826 N Normandie Ave
LOS ANGELES, CA 90029

Property

Ownership: For Sale
Bedrooms: 8 BR
Bathrooms: 4
Area: 8519 sq ft
Lot Size: 0.20 Acres

Financials

Price:$699,000
271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of Equity Union

826 N Normandie Ave 8BR La

Description

Probate sale with court confirmation REQUIRED. An unparalleled investment opportunity awaits in the heart of Los Angeles! This expansive multifamily property, Zoned R3-1XL, TOC Tier-3, offering incredible potential for savvy investors and developers. The property includes a main structure and two units above the garage. The main structure suffered significant fire damage and presents a unique chance to build new construction, fully renovate, or reimagine the entire site to maximize its income-producing potential. The garage units are currently occupied and seller is not collecting rent. Property is being sold with tenants in place at COE and will NOT be delivered vacant. The prime location offers a truly walkable, urban lifestyle. You're just moments from the vibrant energy of Koreatown and Hollywood, with endless dining, shopping, and entertainment options. Commuting is effortless with easy access to the 101 Freeway, as well as the Metro B and D lines, putting the best of Los Angeles within easy reach. This is a rare chance to acquire a valuable piece of real estate in a dynamic, highly desirable, and high-growth neighborhood. **Sold subject to non-paying tenants in place**

CLAW

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.