1819 Normandie Avenue
$1,050,000
6
4
3,388
3,388
$310
Description
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...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.
- Listed by Joel Newton • DRE #01225388 • Brokerage DRE #01464847 • Coldwell Banker Realty
Property Details for 1819 Normandie Avenue
Zoning
LAR2
Parcel Number5075027019
Total Units3.0
Living Area3388
Source Living AreaVendor Enhanced
AreaMid Los Angeles (C16)
Vacancy RateNone
Lot Size Area5171
LISTING UPDATED: 11/14/2024 02:17 PM
Property Details for 1819 Normandie Avenue
Status | Active |
---|---|
MLS # | 24-456627 |
Days on Market | 28 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1915 |
Lot Size | 0.12 AC / 5,171 SF |
County | Los Angeles County |
Building Information for 1819 Normandie Avenue
Stories-Residences-Year Built1915Building Size-Lot Size0.12 AC / 5,171 SF
Property Information for 1819 Normandie Avenue
Property History for 1819 Normandie Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1819 Normandie Avenue
Taxable ValueLand$713,931Additions$200,792Total$914,723
Tax Record2024$11,480 ($957 / month)
Home Facts
Total Finished SqFt3,388 SqFtAbove Grade Finished SqFt3,388 SqFtLot Size5,171 SqFtStyleTriplexYear Built1915ZoningLAR2CountyLOS ANGELESAPN5075-027-019
Schools near 1819 Normandie Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 4 | |||
Public - | K to 5 | |||
Charter - | 5 to 8 | |||
Public - | 6 to 8 |
Rating | School | Distance |
---|---|---|
Twenty-Fourth Street Elementary School PublicK to 4 | ||
Carson-Gore Academy Of Enviornmental Studies PublicK to 5 | ||
Crown Preparatory Academy Charter5 to 8 | ||
Pio Pico Middle School Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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