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    959 N Normandie Avenue

    Los Angeles (City), CA 90029
    • $1,495,000
    • STATUS: Active
    • ON SITE: 135 days
    • ID#: 20663304
    UPDATED: 26 min ago
    $1,495,000
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,020
      SQFT
    • $495
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1914
    County:

    School Ratings & Info

    Description

    Price reduced by $500k - Possible to have all units vacant upon closing. OPPORTUNITY ZONE. R3-1XL 9,049.9 SQ FT LOT TIER 3 IN HOLLYWOOD. Great for Apartment Building or Small Lot Subdivision. Per City of Los Angeles Building and Safety can build up to 20 units. Currently, triplex with garages to fit 4 cars plus on-site parking.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-13T21:27:51.31. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty Masters & Associates. Licensed in the State of California, USA.
    www.mckeeregroup.com/homes/112258235
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    959 N Normandie Avenue Los Angeles (City), CA 90029

    • Price: $1,495,000
    • Status: Active
    • Updated: 26 min ago
    • ID#: 20663304
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    3,020
    SQFT
    $495
    $/SQFT
    1914
    Built
    Neighborhood:
    C20 - Hollywood
    County:
    Los Angeles
    Area:
    C20 - Hollywood
    Property Description
    Price reduced by $500k - Possible to have all units vacant upon closing. OPPORTUNITY ZONE. R3-1XL 9,049.9 SQ FT LOT TIER 3 IN HOLLYWOOD. Great for Apartment Building or Small Lot Subdivision. Per City of Los Angeles Building and Safety can build up to 20 units. Currently, triplex with garages to fit 4 cars plus on-site parking.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Garage - Three DoorUncovered Parking YN Yes View None View YN No

    Interior Features

    Cooling Wall/Window Unit(S) Cooling YN Yes Heating Wall Furnace Heating YN Yes

    Property Features

    Country Us Gross Income 68400.00 Gross Multiplier 12.50 Gross Operating Income 68400.00 Net Operating Income 50400.00 Other Income1 68400.00 Senior Community YN No Special Listing Conditions Standard Total Expenses 18000.00 Vacancy Allowance Rate 5.00 Zoning Lar3

    Listing provided courtesy of Vladimir Rozumny of Vladimir Rozumny


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-13T21:27:51.31. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty Masters & Associates. Licensed in the State of California, USA.
     
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