We are pleased to present the opportunity to acquire 845 North Normandie Avenue, a 9-unit value add opportunity located in Hollywood, one of the premiere rental markets in Southern California.The property, consisting of nine (9) one bedroom / one bathroom units, is situated on a hard corner lot on a main thoroughfare in Hollywood. Tenants will enjoy ease of ingress and egress as well as ample on-site parking. The property has a lovely curb appeal and looks as though it has been well-maintained throughout the term of prior ownership. The property has significant upside rental potential and is located in a strong rental pocket within Hollywood. Soft Story retrofit required.The asset is located within walking distance to Vermont/Sunset Metro station and benefits from its close proximity by qualifying for the Tier 1 TOC Development Incentive.This property is an excellent opportunity for an investor to acquire a strong value-add play in one of Los Angeles' hottest rental mar
Off market
$2,025,600
845 N Normandie Ave, Los Angeles, CA 90029
9beds
9baths
6,793sqft
MultiFamily
Built in 1954
-- sqft lot
$2,025,600 Zestimate®
$298/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 9
Cooling
- Central
Interior area
- Total interior livable area: 6,793 sqft
Property
Parking
- Total spaces: 9
Lot
- Size: 7,322 sqft
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1954
Community & neighborhood
Location
- Region: Los Angeles
Other
Other facts
- County: Los Angeles
- Heating: Wall
- PropertyType: Residential Income
- SourceLivingArea: Vendor Enhanced
- Equipment: Other
- SourceLotSizeArea: Vendor Enhanced
- Cooling: Air Conditioning
- ListingArea: Hollywood
- ParkingGarage: Covered Parking
- ListingStatus: Pending
- UnitTypeType: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114
Services availability
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,025,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,025,600