9819 S S. Normandie, Los Angeles, CA, US, 90044
9819 S S. Normandie, Los Angeles, CA, US, 90044Basics
- Date added: Added 2 months ago
- Category: Residential
- Type: MixedUse
- Status: Active
- Bedrooms: 3
- Bathrooms: 1
- Area: 2600 sq ft
- Lot size: 3723, 3723 sq ft
- Year built: 1951
- View: Neighborhood
- County: Los Angeles
- MLS ID: IG26042419
Description
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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.
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Location
- Directions: Century > Normandie.
- Lot Size Acres: 0.0855 acres
Building Details
- Structure Type: MixedUse
- Water Source: Public
- Lot Features: ZeroToOneUnitAcre
- Open Parking Spaces: 2
- Sewer: PublicSewer
- Common Walls: OneCommonWall
- Fencing: Privacy
- Garage Spaces: 0
- Levels: One
- Other Structures: Storage
Amenities & Features
- Pool Features: None
- Parking Features: Driveway, Public, Private
- Security Features: WindowBars
- Accessibility Features: Parking
- Parking Total: 2
- Cooling: WallWindowUnits
- Fireplace Features: None
- Interior Features: WalkInPantry
- Laundry Features: WasherHookup,GasDryerHookup
Nearby Schools
- High School District: Los Angeles Unified
Expenses, Fees & Taxes
- Association Fee: 0
Agent info
- Agent name: Kanani Stallings
- Agent MLS: IGSTALKAN
- Agent email: k.stallings@kw.com
- Agent officephone: 951-271-3000
Miscellaneous
- List Office Name: Keller Williams Realty
- Listing Terms: Cash,CashToNewLoan,Conventional,Exchange1031,FHA,Submit,VaLoan
- Common Interest: None
- Community Features: Curbs,Sidewalks
- Attribution Contact: 951-384-0094

