2705 S Normandie Ave, Los Angeles, CA 90007
2705 S Normandie Ave, Los Angeles, CA 90007
2705 S Normandie Ave, Los Angeles, CA 90007
2705 S Normandie Ave, Los Angeles, CA 90007
2705 S Normandie Ave, Los Angeles, CA 90007
2705 S Normandie Ave, Los Angeles, CA 90007
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$ 1,299,900
Est. payment | /mo

10 Beds

9 Baths

3,630 SqFt


Save
$ 1,299,900
Est. payment | /mo
Save

10 Beds

9 Baths

3,630 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,630 sqft

Price per Sqft $358

MLS Listing ID 26650049

Bedrooms 10

Construction Status Updated/Remodeled

Year Built 1920

Lot Size 6,883 Sqft

Acres 0.158

Property Sub-Type Multi-Family

Property Description

Immediate cash flow! Currently leased at $10,643/month through July 2027 and ADU potential. We are pleased to offer the opportunity to acquire this high yield Duplex, featuring 10-bedroom + 9-bathroom Student Housing investment opportunity, blocks to the University of Southern California (USC). The duplex is approximately 3,630 rentable square feet on a 6,881 square feet lot, was fully remodeled in 2020 with city permit, featuring brand new exterior stucco/paint, completely updated bathrooms with new electrical, plumbing, sewer and gas lines, brand new portable AC systems, and in-unit washer & dryer on each floor. The investment is 100% occupied with students/graduates and fully leased for the 2025-2026 academic school year. With a consistent 100% occupancy rate, this asset offers a low-risk, stable investment with strong potential for continued growth and excellent operating fundamentals. The property generates a gross income of $12,000 per month, with tenants responsible for all utilities, including water/gas/electricity. Additionally, the large 6,881 SF (LARD1.5 zone, TOC Tier 2) lot presents an opportunity for further cash flow enhancement by constructing ADUs. DO NOT DISTURB THE TENANTS. Showing by Appointment only.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Natural Gas

Cooling Air Conditioning, Heat Pump(s)

Fireplaces Type Bath, Gas, Electric, Dining, Exterior, Kitchen

Equipment Dryer, Freezer

Laundry In Kitchen, Laundry Closet Stacked

Exterior

Parking Features Driveway

Garage Spaces 12.0

Roof Type Asphalt

Building

Story 2

Level or Stories Two

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Real Estate eBroker Inc.

Schools and Properties Nearby

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2705 S Normandie Ave