4815 S Normandie Ave Los Angeles, CA 90037
Three-unit property with commercial zoning and development potential.
Lot size:
0.12 AcresProperty Features for 4815 S Normandie Ave
General Information
- Lot size
- 0.12 Acres
Building Details
- Year built
- 1953
Source: Apple Tree Realty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Mixed-Use Income Property Opportunity
This three-unit income property, to be delivered vacant, presents a development opportunity with C2 (Commercial) and Residential mixed-use zoning. The property offers the potential for a high-yield CAP rate. Located approximately 7-8 minutes from USC, Exposition Park, Swimming Facility, and Stadium, and 10-15 minutes from Downtown Los Angeles and Sofi Olympic Stadium, the area is undergoing new construction. The property features two residential units and one commercial unit. Improvements include new electric meters and upgrades, a new staircase, a relatively new roof, new double-pane windows, and new bathrooms. There is potential to add up to two ADU units totaling 1,200 square feet or to develop a 14-unit apartment building.
Insight Report
Location Intelligence
Current Use by Public Records
Green Medical Care ...
Alternative Medicine Practitioner
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.30033
- Latitude
- 33.9995
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FAQs
What type of property is this?
Mixed-use property - Three-unit property with commercial zoning and development potential.
Where is this mixed-use property located?
The property is located at 4815 S Normandie Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: - Vacant 3-unit property with high CAP rate potential.; - C2 (Commercial) + Residential MIXED USE ZONING allows for various development options.; - Potential to add up to 2 ADU units (totaling 1,200 SQF) or develop a 14-unit apartment building.