1137 N Normandie Avenue, Los Angeles, CA 90029

$850,000 Approx. USD 5 beds, 3 baths
1,406 sqft

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Marketed By The Keaty Team

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Agent Remarks

This East Hollywood property presents a strong value-add investment opportunity for buyers seeking long-term growth, with the added benefit of being located in an Opportunity Zone, offering potential tax advantages for investors. The property features a gated duplex with parking for up to four vehicles, plus an additional un-permitted unit that enhances its income potential. The front unit is a standalone 2-bedroom, 1-bathroom house, while the rear unit has been divided into a 2-bedroom, 1-bathroom space and a 1-bedroom, 1-bathroom space, ideal for maximizing rental income. It's an excellent option for an owner-user looking to live on-site while offsetting costs with rental income. Situated near schools, shopping centers, LA City College, and the Metro Red Line, the location offers tenants convenient access to Silver Lake, Hollywood, Los Feliz, and Downtown Los Angeles.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 25537891

Price: $850,000

Beds: 5

Baths: 3

Built in 1920

1,406 sqft

1 story

0.09 acres

Lot size: 0.0931