Properties
Los Angeles, CA 90004 422 Normandie Place
$825,000
Presented By: Lianne Gallardo with Keller Williams South Bay; 310-918-0020
Baths • 1
SQFT • 1,538
Home Details
Prime investment opportunity! This duplex, located adjacent to Koreatown in a highly desirable R3 lot, offers incredible potential for both immediate rental income and future development.
This property provides the perfect opportunity to expand, add additional units, or redevelop into a multi-unit property. The existing duplex features two well-maintained units and provides a blend of privacy and practicality. This prime location allows residents to enjoy easy access to trendy restaurants, shopping, public transit, and major freeways, making it highly attractive for future development. Whether you're looking to generate income now or take advantage of the zoning for future expansion, this property is a rare find in a high-demand area.
Don't miss out on this value-packed investment opportunity—schedule a viewing today!
Presented By: Lianne Gallardo with Keller Williams South Bay; 310-918-0020
Interior Features for 422 Normandie Place
Other Interior Features
Common Walls1 Common Wall
Laundry FeaturesCommon Area
Total Stories1
Other Rooms
Entry Level1
General for 422 Normandie Place
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityLos Angeles
Community FeaturesStreet Lights
ContingencyTenants to remain in possession at the close of escrow. however, seller would be willing to credit up to $25, 000 in concessions towards cash-for-keys if buyers should choose to do so after the close of escrow.
We strongly advise prospective buyers to conduct a comprehensive verification of all information, encompassing but not limited to building permits, square footage, and school details. Please be mindful that brokers and agents cannot guarantee the absolute accuracy of information such as square footage, bedroom or bathroom count, lot size, dimensions, permitted or unpermitted features, or any other particulars regarding the property.
CountyLos Angeles
DirectionsWest of Normandie Ave, north of Beverly Blvd
Electric Expense
Entry Location1
Fuel Expense
Garage Spaces
Garage Y/NNo
Gross Income56628
Insurance Expense
Land Lease Y/NNo
LevelsOne
Listing TermsCash, Conventional, 1031 Exchange
Lot Size Square Feet4346
Lot Size UnitsSquare Feet
MLS AreaC17 - Mid-Wilshire
Net Operating Income
New ConstructionNo
Number Of Units Total2
Number of Units Leased2
Operating Expense0
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NYes
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count1
Tax Lot5
Tenant PaysCable TV, Electricity, Gas
Total Actual Rent4719
Trash Expense0
Water Sewer Expense0
Year Built1922
Year Built SourceAssessor
ZoningLAR3
Exterior for 422 Normandie Place
Building Area Total1538
Lot FeaturesPaved
Lot Size Acres0.0998
Lot Size Area4346
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters0
Parking FeaturesDriveway
Private PoolNo
Total Parking0
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
