Los Angeles, CA 90027 1425 N Normandie Avenue

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Presented By: Gary Demiraiakian with HPS Real Estate Investments;
  • MLS# 219109450DA
  • 04/03/2024
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  • GarageGarage • 2

Home Details

This is the opportunity of a lifetime. Buy the Corner and Hold if for the Future.!!!!! There are very few buildable commercial 1 acre lots in the area. The subject property actually sits in the corner of this particular lot and is the missing piece needed for a potentially spectacular development at this locationSubject property is a duplex in Hollywood, 1424 and 1424 1/2 N. Normandie Ave. Zoning is LAC2, but the structural use is residential. Currently brings in under market value rent! Two single story detached homes! The front unit is a 2 bedroom with a full bath. The back unit is a 1 bedroom with a full bathroom, with an additional bedroom which is not permitted. Each unit has their own private outdoor space, and each with there own washer/dryer! Tenants pay their power and gas. Easy walk to all of the hip and trendy shops and restaurants on Sunset. Seller is MOTIVATED! Don't hesitate to submit. Seller is the listing agent and is also a licensed real estate agent in the State of California.
Presented By: Gary Demiraiakian with HPS Real Estate Investments;

Interior Features for 1425 N Normandie Avenue

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
FlooringWood
Heating Y/NYes
Street SuffixAvenue
Total Stories1

General for 1425 N Normandie Avenue

Additional Parcels Y/NNo
AppliancesGasWaterHeater, WaterHeater
Architectural StyleBungalow, Traditional
Attached Garage No
Carport Spaces0.0
Carport Y/NNo
CityLos Angeles
CoolingNone
CountyLos Angeles
Days on Market6
DirectionsSoutth-West corner of Sunset and Normandie.
DisclosuresPrincipalisRealEstateLicensed, RentControl
Garage Spaces2.0
Garage Y/NYes
HOA0.0
HOA / Comm AssnNo
HeatingNaturalGas, WallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashtoNewLoan, Conventional, Item1031Exchange, Submit
Lot Size Square Feet5052.0
MLS AreaC20 - Hollywood
MobileHomeRemainsYNNo
New ConstructionNo
Number of Units Leased2
Open Parking Spaces0.0
PossessionCloseOfEscrow
Private PoolNo
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition, Shingle
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Street NameNormandie
Subdivision NameNot Applicable-1
Tenant PaysCableTV, Electricity, Gas
Total Units2
View Y/NNo
Waterfront Y/NNo
Year Built1923
Year Built SourceAssessor

Exterior for 1425 N Normandie Avenue

Crops Included Y/NNo
Foundation DetailsRaised
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesFrontYard, Landscaped, NearPublicTransit, Paved, RectangularLot, Yard
Lot Size Acres0.116
Lot Size Area5052.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings2
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesSharedDriveway
SpaNo
Total Parking2.0

Additional Details

Price History

1527188455

First Team Client Services

Price $2,500,000
MLS#219109450DA
List Date 04/03/2024
Property Type Multi-Family
Phone 714.964.3311
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