1029 S Normandie Ave, Los Angeles, CA 90006
- $1,149,000
- 3
- BD
- 3
- BA
- 1,575
- SqFt
Courtesy of Real Broker, Max Lee - CA DRE#01905008
- List Price
- $1,149,000
- Status
- ACTIVE
- Days on Market
- 103
- MLS#
- 26849367
- Year Built
- 1925
- Bedrooms
- 3
- Bathrooms
- 3
- Living Area
- 1,575
- Lot Size
- 5,907
- Acres
- 0.14
- MLS Area Major
- Mid-Wilshire (C17)
Property Description
ORIGINALLY PRICED AT $1,700,000 NOW, IT'S PRICED TO SELL. SEE ATTACHED DOC FOR INVESTMENT DEPRECIATION AND TAX BENEFIT FOR THE NEXT BUYER. BRING YOUR 1031 EXCHANGE HERE. ** 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.
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Additional Information
- Air Conditioning
- None
- Stories
- 1
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