1819 S Normandie Avenue Active

Los Angeles,CA 90006

$ 990000

7 Beds

0 Bath

3388 SqFt


Key Details

Property Type Other Types

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 3,388 sqft

Price per Sqft $292

MLS Listing ID CL24456627

Bedrooms 7

HOA Y/N No

Year Built 1915

Lot Size 5,171 Sqft

Acres 0.12

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 **st

Location

State CA

County Los Angeles

Area Listing

Zoning LAR2

Interior

Heating Wall Furnace

Cooling No Air Conditioning

Fireplace No

Building

New Construction No

Others

Tax ID 5075027019

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