Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    11100 Normandie Avenue, Los Angeles, CA 90044
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    11100 Normandie Avenue
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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
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      Unlock 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.
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    Features
    Architectural Style
    1. Traditional
    Building Area Total
    1. 2847.00
    Commoninterest
    1. None
    Common Walls
    1. 1 Common Wall
    Construction Materials
    1. Stucco
    Cooling
    1. None
    Country
    1. US
    Days On Market
    1. 45
    Electric
    1. Standard
    Electric Expense
    1. 0.00
    Fencing
    1. Fair Condition
    2. Security
    3. Wrought Iron
    Fireplace Features
    1. Bath
    2. Kitchen
    3. Living Room
    4. Primary Bedroom
    5. Electric
    6. Gas
    Foundation Details
    1. Raised
    Fuel Expense
    1. 0.00
    Garage Spaces
    1. 0.00
    Heating
    1. Natural Gas
    Insurance Expense
    1. 3500.00
    Interior Features
    1. Ceiling Fan(s)
    Laundry Features
    1. Gas Dryer Hookup
    2. See Remarks
    3. Washer Hookup
    Levels
    1. One
    Lockboxtype
    1. None
    Lot Features
    1. 0-1 Unit/Acre
    Netoperatingincome
    1. 82200.00
    Parcel Number
    1. 6076016017
    Parking Features
    1. Driveway
    2. Unpaved
    3. Uncovered
    Pool Features
    1. None
    Postalcodeplus4
    1. 1418
    Property Type
    1. Triplex
    Property Condition
    1. Repairs Cosmetic
    Road Frontage Type
    1. Alley
    Road Surface Type
    1. Paved
    Roof
    1. Shingle
    Sewer
    1. Public Sewer
    Sourcesystemid
    1. CRM
    Sourcesystemkey
    1. 432130117:CRM
    Spa Features
    1. None
    Tenant Pays
    1. Electricity
    2. Gas
    Totalexpenses
    1. 1800.00
    Trash Expense
    1. 0.00
    Utilities
    1. None
    View
    1. None
    Water Sewer Expense
    1. 1800.00
    Water Source
    1. Public
    Year Built
    1. 1949
    Year Built Source
    1. Public Records
    Zoning
    1. LCR320U*
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836