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1137 N Normandie Ave

Los Angeles, CA 90029
  • $850,000
  • STATUS: Active
  • ON SITE: 32 Days
  • MLS #: 25537891
UPDATED: 27 min ago
$850,000
  • 5
    BEDS
  • 0.09
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,406
    SQFT
  • $605
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:
Area:

School Ratings & Info

Description

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.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-14T16:42:59.857. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.deserthouseseekers.com/homes/163739985
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1137 N Normandie Ave Los Angeles, CA 90029

  • Price: $850,000
  • Status: Active
  • On Site: 32 Days
  • Updated: 27 min ago
  • MLS #: 25537891
5
Beds
3
Baths
0
½ Baths
0.09
Acres
1,406
SQFT
$605
$/SQFT
1920
Built
Neighborhood:
Hollywood
County:
Los Angeles
Area:
Hollywood
Property Description
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.
Exterior Features

Levels One Lot Size Area 4056 Other Structures None Parking Garage CarportGated Total Parking 4

Interior Features

Cooling Ceiling Fan Equipment RefrigeratorRange/Oven Heating Wall

Property Features

Disclosures None Gross Income 74400 Gross Operating Income 72168 Like Units1 2 Like Units2 1 Net Operating Income 53107.00 Number Of Buildings 2 Number Of Units 3 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 19061 Type Of Units Multifamily Year Built Source Vendor Enhanced Zoning LARD1.5

Listing provided courtesy of Zachary Freehling DRE#01879326 of Keller Williams Beverly Hills: 310-432-6400.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2025-06-14T16:42:59.857. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Indian Wells CA, 92210