1029 S Normandie Avenue, Los Angeles, CA 90006 - Berkshire Hathaway HomeServices California Properties

1029 S Normandie Avenue, Los Angeles, CA 90006

$1,150,000 Approx. USD 3 beds, 3 baths
1,575 sqft

Listing Agent


Max Lee | Hellomaxlee@gmail.com
Lic#: 01905008
Broker: Courtesy of Real Broker

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 24372759
List price is $1,150,000 Reduced by $138,000 on 2/18/2025
Price: $1,150,000
Beds: 3
Baths: 3
Built in 1925
1,575 sqft
1 story
0.14 acres
Lot size: 0.1356
County: Los Angeles
Zoning: LAR4
Parking description: Assigned
Heating/cooling: None
Heating description: None
MLS area: C17 - Mid-Wilshire

Last Updated: 6/9/2025

 Days On Market (DOM): 447

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This listing belongs to the C17 - Mid-Wilshire MLS area

Lat/Long: 34.051774, -118.300289.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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