11100 Normandie Avenue, Los Angeles, CA 90044
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- MLS#: DW25032679 ( Triplex )
- Street Address: 11100 Normandie Avenue
- Viewed: 1
- Price: $1,150,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1949
- Bldg sqft: 0
- Days On Market: 49
- Additional Information
- County: LOS ANGELES
- City: Los Angeles
- Zipcode: 90044
- Provided by: Compass
- Contact: Daniel Daniel
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DescriptionUnlock the potential of this exceptional 4 unit property situated on a spacious 9,000 sq. ft. lot, offering both immediate income and future development opportunities. Potential buyers can enjoy a 6.5% 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: Two 2 bed, 1 bath units 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 opportunitybuild 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 occupiedplease do not disturb tenants.
Property Location and Similar Properties
Features
Architectural Style
- Traditional
Building Area Total
- 2847.00
Commoninterest
- None
Common Walls
- 1 Common Wall
Construction Materials
- Stucco
Cooling
- None
Country
- US
Days On Market
- 45
Electric
- Standard
Electric Expense
- 0.00
Fencing
- Fair Condition
- Security
- Wrought Iron
Fireplace Features
- Bath
- Kitchen
- Living Room
- Primary Bedroom
- Electric
- Gas
Foundation Details
- Raised
Fuel Expense
- 0.00
Garage Spaces
- 0.00
Heating
- Natural Gas
Insurance Expense
- 3500.00
Interior Features
- Ceiling Fan(s)
Laundry Features
- Gas Dryer Hookup
- See Remarks
- Washer Hookup
Levels
- One
Lockboxtype
- None
Lot Features
- 0-1 Unit/Acre
Netoperatingincome
- 82200.00
Parcel Number
- 6076016017
Parking Features
- Driveway
- Unpaved
- Uncovered
Pool Features
- None
Postalcodeplus4
- 1418
Property Type
- Triplex
Property Condition
- Repairs Cosmetic
Road Frontage Type
- Alley
Road Surface Type
- Paved
Roof
- Shingle
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 432130117:CRM
Spa Features
- None
Tenant Pays
- Electricity
- Gas
Totalexpenses
- 1800.00
Trash Expense
- 0.00
Utilities
- None
View
- None
Water Sewer Expense
- 1800.00
Water Source
- Public
Year Built
- 1949
Year Built Source
- Public Records
Zoning
- LCR320U*