11100 S Normandie AVE new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90044
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW25101949
Year Built 1949
Lot Size 8,999 Sqft
Property Sub-Type Multi Family
Property 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 opportunity—build 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-occupied—please do not disturb tenants.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Interior
Heating Wall Furnace
Cooling None
Laundry Inside
Exterior
Fence Wrought Iron
Community Features Gated
Utilities Available None
Roof Type Shingle
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Acceptable Financing Cash,Cash to New Loan,1031 Exchange
Listing Terms Cash,Cash to New Loan,1031 Exchange
Special Listing Condition Standard