904 S Normandie Avenue

    Los Angeles (City), CA 90006
    • $2,790,000
    • STATUS: Active
    • ON SITE: 196 days
    • ID#: TR19072160
    UPDATED: 23 min ago
    $2,790,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,633
      SQFT
    • $1,060
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1915
    County:

    School Ratings & Info

    Description

    Great oppurtunity to build 29-unit mixed stuidos and 2beds luxury Apartment in excellent location in Koreatown. R4-2 Zoning at TOC tier 3 with 70% Density Bonus. The project is currently in the process of receiving approved entitlements. The property can be delivered vacant at the Close of Escrow.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-15T00:33:24.53. 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 deemed reliable but is not guaranteed accurate by the MLS or J1 REALTY GROUP. Licensed in the State of California, USA.
    www.j1re.com/homes/93251577

    904 S Normandie Avenue Los Angeles (City), CA 90006

    • Price: $2,790,000
    • Status: Active
    • Updated: 23 min ago
    • ID#: TR19072160
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    2,633
    SQFT
    $1,060
    $/SQFT
    1915
    Built
    Neighborhood:
    C17 - Mid-Wilshire
    County:
    Los Angeles
    Area:
    C17 - Mid-Wilshire
    Property Description
    Great oppurtunity to build 29-unit mixed stuidos and 2beds luxury Apartment in excellent location in Koreatown. R4-2 Zoning at TOC tier 3 with 70% Density Bonus. The project is currently in the process of receiving approved entitlements. The property can be delivered vacant at the Close of Escrow.
    Exterior Features

    Garage Spaces 50.00 Lot Features Lot 6500-9999 Lot Size Source Assessor Lot Size Units Square Feet Parking Total 50.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features Inside

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Valley Country Us Electric Expense 6000.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 762900.00 Gross Scheduled Income 762900.00 Insurance Expense 18000.00 Land Lease YN No Laundry YN Yes Net Operating Income 551900.00 New Construction YN No New Taxes Expense 114000.00 Number Of Separate Electric Meters 29 Number Of Separate Gas Meters 29 Number Of Separate Water Meters 29 Operating Expense 211000.00 Professional Management Expense 70000.00 Property Sub Type Duplex Rent Control YN Yes Senior Community YN No Sewer Unknown Special Listing Conditions Standard Total Expenses 224440.00 Trash Expense 10440.00 Water Sewer Expense 6000.00 Water Source See Remarks Year Built Source Public Records Zoning Lar4

    Listing provided courtesy of Jiaoyang Wang of Kw Executive


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-15T00:33:24.53. 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 deemed reliable but is not guaranteed accurate by the MLS or J1 REALTY GROUP. Licensed in the State of California, USA.
     
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