Address
1321 N Normandie Avenue Los Angeles, CA
Price
$ 1,449,500
Property Attributes
  • MLS#20657714
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaHollywood
  • Zip90027
  • Style
  • Price$ 1,449,500
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size5,663 SqFt
Listing Provided Courtesy Of:
Adrian Stepien with Keller Williams Silicon Beach.
Property Description

We are pleased to present 1321-1325 N Normandie Ave - a (6) unit multifamily development opportunity situated in East Hollywood. The proposed project consists of two separate APN's (1325 N Normandie is available for sale next door) and will be sold with RTI plans in place, making it the perfect opportunity for a potential investor to begin construction immediately. Each of the properties consists of a vacant 3 Bedroom / 1 Bath Single Family Residence in the front and a detached Duplex in the rear with (2) 1 Bedroom / 1 Bath units. The proposed RTI plans, which consist of 7,612 SF of living area on a combined 10,816 lot, modify the current property and feature a phenomenal unit mix of: (1) 3 Bedroom / 2.5 Bath unit, (2) 3 Bedroom / 3 Bath units and (3) 4 Bedroom / 3 Bath units. The modification of the current structures with the RTI plans that are in place allow an investor to avoid demolition costs and ground up construction, resulting in significant time and financial savings!

Price History
11/10/2020 Listed $1,449,500

General Features

Co-Listing Agent Last Name Derrick
Co-Listing Agent Last Name Vartanian
Co-Listing Agent State License # 01816119
Co-listing Agent Derrick Vartanian - BRE#01816119
Cooling None
Directions The property is located on N Normandie Ave, just north of Fountain Ave, south of Sunset Blvd
Heating None
Listagentaor Southwest Los Angeles
Listing Agent Adrian Stepien - BRE#01979555
Listing Agent State License 01979555
MLS Area C20 - Hollywood
Parking Features Driveway, Garage - Two Door
Source System CRMLS
Special Listing Conditions Standard
Total Units 3
Zoning LARD1.5

Interior Features

Total Stories 2

Exterior Features

Lot Dimensions 45x127
Lot Size Acres 0.1300
Lot Size Area 5747.0000
Lot Size Square Feet 5747.00
Lot Size Units Square Feet
Number of Buildings 2
Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90027

Price
AVG $2.77M
$1.45M
Visits
AVG 29
4
Year Built
AVG 1944
1913

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