4815 S Normandie Avenue, Los Angeles, CA 90037
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Listed Price :
$799,000
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Beds :
5
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Baths :
4
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Property Size :
2,208 sqft
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Year Built :
1953
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.
Interior Features
Bedroom Information |
Bedrooms |
5 |
Bathroom Information |
Bathrooms |
4 |
Flooring Information |
Material |
Laminate |
Interior Information |
Cooling Type |
None |
Listing Information
Address |
4815 S Normandie Avenue |
City |
Los Angeles |
State |
CA |
Zip |
90037 |
County |
Los Angeles |
Listing Agent |
Thomas Yong Kim DRE #01934789 |
Courtesy Of |
Apple Tree Realty |
List Price |
$799,000 |
Status |
Active |
Type |
Residential Income |
Structure Size |
2,208 |
Lot Size |
5,405 |
Year Built |
1953 |
Listing information courtesy of: Thomas Yong Kim, Apple Tree Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 11th, 2025 at 5:21 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.