12
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$1,150,000
Est. payment /mo
9,000 Sqft Lot
Price Dropped by $30K
11100 S Normandie AVE Los Angeles, CA 90044
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRDW25032679
Style Traditional
Originating Board California Regional MLS
Year Built 1949
Lot Size 9,000 Sqft
Property Sub-Type Fourplex
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
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Rooms
Kitchen Other
Interior
Heating Gas
Cooling None
Laundry Gas Hookup, 30
Exterior
Parking Features Other, Uncovered Parking
Pool 31, None
View None
Roof Type Shingle
Building
Story One Story
Foundation Raised
Water District - Public
Architectural Style Traditional
Others
Tax ID 6076016017
Special Listing Condition Not Applicable
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Listed by Daniel Howard • Compass