1211 Normandie Avenue , Los Angeles, CA - 90029 is For Sale

  • 21697406
  • 21697406
  • 21697406
  • 21697406
  • 21697406
  • 21697406
  • 21697406
  • 21697406
  • 21697406
  • 21697406
  • 21697406
  • 21697406
  • 21697406
  • 21697406
  • 21697406
  • 21697406
  • 21697406
  • 21697406
  • 21697406
  • 21697406
  • 21697406
  • 21697406
  • 21697406
  • 21697406
  • 21697406
  • 21697406
  • 21697406
  • 21697406
$1,128,000· Income property

Description

2 Hollywood Homes on 1 lot. 3 large Outdoor Spaces (patios, stunning 360 rooftop) for Entertaining & Recreation & Home Office. Great investment opportunity in rapidly developing area.1 house vacant for owner move-in or rent out both. Previously gained a cap rate of above 6 % for both units rented. FRONT: Craftsman features 3 bed & 2 baths. Contemp. flair. French Doors add that touch of class that continues throughout & invites to step out to an expansive patio & deck ideal for entertainment or private enjoyment as a zen-inspired deck for yoga, relaxation or writing that next great screenplay! Laundry in unit.Back House: Built in 2016 modern w/ 15 foot high ceilings & French Doors open to private entertainment deck. 2nd floor: massive en suite Master Bedroom Loft. Free-standing bath tub w/ city views. 1.5 baths & bamboo floors throughout. Large ROOFTOP w/ breath-taking panoramic views of downtown, Hollywood sign etc. Currently tenant occupied. Minutes to the epicenter of entertainment.

Features

MLS#: 21697406
List Price : $1,128,000
Total Units : 2
Gross Operating Income : $79,080
Net Operating Income : $77,180
Sq M : 413 M2
Year Built : 1915
Days on market : 56 Days
Gross taxes : N/A
Address : 1211 Normandie Avenue
City : Los Angeles
State : CA
Zip Code : 90029
Neighborhood : N/A
Appliances : Refrigerator
Stories : 1
Laundry : See Remarks
Parking Features : Driveway
Sale Type : Standard
Spa : None
View : City Lights
 
Property Type : Residential Income
Property Style : See Remarks
Original List Price : $1,128,000
Acres : 0.1022
Lot Dimensions : 50x89
Lot Size (Acres) : 0.1022
Parking Features : Driveway
Pool Desc : None
Cooling : None
Flooring : Bamboo, Tile
Driving Directions : North of Santa Monica Blvd and South of Fountain Ave. West of Vermont Ave & East of Western Ave
 
Courtesy of : Tanya Stawski , Sotheby's International Realty

Location

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