$1,150,000

1029 S Normandie Avenue, Los Angeles, CA 90006

  • 3 beds |
  • 3 baths |
  • 1,575 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon5,907sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $730/sqft
  • Property List Date Icon Listed 18 days ago

Property Description

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 Status:
Active
Date Added:
October 21, 2025 at 05:00AM
Listing Office:
Real Broker : 619-663-8680
Listing Agent:
Max Lee : 213-434-2433
MLS ID:
25608867
  • A/C: None
  • Heating: None
  • Parking: AssignedParking spaces: 0
  • General: 1
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: LAR45078018007
  • Source: CRMLS_CL

This listing courtesy of Max Lee, Real Broker

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Mariposa - Nabi Primary Center

987 S Mariposa Ave, Los Angeles, CA, 90006

Grades KG-2

0.11 miles away

B

Berendo Middle School

1157 S Berendo St, Los Angeles, CA, 90006

Grades 6-8

0.39 miles away

R

RFK Community Schools - New Open World Academy

3201 W 8th St, Los Angeles, CA, 90005

Grades KG-12

0.48 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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