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1819 Normandie Avenue

Los Angeles, CA 90006

$1,100,000 Price
Est. Payment: $ 0/mo
6
Bed
0
Bath
3,388 Sq. Ft.
$325 / Sq. Ft.

1819 Normandie Avenue

Los Angeles, CA 90006

$1,100,000 Price
$0/mo
6
Bed
0
Bath
3,388
Sq. Ft.
Exceptional Triplex Opportunity Near Downtown LA Perfect for Investors, Developers and First-Time Homebuyers! Welcome to a unique property just west of Downtown Los Angeles, ideal for owner-users and investors alike! This triplex offers the perfect blend of comfortable living and lucrative rental potential. Property Highlights:- **Spacious Living**: The property features two separate buildings totaling **3,388 square feet** of living space, situated on a generous **4,556 square foot lot**.- **Zoned for Development**: The property is zoned R2 and qualifies for **TOC Tier 1 benefits**, opening doors for potential future development and an attractive prospect for savvy investors.- **Stable Income**: With all tenants currently in place, this triplex has proven to be a stable investment; all tenants have consistently paid their rents throughout the pandemic. Prime Location:- Just **2 miles east of Downtown LA** and **2 miles north of USC**, this property offers an enviable location that is both accessible and vibrant.- **Centrally Located**: Convenient access to public transit, shopping, trendy dining, and excellent schools makes this an ideal locale for tenants, ensuring lower vacancy rates and high demand. Ideal for Investors This triplex is a great fit for anyone looking for a **stabilized asset** or a safe **1031-exchange replacement**. Its strong rental history and strategic location make it a wise investment move. Affordable Financing Options: We welcome FHA, VA, and first-time home buyer programs! Don't miss this opportunity to make a strategic investment or become a homeowner in one of LA's most dynamic neighborhoods. Seize the chance to own a piece of prime real estate near Downtown LA today! Whether you're an investor looking for a reliable income source or a first-time homebuyer looking to break into the real estate market, this triplex is waiting for you.
PROPERTY INFORMATION
MLS # 24456627 Lot Size 5,171 Sq. Ft.
HOA Fees $0/Monthly Property Type N/A
Price $ 1,100,000
Price Per SqFt: $ 325
DOM 219 Days
Address 1819 Normandie Avenue Type Residential Income
City Los Angeles Sq.Ft. 3,388 Sq. Ft.
Postal Code 90006 Garage N/A
County Los Angeles Year Built 1915
Bed / Bath 6 / 0 Parking N/A
Built In 1915 Status Active
INTERIOR FEATURES
Has Appliances Yes
Has Heating Yes
Heating Information Wall Furnace
Has Cooling No
Cooling Information None
EXTERIOR FEATURES
WALKSCORE
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $1,173
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
10/24/2024 Listed $1,199,000
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Listing provided courtesy of Joel Newton, Coldwell Banker Realty. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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