Duplex with R-4/1
For Sale
$1,149,000
Pending
1029 S Normandie Ave, Los Angeles, CA 90006
Duplex delivered vacant at close, zoned R-4/1, with by-right buildable density up to 14 units.
Property Size1,575 SF
Days on Market43
Property Features for 1029 S Normandie Ave
General Information
Standard status
Pending
Size
1,575 SF
Property subtype
MULTI_FAMILY
Zoning
R-4/1
Building Details
Building Size
1,575 SF
Year Built
1925
Buildings
1
Listing Agency:
Real Broker
(213) 434-2433
Listed By:
Max Lee · License #01905008
Source:
Benbelack
Added: Jun 18
Changed: Jul 30
Last Checked: Jul 30 at 9:43AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker
Investment Insights
Based on property information with market context.
This duplex is being delivered vacant at close of escrow, giving a clean slate for an owner-operator or developer. The property includes a documented redevelopment framework and notes that there are no approved plans or RTI, so a buyer/developer would be responsible for drawing a new plan.
Zoned R-4/1, the site is described as being in the center of Normandie and Olympic Blvd. The offering also references land-value redevelopment potential, including 14 units by-right at 9,720 sf, plus 26 potential units with TOC Tier 3. The maximum buildable square footage is stated as 17,310 sf.
The existing structure is reported as built in 1925. Buyer is to verify all information, including redevelopment assumptions and buildability.
Zoned R-4/1, the site is described as being in the center of Normandie and Olympic Blvd. The offering also references land-value redevelopment potential, including 14 units by-right at 9,720 sf, plus 26 potential units with TOC Tier 3. The maximum buildable square footage is stated as 17,310 sf.
The existing structure is reported as built in 1925. Buyer is to verify all information, including redevelopment assumptions and buildability.
Key Highlights
- Duplex delivered vacant at close of escrow
- Zoned R‑4/1
- 14 units by‑right buildable at 9,720 sf
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,513
Businesses Nearby
Explore this area
Business Placement
Demographics for 90006, CA
58,229
Population
21,475
Households
2.7
Avg Household Size
36
Median Age
22%
College-Educated
63%
High-School Grad
1.9 sq mi
ZIP Area
30,647
Density / Sq Mi
$49,847
Median Household Income
$31,645
Median Earnings
$1,396
Median Rent
$841,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex delivered vacant at close, zoned R-4/1, with by-right buildable density up to 14 units.
Where is this duplex located?
The property is located at 1029 S Normandie Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,149,000.
What are key features of this property?
This property features: Duplex delivered vacant at close of escrow; Zoned R‑4/1; 14 units by‑right buildable at 9,720 sf
