12
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$900,000
Est. payment /mo
5,201 Sqft Lot
Price Dropped by $300K
7319 S Normandie Los Angeles, CA 90044
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Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26034334
HOA Y/N No
Year Built 1932
Lot Size 5,201 Sqft
Property Sub-Type Quadruplex
Property Description
This two-story 4-plex is located in Mid-City Los Angeles. The property includes four units, with two 2-bedroom units and two 1-bedroom units, each featuring a living area, functional kitchen, and bedrooms. The property also offers on-site parking and is fully gated, providing added security and convenience. Its central location places it just minutes from SoFi Stadium, Intuit Dome, LA Live, the Memorial Coliseum, and BMO Stadium, as well as 4 miles south of USC and 10 miles east of LAX. This makes it a great option for investors or owners looking for rental income in a well-connected Los Angeles location. The property offers the opportunity to own an income-producing asset in an active residential area, with an approximate cap rate of 6.37%. The property also has mixed-use potential, with space that may be used for commercial purposes on the ground level and residential living above. This setup offers flexibility for investors who want multiple income streams or for owners interested in combining business and residential use, in line with local zoning regulations. Please do not disturb tenants or enter the property for any reason.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Interior
Fireplace No
Laundry None
Exterior
Pool None
Community Features Curbs, Street Lights, Sidewalks
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6018008023
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Jasmine Bonnell Pinnacle Estate Properties, Inc. 818-277-8334, DRE #02079082
NEARBY SCHOOL & BUSINESS
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