For Sale
11700 S Normandie Avenue, Los Angeles, CA 90044
  • $1,550,000
  • $425


Property ID: HZ9576327
  • Residential Income
  • Property Type
  • 6.00
  • Garages
  • 1960
  • Year Built


This 6-unit multifamily investment opportunity presents a well-maintained property in a strategic location, fully occupied with stable rental income. The potential to add ADU units and its positioning in a Qualified Opportunity Zone make it an enticing prospect for investors seeking long-term growth and tax advantages.
LOCATION: 11700 S Normandie Ave, Los Angeles, CA 90044, conveniently near the 105 Freeway.
PROPERTY FEATURES: Well-maintained building with a new roof (replaced in 2023), new gate, and fresh paint.
PROPERTY SIZE: The building spans 3,648 Sq.Ft. on an 8,112 Sq. Ft. lot.
UNIT MIX: Attractive unit mix consisting of all 2 Bed/1 Bath units, generating $10,690/mo in rental income
OCCUPANCY: Currently 100% occupied with stable income from five units leased to Section 8 tenants.
VALUE-ADD POTENTIAL: Opportunity to add two 2 Bed/2 Bath ADU units, generating an estimated $50,000 of additional rental income annually and increasing property value by nearly $600,000.
Located in LAs Qualified Opportunity Zone, offering potential investors the possibility to potentially avoid all capital gains taxes on the exit after substantial renovation and a 10-year hold.

  • Address 11700 S Normandie Avenue
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90044
  • Area C36 - Metropolitan Southwest
  • Country United States


Updated on August 1, 2023 at 9:02 pm
  • Property ID: HZ9576327
  • Price: $1,550,000
  • Land Area: 8110.00 Sqft
  • Garages: 6.00
  • Year Built: 1960
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 3648.00
  • Living Area Prefix: Sqft
  • MLS#: PV23139321
  • Agent Name: Jerry Yutronich
  • MLS Status: Active
  • Co-Office Name: Lyon Stahl Investment Real Estate, Inc.
  • Co-Agent Name: Olga Wright
  • Agent State License: 01218093
  • Co-Agent State License: 01315042

Additional details

  • Sewer: Public Sewer
  • County: Los Angeles
  • Property SubType: Commercial/Residential
  • Parking: 6.00
  • Water Source: Public

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