Property
| Ownership: | For Sale |
|---|---|
| Bedrooms: | 5 BR |
| Bathrooms: | 3 |
| Area: | 4056 sq ft |
| Lot Size: | 0.09 Acres |
FinancialsPrice:$850,000
DescriptionThis 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.
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.
1137 N Normandie Ave 5.0 LA
DescriptionThis 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.
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.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
