$1,050,000
For Sale

660 N Normandie Avenue

Los Angeles, CA 90004
3081 sqft | 8 beds | 0.17 acres | #25509591
Listing OfficeKeller Williams Larchmont
Browse 5 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

Prime Development Opportunity in Koreatown Adjacent R3 Zoning! Located in a rapidly developing area near Koreatown, this R3-zoned property sits on a spacious 7,505 sqft lot, making it an ideal candidate for redevelopment or a lucrative rental investment. Surrounded by large apartment complexes and offering easy access to major freeways, this location provides exceptional convenience and strong demand for housing. The property currently consists of three income-generating units: Unit #1: 4BR/2BA $3,200/month (Front Unit) Unit #2: 2BR/1BA $1,255/month (Second Floor) Unit #3: 1BR/1BA $1,890/month (First Floor). Additional features include two garages plus six additional parking spaces, providing ample parking options for tenants or future development plans. Totaling $6,345/month in rental income, this investment presents immediate cash flow while offering tremendous potential for future development. With ongoing city redevelopment efforts in nearby Hollywood and Koreatown, plus Metro expansion improving accessibility, this location is poised for continued growth. Don't miss this rare opportunity to capitalize on a prime LA property with endless possibilities! Buyer to verify all zoning and development potential.

  • Property Details
      • Property SubtypeResidentialIncome
      • Property TypeMulti-Family
      • CountyLos Angeles
      • Original List Price$1,150,000
      • ViewMountains
      • MLS #25509591
      • MLS #25509591
      • Cost1050000
      • Acres0.1723
      • Sewer InformationOther
      • Square Feet3081
      • Year Built1922
      • Bedrooms8

Location

Marjorie CrowReal Estate Group
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