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    1211 N Normandie Avenue

    Los Angeles (City), CA 90029
    • $1,128,000
    • STATUS: Active
    • ON SITE: 33 days
    • MLS #: 20672372
    UPDATED: 22 min ago
    $1,128,000
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,194
      SQFT
    • $514
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1915
    County:

    School Ratings & Info

    Description

    2 Hollywood Homes on 1 lot. 3 large Outdoor Spaces (patios, stunning 360 rooftop) for Entertaining & Recreation & Home Office. Great investment opportunity in rapidly developing area.1 house vacant for owner move-in or rent out both. Previously gained a cap rate of above 6 % for both units rented. FRONT: Craftsman features 3 bed & 2 baths. Contemp. flair. French Doors add that touch of class that continues throughout & invites to step out to an expansive patio & deck ideal for entertainment or private enjoyment as a zen-inspired deck for yoga, relaxation or writing that next great screenplay! Laundry in unit.Back House: Built in 2016 modern w/ 15 foot high ceilings & French Doors open to private entertainment deck. 2nd floor: massive en suite Master Bedroom Loft. Free-standing bath tub w/ city views. 1.5 baths & bamboo floors throughout. Large ROOFTOP w/ breath-taking panoramic views of downtown, Hollywood sign etc. Currently tenant occupied. Minutes to the epicenter of entertainment.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-25T21:30:28.033. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.

    www.desertareahomesforsale.com/homes/112816009
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    1211 N Normandie Avenue Los Angeles (City), CA 90029

    • Price: $1,128,000
    • Status: Active
    • Updated: 22 min ago
    • MLS #: 20672372
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    2,194
    SQFT
    $514
    $/SQFT
    1915
    Built
    Neighborhood:
    C20 - Hollywood
    County:
    Los Angeles
    Area:
    C20 - Hollywood
    Property Description
    2 Hollywood Homes on 1 lot. 3 large Outdoor Spaces (patios, stunning 360 rooftop) for Entertaining & Recreation & Home Office. Great investment opportunity in rapidly developing area.1 house vacant for owner move-in or rent out both. Previously gained a cap rate of above 6 % for both units rented. FRONT: Craftsman features 3 bed & 2 baths. Contemp. flair. French Doors add that touch of class that continues throughout & invites to step out to an expansive patio & deck ideal for entertainment or private enjoyment as a zen-inspired deck for yoga, relaxation or writing that next great screenplay! Laundry in unit.Back House: Built in 2016 modern w/ 15 foot high ceilings & French Doors open to private entertainment deck. 2nd floor: massive en suite Master Bedroom Loft. Free-standing bath tub w/ city views. 1.5 baths & bamboo floors throughout. Large ROOFTOP w/ breath-taking panoramic views of downtown, Hollywood sign etc. Currently tenant occupied. Minutes to the epicenter of entertainment.
    Exterior Features

    Architectural Style See Remarks Lot Size Dimensions 50X89 Lot Size Units Square Feet Parking Features Driveway Parking YN Yes Pool Features None Pool Private YN No Spa Features None Spa YN No View City Lights View YN Yes

    Interior Features

    Appliances Refrigerator Appliances YN Yes Cooling None Cooling YN No Flooring BambooTile Laundry Features See Remarks

    Property Features

    Additional Parcels YN Yes Country Us Gross Income 79080.00 Gross Multiplier 14.26 Gross Operating Income 79080.00 Laundry YN Yes Net Operating Income 77180.00 Senior Community YN No Special Listing Conditions Standard Total Expenses 1900.00 Vacancy Allowance Rate 1.00 Zoning Lard1.5

    Listing provided courtesy of Tanya Stawski of Sotheby's International Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-25T21:30:28.033. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.

     
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