Rare opportunity with this incredible income-producing property: Two charming homes on one lot. Cap rate of 5.17% makes this TROPHY Property a great investment opportunity in rapidly developing East Hollywood area. Front house 1211 N Normandie Ave consist of 3 Bedrooms & 2 Baths with private bamboo zen/yoga garden deck. Back house 1213 N Normandie Ave built ultra modern in 2016 featuring: 1 Bedroom & 1.5 Bath, 15 foot high ceilings & dining Deck, second floor massive Master Bedroom Loft with on-suite bathroom, ROOFTOP TERRACE with 360 degree panoramic views of Cit of Angels, Hollywood sign, Griffith Center, Beverly Hills and Downtown. BOTH units will be delivered occupied so you can be collecting rent from the time you close! Total Expenses subject to change. Do Not disturb occupants. Pictures are from before the tenants moved in.
MLS # 19-507926
Courtesy Of Nelson Shelton Real Estate ERA Powered
† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
located at 1211 N Normandie Ave, Los Angeles, CA
is currently for sale.
1211 N Normandie Ave, Los Angeles is listed
This property has 4 bedrooms, 3 full bathrooms, and 1 half bathrooms.
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