This is the opportunity of a lifetime. Buy the Corner and Hold if for the Future!!!!! There are very few buildable commercial 1 acre lots in the area. The subject property actually sits on the inside corner of this particular lot and is their missing piece needed for a potentially spectacular development at this location. Subject property is a duplex in Hollywood area, 1424 N. Normandie Ave. and 1424 1/2 N. Normandie Ave. Zoning is LAC2, and the structural use is residential. The subject property consists of two, single story, detached homes! Main home is newly remodeled. Both homes are 2 bedrooms with a full bathroom each. Easy walk to all of the hip and trendy shops and restaurants on Hollywood Blvd and Sunset Blvd. Seller is MOTIVATED! Don't hesitate to submit. Seller is the listing agent and is also a licensed real estate agent in the State of California.
We are pleased to exclusively present the opportunity to acquire 1423 North Alexandria Avenue, a multi-family investment property ideally located in the heart of East Hollywood, California, one of the most desired rental submarkets in all of Los Angeles. The property sits just east of Normandie Avenue, between Sunset Boulevard and Fountain Avenue. Constructed in 1914, the property sits on 0.15 acres (6,792 square feet) of land and has a total building area of 2,408 square feet. The property features a single family three-bedroom/two-bathroom residence in the front and a duplex in the rear with one-bedroom/one-bathroom floor plans. The charming single-family residence offers gated entrances, tile front porch, paved walkway, fireplace, and multiple entrances to the house. Residents in the duplex units enjoy private backyards. All units are individually metered for gas and electricity, and single-family residence has a separate hot water heater. There are multiple on-site open parking spaces as well as street parking. With a walk score of 90, the property is conveniently located within the Little Armenia neighborhood bordering Los Feliz, Griffith Park, Melrose Hill, Silver Lake, and the Hollywood Hills, providing residents with countless amenities and opportunities to explore new ex
Back on Market! Don’t miss this fabulous duplex located in the highly sought-after area of Hollywood/Los Feliz. This property features two charming 1-bedroom homes on a single oversized lot with a detached garage (2 separate bays) offering a fantastic investment opportunity or the perfect setup for an end-user looking to create their dream space. Both homes are filled with character; arched hallways, hardwood floors, oversized lush backyard, and so much more. Whether you're looking to renovate, rebuild, or develop, this property provides endless possibilities. Delivered vacant, it's ready for immediate transformation. Situated in a prime location, you'll enjoy close proximity to some of Los Angeles' most popular attractions. Enjoy a vibrant dining scene with numerous restaurants, cafes, and shops in nearby Los Feliz Village. With convenient access to public transportation and major freeways, getting around the city is a breeze. This property is ideal for investors or developers alike. Property to be sold AS IS. Offers Subject to Viewing.
Great investment opportunity. Launching this rare to meet, 6 units in Iconic and Vibrant Los Feliz, with excellent unit mix: One 3+2, three 2+2 and two 1+1. Very desirable location. Many upgrades, good size bedrooms & closets. Completed soft-landing Retrofitting. Very fast renting neighborhood. Steps away from beautiful Griffith Park, tennis courts, golf courses, children playgrounds, dog playgrounds, picnic areas, boutique stores, restaurants, coffee and ice crean shops and so much more.
Back on Market and priced reduced : Property located near Los Feliz area. Gated community of 10 individual bungalows built in 1920. Very large lot with tall shady trees down the middle walkway. Each unit has the following: front and back yard, utility room off kitchen, separate dining room, living room, bathroom with 2 entry points, bedroom with 2 walk-in closets. Some units have been upgraded. Most units have very long term tenants. Please do not disturb Tenants. 3 of the 10 units are not rented and ready for new tenants & new owner to manage at market rent. No onsite laundry. No assigned parking. Property under rent control through City of Los Angeles. Recent information from prior escrow shows property to be in Los Angeles Historical District because units are individual bungalows built in 1920's. See attachment for information.
This exquisite 32-unit residential income property stands out with gorgeous French Normandy design and ornate, architectural details. Located along Vermont, just below the hills of Los Feliz, the Griffith Observatory and just blocks from Los Feliz Village- this location couldn't be better. The property features 32 units, consisting of 8 beautiful (1 bedroom, view units with French windows) including a non-conforming, "owner's" unit with a fireplace and 24 charming studios (separate kitchens, dining areas and walk-in closets, which gives them more of a spacious feel). Each unit has charming details offering arched doors and doorways and beamed ceilings. The total building size is 22,582 square feet per assessor. Los Feliz is a vibrant and exciting place to live with amazing cafes, restaurants, nightlife, world famous architecture and lots of hiking for outdoor enthusiasts. Centrally located close to Silver Lake, Hollywood and Downtown LA. Owning this incredible piece of history would be a once in a lifetime opportunity! Seller will consider a partial trade. Almost always 100% occupied, the owner has indicated that there is consistently a "waiting-list" to get into the building. Vacancies have historically been filled through "word-of-mouth". The views, character and charm of the units, elevator, large laundry room and the current owner's maintenance record, make this a most attractive building for tenants. Anticipated upside of the rents is approximately 35-40% of current rents.
Great opportunity to buy at the ground level in rapidly transforming Hollywood. These 3 condo units (six-unit complex) are perfect for an investor looking for an ideal place to park their money! Located in close proximity to Sunset Boulevard, Target, and new luxury developments. All are 1 bed / 1 bath and tenant occupied. Inquire for information regarding financing and more!
The median home value in Los Angeles, CA is $912,500. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Los Angeles, CA is $912,500. Approximately 33.96% of Los Angeles homes are owned, compared to 58.13% rented, while 7.92% are vacant. Los Angeles real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Los Angeles real estate agent to arrange a tour today!
Los Angeles, California 90027 has a population of 3,902,440. Los Angeles 90027 is less family-centric than the surrounding county with 28.08% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Los Angeles, California 90027 is $69,778. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Los Angeles 90027 is 36.2 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 45.9 degrees. The average rainfall is approximately 15.5 inches per year, with 0 inches of snow per year.