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1321 N Normandie Ave

Los Angeles, CA 90027
  • $885,000

    Price
  • 5

    Bed
  • 3

    Bath
  • 1,916

    SqFt

About the Listing L2000185 - C125350

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.

Listing Highlights for 1321 N Normandie Ave

Status Active
Days on Site 71
Property Type Business Opportunity
MLS ® 18353726
Year Built 1913
Square Footage 1,916
Lot/Acreage 0.13

Interior Details

  • Bedrooms: 5
  • Bathrooms: 3 Full
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Exterior Details

  • Garage Capacity: 3 car
  • Zoning: LARD1.5
  • Roof:
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Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
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Listing Location

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1321 N Normandie Ave Los Angeles, CA 90027

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Listing Courtesy of Hong Chul Park, Coldwell Banker Residential Brokerage