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For Sale

$1,090,000

1,575 sqft$692/sqft32 days on market

1029 S Normandie Avenue

Los Angeles, CA 90006

· 8% down, 7% APR, 30yr fixed

3

Beds

3

Baths

1,575

Square feet

1925

Built

Listing narrative

Description

OPPORTUNITY ZONED!! DON'T MISS THIS CHANCE!! Ai Generated interior photos - 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. OPPORTUNITY ZONED!! DON'T MISS THIS CHANCE!!

Listing agent (MLS): Max Lee · Listing brokerage (MLS): Real Broker

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,090,000

Beds

3 bd

Type

House

Home Size

1,575 sqft

Baths

3

Lot Size

0.14 acres

Year

1925

Status

For Sale

Days on Market

32

$ / Sqft

$692

· 8% down, 7% APR, 30yr fixed
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Courtesy of Real Broker