : 0.116
Lot Size (Acres) : 0.116
Heating : Natural Gas, Wall Furnace
Parking Features : Shared Driveway
Cooling : None
Flooring : Wood
Roofing : Composition, Shingle
Rooms : See Remarks
Driving Directions : Soutth-West corner of Sunset and Normandie.
Lot Features : Yard, Paved, Rectangular Lot, Landscaped, Front Yard, Near Public Transit
 
Courtesy of : Gary Demiraiakian , HPS Real Estate Investments

Location

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