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$ 1,149,000
Est. payment /mo
Active
1029 S Normandie Avenue Los Angeles, CA 90006
3 Beds
1,575 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 1,575 sqft
Price per Sqft $729
MLS Listing ID CL26849367
Bedrooms 3
HOA Y/N No
Year Built 1925
Lot Size 5,907 Sqft
Acres 0.14
Property Sub-Type OTHER
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.
Location
State CA
County Los Angeles
Zoning LAR4
Interior
Heating None
Cooling No Air Conditioning
Fireplace No
Exterior
Total Parking Spaces 6
Building
New Construction No
Others
Tax ID 5078018007
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Listed by Max Lee • Real Broker
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