955 N Normandie, Los Angeles, CA 90029
- $1,100,000
- List Price
- $1,100,000
- Price Change
- ▼ $100,000 1780512810
- Status
- ACTIVE
- MLS#
- SR26043662
- Year Built
- 1914
- Lot Size
- 9,054
- Acres
- 0.21
- Lot Location
- 2-5 Units/Acre, Front Yard
- Days on Market
- 145
- Property Type
- Multifamily
- Property Sub Type
- Triplex
Property Description
Prime LAR3-zoned triplex opportunity in the heart of Los Angeles! Situated on an expansive 9,000+ sq ft lot, this versatile income property offers three separate units with strong rental potential and long-term development upside. The front residence (959) is a charming 3-bedroom, 2-bath single-family home featuring classic character and excellent owner-user appeal. At the rear, a duplex (955 & 957) consists of two 1-bedroom units, each with a loft that may function as a second bedroom or office, enhancing rental flexibility and income potential. Each unit benefits from detached garage space, with additional garage rental income currently in place. The generous LAR3 zoning provides significant redevelopment possibilities for investors seeking to maximize density (buyer to verify with city). Ideal for investors, developers, or owner-occupants looking to live in one unit while generating income from the others. Located in a high-demand rental corridor with convenient access to major transportation routes, employment centers, shopping, and dining. A rare chance to secure a multi-unit property with immediate cash flow and future upside in a rapidly appreciating Los Angeles neighborhood.
Additional Information
- Pool Description
- None
- Garage Spaces Total
- 3
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $56,160
- Operating Expense
- 6200
Listing courtesy of Listing Agent: Liza Parrilla (propertiesbyliza@gmail.com) from Listing Office: Equity Union.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.