Listing provided courtesy of Daniel Howard of Compass. Last updated 2025-04-22 08:11:32.000000. Listing information © 2024 Sandicor.
Asking Price: $1,150,000 |
11100 Normandie, Los Angeles CA 90044
Community: C34 - Los Angeles Southwest
This Triplex property was built in 1949 and is priced at $1,150,000. Please see the additional details below.
Unlock the potential of this exceptional 4-unit property situated on a spacious 9,000 sq. ft. lot, offering both immediate income and future development opportunities. Potential buyers can enjoy a 6.5% CAP. rate currently exceeding the average which is usually below 5%. R3 Zoning is located in a prime area, and this property offers direct access to Sofi Stadium, Intuit Dome, shopping centers, schools, grocery stores, and more. A rare investment opportunity with strong growth potential This well-maintained multifamily asset features a desirable unit mix:
Two 2-bed, 1-bath units
One 2-bed, 2-bath unit
One 1-bed, 1-bath unit
Each unit comes equipped with in-unit washer/dryer hookups, enhancing tenant convenience and rental appeal.The expansive backyard presents an incredible value-add opportunity—build an additional 2-unit structure or a spacious ADU for increased rental income. Additionally, rents are currently below market value, offering significant upside potential for investors looking to maximize cash flow. The owners have drawings for proposed plans, which they are willing to share with the new owner.
Located in a prime area, this property offers direct access to Sofi Stadium, Intuit Dome, shopping centers, schools, grocery stores, and more. A rare investment opportunity with strong growth potential Property is tenant-occupied—please do not disturb tenants.