1321 N Normandie Avenue

    Los Angeles (City), CA 90027
    • $889,000
    • STATUS: Active
    • ON SITE: 34 days
    • ID#: 18353726
    $889,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,080
      SQFT
    • $823
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1913
    County:

    School Ratings & Info

    Description

    DEVELOPER ALERT! Great development opportunity in the heart of Hollywood. Property might be sold with the adjoining property. The land together is 10,815 SQ FT Zoned RD1.5 in rapidly enhancing transit oriented Tier 1 community. There is also substantial upside potential on this conveniently located lot for INCOME PROPERTY INVESTORS! Low maintenance building with long standing tenants. With 53% rental upside, this Property is both a stabilized asset and value-add opportunity. Buyer to cooperate with seller on a 1031 exchange at no additional cost to buyer. Easy walk to Metro Station, 15 min Cycling distance to Griffith Observatory, Few mins away from rapidly changing and dynamic Sunset Blvd + Western ave and quick access to freeway 101 making your commute to West Hollywood or DTLA a breeze.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-16T00:28:38.717. 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/84527843

    1321 N Normandie Avenue Los Angeles (City), CA 90027

    • Price: $889,000
    • Status: Active
    • ID#: 18353726
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    1,080
    SQFT
    $823
    $/SQFT
    1913
    Built
    Neighborhood:
    C20 - Hollywood
    County:
    Los Angeles
    Area:
    C20 - Hollywood
    Property Description
    DEVELOPER ALERT! Great development opportunity in the heart of Hollywood. Property might be sold with the adjoining property. The land together is 10,815 SQ FT Zoned RD1.5 in rapidly enhancing transit oriented Tier 1 community. There is also substantial upside potential on this conveniently located lot for INCOME PROPERTY INVESTORS! Low maintenance building with long standing tenants. With 53% rental upside, this Property is both a stabilized asset and value-add opportunity. Buyer to cooperate with seller on a 1031 exchange at no additional cost to buyer. Easy walk to Metro Station, 15 min Cycling distance to Griffith Observatory, Few mins away from rapidly changing and dynamic Sunset Blvd + Western ave and quick access to freeway 101 making your commute to West Hollywood or DTLA a breeze.
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Other Parking YN Yes

    Interior Features

    Cooling See Remarks Cooling YN Yes Laundry Features See Remarks

    Property Features

    Gross Multiplier 0.00 Gross Operating Income 0.00 Improvements Amount 92539 Land Value 192051 Laundry YN Yes Net Operating Income 0.00 Special Listing Conditions Standard Total Expenses 0.00 Zoning Lard1.5

    Listing provided courtesy of Hong Chul Park of Coldwell Banker Residential Br.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-07-16T00:28:38.717. 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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