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$990,000
6 bed
3,388 Sqft
5,171 Sqft lot

1819 S Normandie Avenue, Los Angeles, California 90006

  • Residential Income Property Type
  • 72 Days Time on market
  • $292 Price per sqft
  • 1915 Year Built
Property Description

Exceptional Triplex Opportunity Near Downtown LA Perfect for Investors, Developers and First-Time Homebuyers! Welcome to a unique property just west of Downtown Los Angeles, ideal for owner-users and investors alike! This triplex offers the perfect blend of comfortable living and lucrative rental potential. Property Highlights:- **Spacious Living**: The property features two separate buildings totaling **3,388 square feet** of living space, situated on a generous **4,556 square foot lot**.- **Zoned for Development**: The property is zoned R2 and qualifies for **TOC Tier 1 benefits**, opening doors for potential future development and an attractive prospect for savvy investors.- **Stable Income**: With all tenants currently in place, this triplex has proven to be a stable investment; all tenants have consistently paid their rents throughout the pandemic. Prime Location:- Just **2 miles east of Downtown LA** and **2 miles north of USC**, this property offers an enviable location that is both accessible and vibrant.- **Centrally Located**: Convenient access to public transit, shopping, trendy dining, and excellent schools makes this an ideal locale for tenants, ensuring lower vacancy rates and high demand. Ideal for Investors This triplex is a great fit for anyone looking for a **stabilized asset** or a safe **1031-exchange replacement**. Its strong rental history and strategic location make it a wise investment move. Affordable Financing Options: We welcome FHA, VA, and first-time home buyer programs! Don’t miss this opportunity to make a strategic investment or become a homeowner in one of LA’s most dynamic neighborhoods. Seize the chance to own a piece of prime real estate near Downtown LA today! Whether you’re an investor looking for a reliable income source or a first-time homebuyer looking to break into the real estate market, this triplex is waiting for you.

Basic Details
Residential Income
Buy
24456627
$990,000
6
3,388 Sqft
1915
5,171 Sqft
Active
Condos/Co-ops
Features
: Wall Furnace
0
$0
Address
CA
Los Angeles
Los Angeles
90006
1819 S Normandie Avenue
1819
Avenue
0
W119° 41' 56.1''
N34° 2' 26.5''
S
Additional Information
72
0
4
: Multi/split
1
3,388 Sqft
0 Sqft
0 Sqft
0.12 Sqft
5,171 Sqft
1
0 Sqft
LAR2
5075027019
$0
$0
$0
$0
1
$0
$0
0 Sqft
0 Sqft
$0
1
24/10/2024 20:16:35
$1,050,000
: Standard
Exit the 10 freeway on Normandie and head North, once you pass Washington Blvd, the property will be on the left (West) side of the street.
Coldwell Banker Realty
Joel Newton
CLW-S2000142
CLW-C129533
$0
1
1
0
0
1
2
3
7608
US-06037-N-5075027019-R-N
25/10/2024 03:23:37
Normandie
C16 - Mid Los Angeles
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