32
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$1,049,000
Est. payment /mo
8,999 Sqft Lot
New
11100 S Normandie AVE Los Angeles, CA 90044
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW25152025
HOA Y/N No
Year Built 1949
Lot Size 8,999 Sqft
Property Sub-Type Multi Family
Property Description
Unlock the potential of this exceptional 3-unit property situated on a spacious 9,000 sq. ft. lot, offering both immediate income and future development opportunities. Potential buyers can enjoy a 7%+ 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:
One-4bed, 2-bath unit
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.
One-4bed, 2-bath unit
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
Zoning R3
Interior
Heating Natural Gas
Cooling None
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup, See Remarks
Exterior
Fence Fair Condition, Security, Wrought Iron
Utilities Available None
Roof Type Shingle
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Tax ID 6076016017
Acceptable Financing Cash to Existing Loan, Cash to New Loan, Conventional, VA Loan
Listing Terms Cash to Existing Loan, Cash to New Loan, Conventional, VA Loan
Special Listing Condition Standard
Listed by Daniel Howard Compass 310-743-6921