1036 N Normandie Avenue

    Los Angeles (City), CA 90029
    • $1,299,000
    • STATUS: Active Under Contract
    • ON SITE: 180 days
    • ID#: 18315692
    Under Contract
    UPDATED: 19 min ago
    $1,299,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,971
      SQFT
    • $327
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Ratings & Info

    Description

    Great upside potential on this conveniently located fourplex! Four townhouse units, three bedrooms two baths each. Low maintenance building with long standing tenants. All units have tankless water heaters. Tenants have been renting the units for at least 8+ years and are very stable. Buyer to cooperate with seller on a 1031 exchange at no additional cost to buyer. Tenants are not aware at this time that the units are for sale, please do not approach tenants, property shown with accepted offer only!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-08-20T23:28:02.63. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/80926182

    1036 N Normandie Avenue Los Angeles (City), CA 90029

    • Price: $1,299,000
    • Status: Active Under Contract
    • Updated: 19 min ago
    • ID#: 18315692
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    3,971
    SQFT
    $327
    $/SQFT
    1964
    Built
    Neighborhood:
    C20 - Hollywood
    County:
    Los Angeles
    Area:
    C20 - Hollywood
    Property Description
    Great upside potential on this conveniently located fourplex! Four townhouse units, three bedrooms two baths each. Low maintenance building with long standing tenants. All units have tankless water heaters. Tenants have been renting the units for at least 8+ years and are very stable. Buyer to cooperate with seller on a 1031 exchange at no additional cost to buyer. Tenants are not aware at this time that the units are for sale, please do not approach tenants, property shown with accepted offer only!
    Exterior Features

    Lot Size Units Square Feet Parking Features Uncovered Parking YN Yes

    Interior Features

    Appliances None Appliances YN No Cooling None Cooling YN No Laundry Features None

    Property Features

    Gross Multiplier 16.90 Gross Operating Income 76800.00 Improvements Amount 286394 Land Value 254573 Laundry YN No Net Operating Income 63000.00 Special Listing Conditions Standard Total Expenses 6000.00 Zoning Lar3

    Listing provided courtesy of Victoria Berenbau of The Hills Premier Realty.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-08-20T23:28:02.63. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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