11100 S Normandie Avenue

Los Angeles , CA 90044

MLS#: 25570667

$1,049,000

Status: Active
Listing number: 25570667
Listing provided by: Compass
Listing agent phone: None
Last update: 15 hours ago
New on site 1 day ago
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Property

Beds

7

Full Baths

None

1/2 Baths

None

Year Built

1949

Sq.Footage

2,847

Unlock the potential of this exceptional 3-unit property situated on a spacious 9,000 sq. ft. lot, offering both immediate income and future development opportunities. Potential buyers can enjoy a 7%+ CAP. rate currently exceeding the average, which is usually below 5%. R3 Zoning is located in a prime area, and this property offers direct access to Sofi Stadium, Intuit Dome, shopping centers, schools, grocery stores, and more. A rare investment opportunity with strong growth potential This well-maintained multifamily asset features a desirable unit mix:One-4bed, 2-bath unit, One 2-bed, 2-bath unit, One 1-bed, 1-bath unit. Each unit comes equipped with in-unit washer/dryer hookups, enhancing tenant convenience and rental appeal. The expansive backyard presents an incredible value-add opportunity build an additional 2-unit structure or a spacious ADU for increased rental income. Additionally, rents are currently below market value, offering significant upside potential for investors looking to maximize cash flow. The owners have drawings for proposed plans which they are willing to share with the new owner. Located in a prime area, this property offers direct access to Sofi Stadium, Intuit Dome, shopping centers, schools, grocery stores, and more. A rare investment opportunity with strong growth potential. Property is tenant-occupied please do not disturb tenants.

Features & Amenities

Interior

  • Total Bedrooms

    7

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    YES

  • Heating

    Natural Gas, Wall Furnace

Exterior

  • Garage

    No

  • Parking

    Driveway

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.2066

  • Property Type

    Residential Income

Price

  • Sales Price

    $1,049,000

  • Sq. Footage

    2, 847

  • Price/SqFt

    $368

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • Senior Community YN

    NO

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Location

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Los Angeles

Elementary School

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Listing Courtesy of Patricia Scott , Compass

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Unlock the potential of this exceptional 3-unit property situated on a spacious 9,000 sq. ft. lot, offering both immediate income and future development opportunities. Potential buyers can enjoy a 7%+ CAP. rate currently exceeding the average, which is usually below 5%. R3 Zoning is located in a prime area, and this property offers direct access to Sofi Stadium, Intuit Dome, shopping centers, schools, grocery stores, and more. A rare investment opportunity with strong growth potential This well-maintained multifamily asset features a desirable unit mix:One-4bed, 2-bath unit, One 2-bed, 2-bath unit, One 1-bed, 1-bath unit. Each unit comes equipped with in-unit washer/dryer hookups, enhancing tenant convenience and rental appeal. The expansive backyard presents an incredible value-add opportunity build an additional 2-unit structure or a spacious ADU for increased rental income. Additionally, rents are currently below market value, offering significant upside potential for investors looking to maximize cash flow. The owners have drawings for proposed plans which they are willing to share with the new owner. Located in a prime area, this property offers direct access to Sofi Stadium, Intuit Dome, shopping centers, schools, grocery stores, and more. A rare investment opportunity with strong growth potential. Property is tenant-occupied please do not disturb tenants.

11100 S Normandie Avenue

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