Listing Courtesy Of:
Coldwell Banker Realty, 310-820-6651, Joel Newton
Local Realty Services Provided By:
Keller Williams Realty Larchmont
Overview
What It'll Cost
Neighborhood
Similar Homes
$990,000
1819 S Normandie Ave, Los Angeles, CA 90006
6 Beds
4 Baths
3,388
sq ft
.12
ac
Log In to Reveal Price
$990,000
1819 S Normandie Ave, Los Angeles, CA 90006
Estimation provided by Keller Williams Realty Inc.
6 Beds
4 Baths
3,388
sq ft
.12
ac
Active
For Sale
Property 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**: 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.
Assessed Value is a combination of the land and additions.
2023
$11,266
(+4.76%)
$896,788
Land 699,933 +
Additions 196,855
2022
$10,754
(+1.38%)
$861,966
Land 672,754 +
Additions 189,212
2021
$10,608
(+3.03%)
$861,966
Land 672,754 +
Additions 189,212
2019
$10,296
(+490,189.05%)
$853,128
Land 665,856 +
Additions 187,272
2017
$2.1
$179,209
Land 113,276 +
Additions 62,420
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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