Property Detail

1137 Normandie

Los Angeles CA 90029

$850,000

Status: Active

Property Details

Description

This East Hollywood property presents a strong value-add investment opportunity for buyers seeking long-term growth, with the added benefit of being located in an Opportunity Zone, offering potential tax advantages for investors. The property features a gated duplex with parking for up to four vehicles, plus an additional un-permitted unit that enhances its income potential. The front unit is a standalone 2-bedroom, 1-bathroom house, while the rear unit has been divided into a 2-bedroom, 1-bathroom space and a 1-bedroom, 1-bathroom space, ideal for maximizing rental income. It's an excellent option for an owner-user looking to live on-site while offsetting costs with rental income. Situated near schools, shopping centers, LA City College, and the Metro Red Line, the location offers tenants convenient access to Silver Lake, Hollywood, Los Feliz, and Downtown Los Angeles.

Map Location

Listing provided courtesy of Zachary Freehling of Keller Williams Beverly Hills. Last updated 2025-05-14 08:12:19.000000. Listing information © 2025 CRMLS.

John Collins

John Collins

DRE# 01948188
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