Property Detail
Description
3BD Home +Two Storefronts .Mixed-Use | Located in the heart of Los Angeles, is a fully stabilized mixed-use investment opportunity offering nearly an 8% CAP rate and strong in-place cash flow. The property consists of two retail storefronts facing S. Normandie Avenue, each approximately +/-800 square feet, and a detached single-family residence in the rear with its own private driveway and direct access to Normandie Ave., +/-1,000 square feet. All units have been remodeled in recent years, showcasing true pride of ownership. The property is 100% occupied with long-term leases in place: The Mini Market pays $1,700 per month (lease expires March 1, 2027), the Storefront#2 (lease is MTM), and the Residential Unit-Vacant can be leased for +/-3,000.00 per month or used as a primary residence. This turnkey asset offers investors a rare opportunity to acquire a well-maintained, income-producing property with diversified retail and residential income in a strong Los Angeles rental market.
Map Location
Listing provided courtesy of Kanani Stallings of Keller Williams Realty. Last updated 2026-05-07 08:13:59.000000. Listing information © 2026 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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