11700 S Normandie Avenue, Los Angeles, CA 90044
Local realty services provided by:Better Homes and Gardens Real Estate Champions
11700 S Normandie Avenue,Los Angeles, CA 90044
$1,450,000
- 12 Beds
- 6 Baths
- 3,648 sq. ft.
- Multi-family
- Active
Listed by:alex galuz
Office:keller williams realty calabasas
MLS#:25571227
Source:CRMLS
Price summary
- Price:$1,450,000
- Price per sq. ft.:$397.48
About this home
6-unit multifamily investment property located at 11700 South Normandie Avenue in the 90044 zip code of Los Angeles. The 3,648 square foot subject property sits on a 8,112 square foot lot and with close proximity to the 105 Freeway as well as multiple educational institutions such as Los Angeles Southwest College, Saint Frances X Cabrini Catholic School, and West Athens Elementary, making it a perfect living place for tenants with children, or those continuing their higher education. The subject property has a very attractive unit mix of all 2 Bedroom / 1 Bathroom units and is currently 100% occupied. Five of the six units are being occupied by Section 8 tenants, providing a new investor stable and secure income . The subject property sits in one of LAs Qualified Opportunity Zones, which enables the new investor the opportunity to forego all capital gains taxes on the exit after ample renovation and a 10-year hold. Another way a savvy investor could add significant value would be to utilize the new ADU program that was rolled out state-wide at the beginning of 2020. The program would allow the addition of two, 2 Bedroom / 2 Bathroom units which would generate roughly $50,000 of extra rental income every year and add around $600,000 of property value. This new program is being utilized all over the city as it has offered investors an easy road map to increase income.
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Home facts
- Year built:1960
- Listing ID #:25571227
- Added:68 day(s) ago
- Updated:September 26, 2025 at 10:31 AM
Rooms and interior
- Bedrooms:12
- Total bathrooms:6
- Living area:3,648 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnance
Structure and exterior
- Year built:1960
- Building area:3,648 sq. ft.
- Lot area:0.19 Acres
Finances and disclosures
- Price:$1,450,000
- Price per sq. ft.:$397.48
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