6
See all 6 photos
$3,290,000
Est. payment /mo
10 Beds
10 Baths
8,574 Sqft Lot
New
1007 N Normandie Los Angeles, CA 90029
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26185581
Bedrooms 10
Lot Size 8,574 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
First time on market in 50 years. A Fourplex plus duplex - Six units - Four units 2 bed 1 bath and Two units 1 bed 1 barh - each with its own laundry and ample closets for storage A unique multifamily located in East Hollywood, Freeway close and convenient to entertainment, KTTV Studios, Paramount Studios, Netflix, Kodak Theater, Greek Theater, Griffith Park, minutes from Downtown Los Angeles. Pride of ownership with three 2024-2026 upgraded units in upscale architectural and design features and amenities. No expense was spared in upgrading the three units to Architectural Digest standards. New plumbing, new electrical in two units and partial new electrical in one unit, new flooring, new kitchen and bath fixtures. Owner user for one unit and long term hold with income from rentals with potential for a future redevelopment for multifamily project (to be verified with City of Los Angeles). Five units will be delivered vacant. Buyer will be able to rent the vacant units at market or start plans for a redevlopment without the extreme cost of relocating tenants. All income and expenses are estimated and proforma based on the renovated upgraded units and market rents for such units. Building will be delivered with five vacant units. Buyer to perform its own due diligence. Broker does not warranty any of the information. Broker has not verified any of the information nor will broker verify any of the information. Vacant units can be rented at market rents of up to $2,800 for the one bedroom units and up to $3,650 for the two bedroom units. Four detached garages that can produce a
Location
State CA
County Los Angeles
Zoning Assessor
Direction South of Santa Monica Blvd., North of Melrose Ave., East of Western Avenue.
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5537018013
Listed by Vic Deirmendjian, DRE#00599219 Vic J. Diermendjian
NEARBY SCHOOL & BUSINESS
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