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$1200000   Price Analysis
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1223 N Normandie Ave
Los Angeles, CA 90029
2 bed 2 bath 1632 SqFt ($735/SqFt)
4063SqFt lot. Built 1922
Listed 2024-03-23, Taxes $7227
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

A good opportunity for an owner occupied with rentl income or Developer/builder.

These two units a side by side, one unit owner occupied, Each unit has 1 bedroom and 1 bath. The living space est. 1, 632 Sq. Ft. The lot size on this property is 4, 084 Sq. Ft. Zoning is LARD1.5-1XL Located in Tier 1 (Transit Oriented Communities, ) This property can be acquired with the next-door house (3 bedrooms and 2 baths on 1217 N Normandie Ave, Los Angeles, CA 90029.) These two properties combin e a living space is approximately 2, 854 Sq.

Ft. A total lot size of 8, 313 Sq.Ft. It may be possible to build up to 8 units with TOC-transit Oriented Communities-Tier 1. The property might be eligible for special tax (State Enterprize Zone) Please verify with the city and State. The duplex unit will be vacant at closing of escrow. The total sell price for 2 properties is $2.4M


Presented by Somboon Nakorn at
Keller Williams R. E. Services.


Property MLS #24-372011 from TheMLSCLAW

Bedrooms: 2

Total Bathrooms: 2
Full Bathrooms: 2

Bonus Room

Cooling Features: Window Unit(s)
Heating Features: Wall Gas

Flooring: Laminate

Water Features: District

Lot Description: 2-4 Lots
Lot Size Acres: 0.0932736
Lot Size Dimensions: 50x81
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 4063

Garage Description: Driveway
Parking Total: 2

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 2
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 3000, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 2800

Tenant Pays: Electric, Cable TV, Gas, Interior Maint

Source Listing Status: Active
County: Los Angeles
Directions: from south to north of 101 Freeway, exit at Santa Monica blvd, turn right, then turn left on Normandie Ave, the property will be on the Left side.
Source Property Type: Residential Income
Area: Hollywood
Source Neighborhood: Hollywood
Owner Pays: Gardener
Parcel Number: 5537-016-015
Postal Code Plus 4: 1419
Zoning: LARD1.5
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$107698 + $499130
$606828
$7227
2021$105587 + $489344
$594931
$7133
2020$104505 + $484327
$588832
$7203
2019$102456 + $474831
$577287
$6918
2018$100448 + $465521
$565969
$6855
2017$98479 + $456394
$554873
$6702
2016$96549 + $447446
$543995
$6542
2015$95099 + $440725
$535824
$6445
2014$93237 + $432092
$525329
$6473
2013$60000 + $340000
$400000
$4968
2012$60000 + $340000
$400000
$5132
2010$60000 + $340000
$400000
$5158
2009$88758 + $411324
$500082
$6181
2009$60000 + $340000
$400000
$6181
2008$87018 + $403259
$490277
$5913
2007$85312 + $395352
$480664
$5715

Listed 2024-03-23
$1200000
TheMLSCLAW
Sold 2005-06-10
$462000
Public Record
Sold 1973-08-07
$25000
Public Record

Net Operating Income: 52200

Total Square Feet Living: 1632
Year Built: 1922
Building Exterior Type: Hard Coat Stucco
Common Walls: Attached
Direction Faces: East
Levels: One Level
Living Area Source: Vendor Enhanced
Property Age: 102
Levels or Stories: 1
Building Total Stories: 1
House Style: Spanish
Year Built Source: Vendor Enhanced
Architectural Style: Spanish

Sewer: In Connected and Paid

Other Equipment: Range/Oven
Security Features: Gated

Ramona Elementary School is a public elementary school located approximately 0.2 miles away.
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Helen Bernstein High School is a public high school located approximately 0.8 miles away.
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Joseph Le Conte Middle School is a public middle school located approximately 1 miles away.
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Harvard Preschool & Kindergarten is a private elementary school located approximately 0.2 miles away.
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road_viewdining_roomdining_room

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.